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e-auction of liquor shops fetches Rs 140 cr to Govt, up 14 times
e-auction of liquor shops fetches Rs 140 cr to Govt, up 14 times
e 20 existing licensees retain shops
Sanjeev Pargal
JAMMU, Apr 19: In a major revenue booster for the Jammu and Kashmir Government, e-auction of 228 liquor shops in the Union Territory today fetched Rs 140 crore for one year as against just Rs 10 crore earlier as two vends were auctioned for more than Rs three crore, five at above Rs two crore, 34 beyond Rs one crore and 51 crossed Rs 50 lakh.
“There has been 14 times increase in revenue to the Jammu and Kashmir Government from e-auction of liquor vends and the amount will be used for development purposes,” official sources told the Excelsior.