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Delhi liquor policy blunder? CAG report points to Rs 2,000 crore loss

Business Standard LogoBusiness Standard5h ago

Delhi liquor policy blunder? CAG report points to Rs 2,000 crore loss - Business Standard

Quick Summary:

The report also flagged an irregular waiver of Rs 144 crore granted to licence holders, citing Covid-19 restrictions, a decision personally approved by Manish Sisodia despite finance department objections.

Additionally, the Excise Department lost Rs 890.15 crore due to surrender of licences and the department’s failure to re-tender liquor zones.

The report, one of 14 performance reviews of the previous Aam Aadmi Party (AAP) government, highlighted serious policy lapses, procedural violations, and ignored expert recommendations.


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Category: BusinessFinance

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Article Type: News Report

Published On: 2025-02-25 @ 12:41:11 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 19 lines

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Copyright Owner: © Business Standard

News ID: 26425444

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