They say banning shops and bars from selling drinks for less than the tax paid on them will cut crime and set a "base price" for the first time.
It works out at 38p for a can of weak lager and £10.71 for a litre of vodka.
Health campaigners say that is too low to have an impact, but the drinks industry described the proposals as a "pragmatic solution".
In their coalition agreement, the Conservatives and Lib Dems pledged: "We will ban the sale of alcohol below cost price."
Under government proposals the ban is on sales of alcohol below the rate of duty plus VAT, rather than including the cost of producing the drinks. > > > > Read More