RANCHI: After failing to achieve the desired results and the revenue generation targets this fiscal year post implementation of its new excise policy, the excise department has decided to replace its manpower (placement) agencies next month.

Earlier this week, it issued tender for the private agencies to apply for manning the retail liquor shops. The bids will open on April 6, as per the tender notice.

The retail liquor outfits, however, criticised the move and have demanded the government to restore the old system of liquor trade.

As per the new policy, the state government took over the trade and claimed that the move was aimed at regulating prices, plugging leakages, and increasing revenues. The policy was based on the recommendations of Chhattisgarh State Marketing Corporation Limited.

Earlier, liquor sale was privatised and shops were allotted through lottery.

The new system has failed to provide the desired results in terms of revenue generation. Hence, the department was forced to trim its revenue target in the ongoing fiscal year toRs 2,050 crore, down from Rs 2,300 crore fixed earlier.

Sources said the state has crossed Rs 1,800 crore target only. Jharkhand Sharab Vyapari Sangh secretary Subodh Kumar Jaiswal said, “The government must stop experimenting with liquor trade and return to the old system in the interest of scores of retail traders and those associated with it for livelihood

The above news was originally posted on news.google.com