TASMAC New Year sales see no spike, local body polls restrict sales

The revenue this year was ₹242 crore against ₹243 crore in 2018, data shows

January 02, 2020 01:41 pm | Updated 05:28 pm IST - CHENNAI

Sales on two days – December 30 and 31 -- were somewhat flat, compared to last year, possibly due to the local body polls

Sales on two days – December 30 and 31 -- were somewhat flat, compared to last year, possibly due to the local body polls

The Tamil Nadu State Marketing Corporation Limited, popularly known as Tasmac, sold liquor worth ₹150 crore on New Year’s eve. A day before that, on December 30, when polling was held in some rural local bodies, the State-run liquor market clocked sales of ₹92 crore.

In 2018, the State-run liquor market saw its sales numbers touch ₹130 crore on December 31. On December 30, the sales figure had stood at ₹113 crore.

A source in Tasmac said that sales on two days – December 30 and 31 -- were somewhat flat, compared to last year. “The reason is, it was a dry day in many parts of Tamil Nadu due to the local body polls. Shops in areas which went to polls opened late in the evening only.”

A look at the cumulative data for December 30 and December 31 shows that the revenue this year was ₹242 crore against ₹243 crore in 2018. A year before that, in 2017 the revenue had been ₹230.52 crore.

The cash cow of the Tamil Nadu government, on an average, sells liquor worth ₹70-75 crore on weekdays and during weekends the collection goes up to ₹90 crore. During key festive seasons which include Deepavali and New Year, the sales figures generally cross the ₹100 crore mark.

Currently, the State has 5,152 liquor retail vending shops and 1,872 bars. For the year 2018-19 the government earned revenues to the tune of ₹31, 157 crore through Tasmac.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.