Home ECONOMY New fee structure, more excise duty for Odisha liquor shops

New fee structure, more excise duty for Odisha liquor shops

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Odisha Sun Times Bureau
Bhubaneswar, Feb 28:

The Odisha Cabinet today gave its approval to the draft excise policy for 2015-16.

liquor shop

Henceforth the same rules will apply for beer parlours and foreign liquor on shops in the state, said sources.

As per the new licensing fee structure and guidelines for liquor shops in the state approved by the cabinet, the minimum guarantee quota will be separated from licensing fee for liquor shops. This means that the minimum guarantee quota will not increase in the event of a hike in licensing fees. The move is aimed at putting brakes on illegal trade of liquor.

The cabinet also approved a rise in the excise duty levied on the Odisha State Beverages Corporation (OSBC), the which will bring in an additional revenue of Rs 150 crore to the government annually.

In another decision taken by the Cabinet, the 266 liquor shops on government land, which had been cloased, can now participate in the e-auction of liquor vends.

Saturday’s Cabinet meeting decided to complete construction of five new medical colleges to come up at Puri, Baleswar, Baripada, Koraput and Balangir will be handed over to one company on a turnkey basis.

There will be no tenders floated for the construction work; instead agreements will be signed for the purpose. The Works department of the state government will, however, oversee it, official sources said.