Hyderabad: Telangana government is contemplating a hike in beer and foreign liquor prices. Several major beer manufacturers recently approached the government to submit representations asking for an increase in beer prices.
Following this, the government decided to constitute a committee on Tuesday to look into the issue. Any hike in prices would be based on the report submitted by the committee. However, according to the sources the cost of a beer mug may increase by Rs 5.
According to excise secretary and commissioner Somesh Kumar, the committee will be headed by retired IAS officer Arvind Reddy.
He said the committee, which will also have a chartered accountant and a retired judge who will together conduct a comprehensive study, will submit a report to Telangana State Beverages Corporation Ltd (TSBCL) in 30 days. The committee will also examine transparency in liquor tender process. Mr Somesh Kumar said the prices of liquor were last hiked in 2014.
