AS the new excise regime came into effect on Wednesday, preparations were still going on in most of the retail liquor vends, which are yet to operate on a full scale. Many customers had to return empty-handed and liquor vend owners said these are initial hiccups.
Under the new policy, 850 retail vends will come up across the city. But only about 350 have been issued provisional licenses to procure stock and start a business. With the new policy in place, the Delhi government, which used to run at least 60% of retail liquor stores in the city, has quit the business. Liquor business in the capital will now be run completely by private players. This is good news for liquor retailers as well as restaurants, bars, and hotels, who can fix the price instead of having to sell it on MRP mandated by the government.
This story is from the November 18, 2021 edition of The Morning Standard.
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This story is from the November 18, 2021 edition of The Morning Standard.
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