Delhi will earn Rs 3,000 crore extra revenue in next 12 months under new excise policy: Manish Sisodia

The Delhi government earned 41 percent less revenue last year due to COVID-19, Deputy Chief Minister Manish Sisodia said on Wednesday.

The revenue generated in the current financial year is 23 percent less, he added.

Under the new excise policy, the city government will earn Rs 3,000 crore extra revenue in the next 12 months, the deputy chief minister said, adding that it expects to earn around Rs 10,000 crore from bidding of liquor stores in 32 zones in the city.