Home/MARKETS/CHINA/Article
MARKETS

Excise Minister M. Liju states no decision on low-alcohol beverages yet

Excise Minister M. Liju stood by the Budget proposal aimed at lowering taxes on low-alcohol beverages, emphasizing that no formal policy decision has yet been reached. This proposal has faced backlash from local leaders, including Bishop Mar Remigiose Inchananiyil, who called on the government to rethink its strategy.

BRIC Team
BRIC Team
Jun 20, 2026 · 1 min read · 11 views
Excise Minister M. Liju states no decision on low-alcohol beverages yet

Key Takeaways

  • Excise Minister M. Liju stated that the tax adjustment on low-alcohol beverages is purely financial, with no policy shift planned.
  • The Abkari Act was amended in 2023 to create a category for low-alcohol beverages containing 0.5% to 20% alcohol.
  • State Home Minister Ramesh Chennithala emphasized that no new bars have been authorized since the UDF took office.
  • Bishop Mar Remigiose Inchananiyil criticized the proposal, claiming it sends a negative message to society and urged reconsideration.

Excise Minister M. Liju defended recent Budget move to cut taxes on low-alcohol drinks . Government hasn't decided on introducing these products yet,he said. It's just a financial tweak,not a policy change . Liju noted the previous LDF government amended Abkari Act in 2023 to create category for beverages with 0.5%-20% alcohol, and tweaked it again in 2025.

“LDF leaders who brought these rules now criticize the move . What's the logic?” Liju asked at a press briefing. No formal policy decision yet from Excise department,he added. Talks on state's liquor policy will happen after Assembly session .

Backing proposal,State Home Minister Ramesh Chennithala said no new bars have been okayed since UDF took office. He stressed administration's commitment to gradually cut alcohol use and availability. “No one should question our sincerity. We have a clear policy,” Chennithala said in Kozhikode.

But local leaders like Bishop Mar Remigiose Inchananiyil slammed proposal,arguing it sends wrong message to society. Urged government to rethink…

#Kerala

Share this article

Related Articles

Foreign buyers halt villa purchases in Thailand as nominee loophole closes

Foreign buyers halt villa purchases in Thailand as nominee loophole closes

Thailand's Department of Business Development has discovered 11,426 companies in Koh Phangan and Koh Samui that have foreign stakes, leading to a crackdown on illegal nominee structures. This increased scrutiny is making potential buyers think twice about investing in luxury villas, as foreign transactions in Phuket and Koh Samui have soared to as high as 90 percent.

BRIC Team

Jun 21, 20261 views
Three Indian oil tankers transit Strait of Hormuz with 94 crew members

Three Indian oil tankers transit Strait of Hormuz with 94 crew members

On Saturday, three Indian-flagged crude oil tankers—Desh Vaibhav, Desh Vibhor, and Sanmar Herald—successfully passed through Strait of Hormuz, transporting more than 8.6 lakh metric tonnes of cargo. These vessels are set to arrive at Indian ports between June 24 and July 1, showcasing India's maritime strength in securing energy supplies.

BRIC Team

Jun 21, 20261 views
BHEL and Coal India invest Rs 25,000 crore in Odisha coal gasification project

BHEL and Coal India invest Rs 25,000 crore in Odisha coal gasification project

Bharat Heavy Electricals Limited and Coal India Limited are set to invest ₹25,000 crore in a coal gasification project in Odisha, as Union Minister G Kishan Reddy recently announced. This initiative is designed to boost fertilizer production and generate job opportunities, promising to significantly reshape the industrial landscape of the region.

BRIC Team

Jun 21, 20266 views
River Road Asset Management trims Amgen stake by 40.7% to $7.21 million

River Road Asset Management trims Amgen stake by 40.7% to $7.21 million

River Road Asset Management LLC has reduced its stake in Amgen Inc. by 40.7%, offloading 15,112 shares and now holding 22,044 shares worth around $7.21 million. This decision aligns with a trend where institutional investors own 76.5% of Amgen’s stock, highlighting ongoing market adjustments.

BRIC Team

Jun 21, 20266 views
Trump pledges no tolls for Strait of Hormuz unless US collects them

Trump pledges no tolls for Strait of Hormuz unless US collects them

President Donald Trump declared on Saturday that passage through Strait of Hormuz will be toll-free for a 60-day ceasefire, unless the United States decides otherwise. This announcement prompts speculation about possible future tolls, especially since Iran's military asserts control over the strait, adding complexity to upcoming negotiations in Switzerland.

BRIC Team

Jun 20, 20267 views
India boosts LPG imports from US and Iran amid West Asia conflict

India boosts LPG imports from US and Iran amid West Asia conflict

India has overhauled its LPG import strategy, boosting purchases from U.S. and Iran to lessen dependence on Gulf countries. By April 2026, imports from U.S. are expected to account for one-third of total LPG. This change has resulted in a 20% decline in LPG consumption in May, influenced by climbing prices and supply limitations.

BRIC Team

Jun 20, 20268 views