Related News

NEW DELHI: NASA’s Psyche spacecraft has pulled off a dramatic flyby of Mars, capturing striking close-up views of the Red Planet, including the massive Huygens Crater, as it slingshots deeper

For a long time, scientists believed that only amphibians like salamanders could regrow complex limbs. But then came some groundbreaking findings from Texas A&M University. Researchers there discovered that mammals

NASA’s Jet Propulsion Laboratory recently reached a significant achievement in space travel technology. They successfully tested a lithium-fed magnetoplasmadynamic (MPD) thruster, establishing a domestic power milestone for power output in

While staying at the Imperial Hotel in Tokyo during a lecture tour, Albert Einstein found himself in an awkward situation. A hotel bellboy had delivered a message to his room,

Have you ever wondered why rockets eventually tilt themselves after launch? Most people assume a rocket’s goal is to fly as high as possible, but ‘up’ is only the first

The Sombrero galaxy and its glowing halo of stars have never looked this good. The US National Science Foundation’s NOIRLab released the latest photo of the popular hat-shaped galaxy on

Trending News

In today’s digital age, the opportunity to make money online without any initial investment is more accessible than ever before. Whether you’re a student looking to earn some pocket money,

In today’s digital world, make money online has become a dream many want to turn into reality. Whether you’re looking for a side hustle or aiming to build a full-time

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Liquor Policy Caused Rs 2,002-Crore Loss To Delhi Government: CAG Report

Word Count: 310 | Estimated Reading Time: 2 minutes




New Delhi:

Pointing to a string of wrong decisions and omissions, a report by the Comptroller and Auditor General (CAG) tabled in the Delhi Assembly on Tuesday states that the scrapped liquor policy which was implemented in November 2021 and scrapped in September the next year caused a loss of Rs 2,002.68 crore to the Delhi government. 

The liquor policy was an albatross around the neck of the previous AAP government and had led to several of its leaders, including then chief minister Arvind Kejriwal and deputy chief minister Manish Sisodia, landing behind bars. The corruption allegations surrounding the policy are also seen as having played a key role in the AAP being defeated in this month’s Assembly elections and the BJP forming a government in Delhi after a gap of 26 years. 

The report, which was tabled amid a huge uproar in the Assembly – which also saw 15 AAP MLAs being suspended – divides the losses into various subheads. It states that the biggest chunk of the loss, Rs 941.53 crore, was because liquor shops were not allowed to open in non-conforming areas – those that do not conform to land use norms for opening liquor vends – under the new policy. 

The next big loss amount of Rs 890.15 crore was because of tenders not being issued for 19 zones where licences had been surrendered. “Consequently, no excise revenue accrued as licence fee from these zones in the months after surrender. Notably, no other contingent arrangement was put in place to continue liquor retail in these zones,” the report states.

The report also said that a loss of revenue of Rs 144 was caused because of fees being waived to licensees in the name of Covid-19 and Rs 27 crore because of the “incorrect collection” of security deposit from zonal licensees. The figures under these four subheads add up to Rs 2,002.68 crore.




Source link

Most Popular Articles