City
Epaper

Cheers! Kerala tipplers gulp down liquor worth Rs 108 crore on New Year's Eve

By IANS | Updated: January 1, 2025 15:50 IST

Thiruvananthapuram, Jan 1 After making merry over the Christmas festival (December 24-25) when they gulped down beer ...

Open in App

Thiruvananthapuram, Jan 1 After making merry over the Christmas festival (December 24-25) when they gulped down beer and liquor worth Rs 152.06 crore, tipplers in Kerala went a step further on New Year's Eve, when they forked out Rs 108 crore for their preferred drinks.

Compared to the 2024 New Year's Eve, sales this time went up by Rs 13 crore, making it an all-time high.

These figures were released by the Kerala State Beverages Corporation ( KSBC), the sole wholesaler of alcoholic drinks in the state.

The KSBC outlet at Ravipuram in Kochi recorded the highest sales on New Year's Eve.

Liquor is sold through 277 retail outlets owned by the Corporation, while the state-backed cooperative organisation Consumerfed also has 39 retail outlets.

On December 24, the sales were Rs 97.42 crore, while on Christmas day, they were Rs 54.64 crore.

There has been a sizeable increase in sales, compared to the 2023 Christmas period when the sales figure was Rs 122.14 crore.

Incidentally with the sales peaking and with just one more quarter left for the present fiscal to end, it is certain to better the sales of the previous fiscal which saw the sale of liquor and beer touching Rs 19,088.68 crore, up from Rs 18,510.98 crore in 2022-23.

Over the years. the Kerala state exchequer is kept alive by the taxes collected through the sale of beer and liquor. In the last fiscal, this generated a staggering Rs 16,609.63 crore, up from Rs 16,189.55 crore in 2022-23.

The profile of liquor consumers in Kerala reveals that around 32.9 lakh people out of the 3.34 crore population in the state consume liquor, which includes 29.8 lakh men and 3.1 lakh women. Around five lakh people consume liquor on a daily basis. Of this, as many as 83,851 people, including 1,043 women, are addicted to alcohol.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalTwo Israeli soldiers killed in Gaza

InternationalIranian FM voices satisfaction with 'process, pace' of indirect talks with US

InternationalTaiwan detects Chinese military activity near its territory

InternationalHouthis say Russian sailors injured in US airstrikes on Yemen's Red Sea port

InternationalNo justification for such acts of terror: Iranian Prez condemns J&K attack in phone call with PM Modi

Business Realted Stories

BusinessMillions benefited from Ayushman health cards, now is the time for Delhi: Hardeep Puri

BusinessViksit Bharat will be driven by start-ups and innovation: IIT Madras Director

BusinessIndia sees robust 10.35 pc annual growth in domestic airline passengers in FY25

BusinessSwiggi Instamart to create dedicated 'cooperative' category on its platform, signs MoU

BusinessIDFC FIRST Bank posts nearly 60 pc net profit loss at Rs 295.6 crore in Q4 FY25