Other States - Haryana   

New Excise Policy evokes good response

CHANDIGARH: Haryana’s new Excise Policy for 2008-09 has evoked an overwhelming response for allotment of vends. As many as 76,000 application forms netting about Rs.38 crore have been sold compared to 53,000 last year, said a spokesman of the Excise and Taxation Department on Thursday.

Also, applications for allotment of about 90 per cent of the total vends have been received in the first draw of lots generating a licence fee of about Rs.860 crore, he added. On the other hand, during last year, only 75 per cent of the vends were sold at first go.

The spokesman said the new excise policy is geared towards breaking of monopolies and liquor cartel and making available good quality liquor at an affordable price. Initiatives taken by the Government had made investment in liquor vends more profitable and the Department is hopeful that the remaining vends would be allotted before March 31.

Printer friendly page  
Send this article to Friends by E-Mail

Stories in this Section

Hooda praises Judiciary, Executive for joining hands
Chander Mohan bereaved
New Excise Policy evokes good response

Copyright © 2008, The Hindu. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu