Pb might issue tenders for its booze stores.

Punjab government is considering allotting liquor vending machines via a tender system . The government is hoping to take up extra revenue from the proposed excise scheme .

Chandigarh: In order to generate additional revenue, the Punjab government is considering allotting liquor vending machines via a tender system, but traders are still in favour of a continuation of lot draw.The cash strapped government is hoping to take up extra revenue from the proposed excise scheme, which is due to be announced shortly.The department of excise and taxation is currently reviewing feedback from existing liquor retail customers and discerning their needs before deciding on the excise scheme for the year 2022-23.According to reports, the excise department has proposed the option of implementing the bid system, which the traders have argued is unnecessary, since it will raise the overall cost of the transaction, making it less profitable.

The government allocated vends to lots until 2019-20, and it gave extensions to liquor merchants in the last two years, giving them a 12% discount over the set minimum guaranteed income.The government also wants to raise the reserve price and license fee of liquor vending machines.There is also a proposal to expand the company's total size to Rs 20 crore by bringing 7 to ten vends.