Punjab cabinet approves new excise policy, aims at over Rs 10,000-Cr collections

The Punjab cabinet gave its nod on Saturday to the excise policy for 2024-25, which is aimed at garnering revenue to the tune of more than Rs 10,000 crore from the sale of liquor.

A decision to this effect was taken at a cabinet meeting chaired by Chief Minister Bhagwant Mann here.

Addressing reporters here after the meeting, Finance Minister Harpal Singh Cheema said the cabinet has approved the new excise policy — the third such policy of the Aam Aadmi Party (AAP) government.