Liquor prices in the State could be in for a hike.
While replying to the discussion on the demands for grants in the State Assembly on Wednesday, Minister for Excise M.V. Govindan said the cost of raw materials for the production of Indian-made foreign liquor (IMFL) had shot up. Even the State-run Kerala State Beverages Corporation (Bevco) is facing a loss of ₹3 to ₹4 a bottle in the production of its top brands owing to the increase in the cost of spirit, he said.
“Taking all this into account, the government feels that necessary steps would have to be taken,” he said.
