Karnataka Alcohol Policy Shift Boosts Premium Liquor Market
Why in the News ? Karnataka’s new alcohol taxation policy and transition toward a market-driven liquor sale system are expected to benefit companies like United Spirits. The policy introduces Alcohol-in-Beverage (AIB) based taxation, potentially encouraging premiumisation in the liquor industry. Karnataka’s New Liquor Policy and Tax Changes: Karnataka is moving from a government-controlled liquor pricing…