After repeated tenders, Indore excise department auctioned 175 shops including country made and foreign liquor for Rs 765 crores till March 31, 2021. The contract was taken by two groups Maa Kasturi Enterprises and Mahakal liquor contractor.
Due to the lockdown curfew the previous contract could not start practically from April 1, 2020 and hence the liquor contractor surrendered the old contract of rs 1165 crores.
Hence the excise department itself ran the liquor shops and also have to give the contract on weekly basis meanwhile the process of tender was continuously on.
Hence the Indore excise commissioner Rajeev Dubey allowed the contractors according to the value of contract decided by the government which is 765 crore.
The contract of group A is given to Maa Kasturi enterprises for approx rs 421 crore and group B contract is given to Mahakal liquor contractor for rs 145 crore 45 lakh approx. before this also the excise department has invited online tender and tried to auction to all 64 groups but it was not fruitful and now the two groups finally took this contract.
Indore Assistant Commissioner Excise Rajnarayan Soni told The Pioneer that in the previous year the reserve prize for remaining 271 days was rs 685 crore but against this present year rs 765 crores is achieved by the excise department for remaining 271 days which is 11.5 percent more than the previous year. Both the contractor deposited their fees and all the 175 shops have been handed over to them till 31 March 2021.