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Tuesday, May 28, 2024
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Delhi Stares At Liquor Shortage As Private Vends Shut For 45 Days

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The national capital has received 215 bids for retail vends in 32 zones across the city. Delhi government has garnered Rs 8900 crore through this bidding process.

The national capital is running low on alcohol after privately-owned liquor vends in the city were shut on October 1 for 45 days. The closure comes as a result of a change in excise policy that was announced in July.

Under its new excise policy, the Delhi government has allocated fresh licences to private firms for 850 shops that will enter the retail business from November 17. In view of this, all the private liquor vends were directed to shut shop by September 30. In the transition period of nearly one-and-half months, only government-run liquor vends will remain open.

The Excise Department has also prepared to check the possibility of illicit liquor entering the city from neighbouring states due to the closure of private shops.

On October 6, the Delhi government invited applications from hotels, clubs, motels, bars and restaurants for serving liquor in their premises.

CNBC-TV18’s Timsy Jaipuria reports that the national capital has received 215 bids for retail vends in 32 zones across the city. Delhi government has garnered Rs 8900 crore through this bidding process.

(Edited by : Aditi Gautam)

The above news was originally posted on www.cnbctv18.com

Aabkari Times Editorial Teamhttps://aabkaritimes.com
Aabkari Times is a monthly news magazine on Liquor, Excise and Alcohol allied industry; being published since 2009 by the expertise of retired excise dept. associates and alco-bev industry professionals as our editorial team. Our magazine contains different new alco-bev strategic and new brand launch articles as well as news on recent govt. policies, trends on alcohol industry and other important data relevant to the distilleries and industry at the mass.

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