Telangana refuses to hike prices, UBL halts beer supply
New Indian ExpressHYDERABAD: United Breweries Limited on Wednesday decided to suspend, with immediate effect, the supply of beer to the Telangana Beverages Corporation Limited, due to the latter not releasing dues to the tune of Rs 658.95 crore. Reacting to UBL’s demand later in the evening, Excise Minister Jupally Krishna Rao said that it was not possible to hike beer prices, as it would burden consumers. Krishna Rao and Excise & Prohibition Director Chevvuru Hari Kiran told reporters that if the government were to accept the demand of the distillers and increase beer prices by 33%, a bottle of the brew priced at Rs 150 could cost Rs 250, burdening consumers. Of the total bills worth Rs 40,000 crore pending in the state due to the previous BRS regime, the Excise department has pending bills worth Rs 2,500 crore,” Krishna Rao explained. The minister said that after the Congress came to power, the Excise department cleared bills worth Rs 1,130.99 crore.
History of this topic
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