Hit on revenues from alcohol to dent Delhi govt's revenue balance

The Delhi government had projected Rs 9,454 crore in revenues from alcohol -- Rs 700 crore from country spirits and Rs 8,754 crore from foreign liquor and spirits -- for 2022-23. This represented a 57.6 per cent rise from around Rs 6,000 crore it had been earning from alcohol a year in recent times.
 
The projected revenue from alcohol estimated at the time of presenting the Budget constituted around 20 per cent of the state's expected own tax revenue and 15 per cent of its total receipts for the current financial year.
 
This revenue is now in the