Punjab govt to slash liquor prices from next month

CHANDIGARH: The Punjab government on Tuesday decided to slash prices of liquor from April 1. As per the state’s new excise policy, the price of country-made liquor will fall from existing ₹250 per bottle to ₹210. In case of medium level brand of IMFL, the price has been reduced from ₹650 to ₹550. The price of beer will also fall by ₹40 per bottle. Despite pressure from big players, the government also decided to break monopoly in the liquor trade. It plans smaller and more players to being in competition and control in prices.