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The Union Budget of the third term of Narendra Modi's government was presented in Parliament today. Union Finance Minister Nirmala Sitharaman is presenting the budget for the ninth consecutive time, and this year's budget includes major announcements for sectors like health, agriculture, defense, tourism, infrastructure, and employment generation. However, this budget has raised significant concerns for the common people as well as drinkers.
Alcohol to become expensive, drinkers worried
The decision to increase excise duty has been made in the central budget, which will directly affect the prices of alcohol. With the increase in excise duty, there is a possibility of alcohol prices rising across the country. Therefore, many drinkers are asking, “How will we drink alcohol now?” While inflation is already affecting the common people, the increased tax on alcohol will disrupt the budget of alcohol lovers.
What type of alcohol is affected?
According to sources, the increase in excise duty could affect all types of alcohol, including country liquor, Indian Made Foreign Liquor (IMFL), beer, and wine. As additional taxes are already being levied by state governments, there is a possibility of a significant increase in retail prices. It is estimated that in some states, the price per bottle of alcohol could increase by 20 to 50 rupees.
What is the government's objective?
According to the government, the purpose of increasing excise duty is to increase revenue and reduce the adverse effects on public health. Considering the health issues, accidents, and social problems caused by alcohol consumption, the government believes it is appropriate to increase the tax on alcohol. Additionally, it has been indicated that the revenue generated from the increased tax will be used for health, education, and social schemes.
Dissatisfaction among drinkers
However, this decision has led to dissatisfaction among drinkers. “Inflation is already high. When it is difficult to manage household expenses, how can one maintain a hobby if alcohol also becomes expensive?” some alcohol enthusiasts have expressed. Memes and reactions about the increase in alcohol prices are also going viral on social media.
Some items cheap, some expensive
In this budget, where tax concessions have been given on some goods and services, some things are also going to become expensive. The increase in excise duty on alcohol has become an important issue. Therefore, it is almost certain that this budget will impact drinkers. Overall, although Budget 2026 focuses on development, the increase in alcohol prices will put an additional burden on drinkers' pockets.
• Increase in excise duty on alcohol in Budget 2026
• Possibility of domestic, foreign liquor, beer, and wine becoming expensive
• Increased taxes to impact drinkers' pockets
• Government's aim is revenue growth and public health improvement