
The End of Happy Hours: Un-Liberalisation of Delhi's Excise Policy
All Things Policy
00:00
Do You Guys Have Any Other Thoughts on This?
In my homestad, rajastan, they've also liberalized this policy. The number of stores have drastically increased. But there is a catch. A lot of these tenders were sold for very high amount with their reserve base price. Now they are not coming for anew because it's not financially viable. And what the government is asking them is to renew them on the base price which they bid for. So i think there are teething issues which will come through and most governments will try to figure out a way.
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