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The Times of India
The Times of India
National
Atul Mathur | TNN

Losses force 175 liquor shops in Delhi to fold up

NEW DELHI: Liquor dealers have sought to shut shop in nine of the 32 zones in the capital, excise officials said, with insiders citing huge losses on the back of discounts offered by big players and competition in the zones. The excise website list shows just 464 shops left in Delhi, reports Atul Mathur. Under the 2021-22 excise policy, licences were given to 849 shops and only 639 opened till May; many have decided to surrender licences.

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