All private liquor shops are set to wind up their business by September 30 according to the Delhi government. Also sufficient stock should be maintained in these state-run alcohol shops to deal with the shortages.
From October 1, 40% of private liquor shops in Delhi will be closed due to the implementation of the new excise policy.
Delhi Government’s New Liquor Policy Will Shut Private Liquor Shops!
Around 260 privately-run liquor vends in the city will close on September 30 as a result of the New Excise Policy. Only those operated by Delhi government agencies would continue retail sales till November 16th, out of a total of roughly 850 liquor stores in the city.
From November 17, new players that won licences through open bidding will enter the market and run the 850 vends.
What Is The New Excise Policy?
There are already 26 municpal ward in delhi where liquor shops will be banned after September 30!
Also as per the report, 80 wards already have no liquor shops.
Delhi government has divided the city into 32 zones and each zone is further divided into 8-10 wards will have around 27 vends under this excise policy.
This policy will help the retailers to be independent on the selling prices in a competitive environment, rather than an MRP being mandated by the government.
Now at present with the new excise policy, government aims to keep the total number of vends intact, reshuffling them into 32 zones to ensure a more equitable distribution across 272 municipal wards in the city, the New Delhi Municipal Council (NDMC) area and the airport.
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