MP Cabinet Approves Excise Policy

The Madhya Pradesh Cabinet has taken a significant decision by approving the excise policy for the financial year 2026-27. As per the new policy, the ban on opening new liquor shops in the state will continue. This move is expected to have a significant impact on the liquor trade in Madhya Pradesh. The excise policy is a crucial aspect of the state's revenue generation, and the cabinet's decision will have far-reaching implications. The policy aims to strike a balance between revenue generation and social responsibility.