Karnataka’s Excise Department has recorded higher revenue of ₹2,122.90 crore in the first quarter of this financial year (2021-22) compared to the corresponding period in the previous year. The department’s collections during April-June 2021 was ₹5,954.07 crore against ₹3,831.17 crore during the same period in 2020. The figures for IML show that sales increased to 154.19 lakh cartons in the first quarter in 2021 from 100.76 lakh cartons in April-June 2020, an increase of 53.43%. The sale of beer increased to 45.38 lakh cartons in April-June 2021 against 33.83 lakh cartons during the same period in 2020, an increase of 11.55%. The Karnataka budget has increased the excise revenue target from ₹22,700 crore in 2020-21 to ₹24,580 crore in 2021-22.

Source: The Hindu July 03, 2021 09:45 UTC