Liquor

Despite COVID Pandemic, TASMAC Alcohol Sales Surpass Rs 36,000 Mark in 2021-22

Despite COVID Pandemic, TASMAC Alcohol Sales Surpass Rs 36,000 Mark in 2021-22

Chennai, 26th April (UNI) Despite the COVID outbreak and the pandemic-induced lockdown, the sale of alcohol through the state government-owned Tamil Nadu State Marketing Corporation (TASMAC) has crossed the Rs 36,000 mark in the year 2021-22. Moving the grant application for his department to the State Legislative Assembly, Minister of Electricity, Prohibition and Excise V Senthilbalaji today said that the sales, which amounted to 33,133.24 crore rupees in 2019-20, increased slightly to reach 33,811.14 crore rupees in 2020-21. and it increased by more than Rs 2,500 crore to Rs 36,013.14 crore in 2021-22. The increase in revenue is also due to the recent price hike carried out by the state government. As a percentage, the sales margin could be slightly higher compared to previous years, as the sale of alcohol in 5,380 liquor retail stores and 3,240 bars attached to these retail stores was one of the main sources of revenue from the state government to fund its various welfare schemes. Senthilbalaji said the sale for the current financial year 2021-22 is Rs 36,013.14 crore. After the upward price revision, on average, daily sales were in the range of around Rs 100 crore and break through the Rs 105 to Rs 110 crore mark during weekends and festival seasons like New Year’s Eve. An, Pongal and Deepavali. Since TASMAC was granted the exclusive privilege of retailing foreign spirits made in India under Section 17-C(1-B)(a) of the Prohibition Act of Tamil Nadu, 1937 (Tamil Nadu X Act of 1937), from November Since 29th December 2003 by the then AIADMK government headed by Mrs. J Jayalaltihaa, there has been a significant increase in alcohol sales in the state of year after year, amid various political parties demanding the implementation of a total ban in the state, especially at election time. . From Rs 3,639.93 crore in 2003-2004, sales crossed the Rs 5,000 crore mark in 2005-06 at Rs 6,030.77 crore and surpassed the Rs 10,000 crore mark in 2008-09 at Rs 10,601.50 crore. Over the past ten years, sales have grown from nearly Rs 15,000 crore in 2010-11 to Rs 21,680.67 crore in 2012-13, breaking through the barrier of Rs 25,000 crore in 2015-16 at Rs 25,845 .58 crore. Over the past six years, revenue generated from alcohol sales amounted to Rs 26,995.25 crore, Rs 26,797.96 crore, Rs 31,157.83 crore, Rs 33,133.24 crore, Rs 33 811.14 crore and Rs 36,013.14 crore in 2016-17, 2017-18, 2018 2019-20, 2020-21 and 2021-22 respectively. UNI GV 1622