The Punjab government has decided to slash liquor prices from April 1, when the policy takes effect. The move is seen as an effort to bring rates on a par with those in the state capital, Chandigarh, where in case of some brands the prices were almost half. Chandigarh has decided to increase rates.
Top officials in the excise and taxation department said they had managed to break the monopoly that existed in the trade.
In what the government claims is a success of its new excise policy, over 40,000 applications were received for 800 groups of liquor vends. Last year, the number of groups was only 87. By the time of the filing of this report, 760 groups had been finalised, with the draw of lots in progress for the remaining 40 groups. The cost of each group has been fixed at Rs 5 crore against the existing cost of Rs 40 crore.
Ex-SAD MLA’s firms bag 35 of 36 zones in Bathinda
Bathinda Firms owned or related to former SAD MLA Deep Malhotra bagged liquor trade of 35 out of 36 zones in Bathinda district. The government will earn a revenue of Rs 191 crore. There will be 345 vends of countrymade liquor and 107 vends of countrymade foreign liquor in the district. The number of applications received were 3,474.