The Karnataka government has implemented a new excise policy based on Alcohol in Beverage (AIB), leading to a significant drop in the prices of beer, whisky, and rum. Instead of brand-based pricing, rates are now determined by alcohol percentage. Popular brands like Royal Stag, Peter Scot, and Kingfisher have seen a reduction in MRP. This transparent system, a first in India, aims to increase state revenue while benefiting consumers. The revised price list is effective immediately across the state.
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