Bihar spending more on food, clothes
Two years after a complete liquor ban was imposed in Bihar, two separate studies claimed that spending on food items and clothes has seen a sharp rise in the Nitish Kumar-led state. The Bihar government mandated the studies saying it wanted to gauge the impact of the ban imposed in April 2016.
Can’t get enough of sarees?
In one the of studies conducted by the think-tank Asian Development Research Institute (ADRI), it was found that the sale of of expensive sarees rose by 1,751 per cent. The same study said the sale of expensive dress materials rose by 910 per cent.
Full plate, please?
The second study was conducted by a government-funded education institute- Development Management Institute (DMI). According to this study, data collected from 5 districts showed increased spending on food at Rs 1,331 per week, from Rs 1,005 earlier.
Let the people know your business journey
Consumption of cheese and honey was also found to be phenomenally higher, according to ADRI’s findings. As for cheese, intake in the state rose by 200 percent. Whereas for honey, consumption rose by 380 percent.
How much was saved?
Bihar, which was back in 2016 considered to be a brewery hub, ended up saving Rs 440 crore a month, which eventually translates to Rs 5,280 crore every year, when compared to consumption levels during 2011.
Family assets expand
Around 19 percent of households acquired new assets from the money that was earlier spent on liquor, claimed both studies.
Source by economictimesShare: