Mumbai: Voicing his
opinion against prohibition and beef ban in the country, Adi Godrej, chairman
of the Godrej Group has said that these government policies hurt the economy.
Godrej said that
these policies are affecting growth. Godrej is the first leading voice from
India Inc to speak out against beef ban and prohibition and point out its
adverse impact on the economy. His warning comes at a time when the government
at the Centre is set to complete two years in office, and several states seek
to strictly implement beef ban and push for prohibition close to assembly
elections.
Asserting his views
on beef ban Godrej said: “Clearly affecting agriculture, affecting rural
growth. Because what do you do with all these extra cows? It is also affecting
business, because this was a good source of income for many farmers. So that’s
a negative”.
Stating that India
will remain the fastest growing economy in the world, Godrej further criticized
prohibition or alcohol ban in states like Bihar and Kerala.
“Prohibition is bad
for the economy. It’s bad for social structure, for drinking doesn’t reduce. It
gives rise to bad liquor, and then mafia,” he told the Indian Express.
As per a recent
report, the Ballia district of Uttar Pradesh has witnessed a record growth in
liquor sale following prohibition in neighboring Bihar
The Bharauli area of
the district, which is on Bihar border, has witnessed steep rise in sale of
English liquor by 312 percent, 25 percent rise in beer and four percent rise in
country liquor, he said.
The state government
has also increased the revenue target for the district this fiscal from Rs 127
crore to Rs 139.6 crore.
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