Odisha has set Rs 4600 cr Excise revenue target in 2019-20: Min

Bhubaneswar: The Odisha government has set a target of collecting Rs 4600 crore Excise revenue from sale of alcoholic beverages, informed state Excise Minister Niranjan Pujari today.

The Minister informed to the state Assembly while replying to a query.

Pujari said the state government had collected Rs 3925 crore towards Excise revenue in financial year 2018-19 and it has set a target of Rs 4600 crore in this fiscal ending March 2020.

It is noteworthy to mention here that the state government had surpassed the target last financial year which was set at Rs 3800 crore. In the current financial year, the state government has set a target of Rs 4600 crore.

As per official figures, it has collected Rs 970.50 crore by this June end.

Notably, the department has been meeting its revenue collection target in successive years indicating a rising trend of consumption of different beverages such as India-made foreign liquor (IMFL), beer and
country spirit in the state.

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