Bhubaneswar: The Odisha government is poised to introduce a revamped Excise Policy by the end of May, shifting from an annual framework to a three-year plan aimed at fostering stability and growth in the state’s liquor industry.
Excise Minister Prithviraj Harichandan announced on Friday that the policy is in its final drafting stages, following an extensive review of existing practices, stakeholder inputs, and a comparative analysis of excise policies in other Indian states.
“This policy marks a shift toward a more strategic and stable approach,” Harichandan told the media. “Unlike the previous yearly model, which limited long-term planning, the new three-year policy will provide a robust framework for the excise sector.”
The minister highlighted that the policy incorporates key amendments, including updated licensing norms, enhanced revenue strategies, stricter quality controls, and a more transparent retail distribution system. The initiative aligns with Chief Minister Mohan Charan Majhi’s directive to study best practices from other states to ensure a forward-looking policy.
Balancing economic viability with public health, the policy aims to boost revenue while addressing social responsibilities. Set to take effect immediately upon its announcement, the three-year policy is expected to streamline regulations and promote a growth-oriented environment for the liquor industry.
Industry stakeholders and enforcement agencies are eagerly awaiting the policy’s release, anticipating a structured approach that will shape Odisha’s excise landscape for the next three years.