This is an archive article published on June 18, 2022
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Under contractors’ pressure, Punjab may amend liquor policy

The government, it is learnt, has decided to agree to the contractors' demands. These demands are the bone of contention between the contractors and the government.

Punjab: CM Bhagwant Mann assures uninterrupted power for paddy seasonPunjab CM Bhagwant Mann (File Photo)
Written by: Kanchan Vasdev
3 min readChandigarhJun 18, 2022 04:44 AM IST First published on: Jun 18, 2022 at 04:44 AM IST

After getting a lukewarm response from liquor contractors on Thursday as only 14 groups of liquor vends attracted bids out of 64, the Punjab government has decided to make amendments to the liquor policy rolled out a few days ago.

The government, it is learnt, has decided to agree to the contractors’ demands. These demands are the bone of contention between the contractors and the government.

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The contractors demand that the security deposits against contracts should be 10 per cent as earlier. However, the government had raised the security deposit to 17 per cent this year. But the contractors were protesting stating that the government was asking them to slash the prices of beer and Indian made foreign liquor (IMFL) by at least 25 per cent. They said this was not possible because if a group was taken at the base price then they would have to pay at least Rs 5 crore as security.

Kanchan Vasdev is a Senior Assistant Editor in The Indian Express’... Read More

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