‘New excise policy to take revenue up to ₹10K crore’
The Hindu
Govt. has already earned ₹5,300 cr.
Terming it a “smashing success”, the Delhi government on Friday claimed its recently-announced excise policy had broken all estimates and targets of revenue generation from the bidding process and is set to take excise revenue figures up to ₹10,000 crore. According to the government, it has already earned around ₹5,300 crore in the initial rounds where licenses in 20 zones were awarded. A zone-wise revenue of around ₹265 crore is further expected to be received from the bidding of the remaining 12 zones.
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