Business Standard

TASMAC, coops alone to retail trade IMFL in TN

Our Regional Bureau  |  Chennai 

 Private retail trade sources said that the move by the government would force them to down shutters by the end of November itself, resulting in losses running into lakhs of rupees.

 The state government in a release said that despite ensuring wholesale trade through TASMAC, private retailers have been indulging in malpractices in sale of IMFL.

 There have also been violations of maximum retail price by private retailers, the official release said.

 Since 2001-02, the government introduced the

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TASMAC, coops alone to retail trade IMFL in TN

The Tamil Nadu government has promulgated an ordinance amending the Tamil Nadu Prohibition Act, 1937, to enable the Tamil Nadu State Marketing Corporation (TASMAC) and co-operatives alone to undertake  Private retail trade sources said that the move by the government would force them to down shutters by the end of November itself, resulting in losses running into lakhs of rupees.

 The state government in a release said that despite ensuring wholesale trade through TASMAC, private retailers have been indulging in malpractices in sale of IMFL.

 There have also been violations of maximum retail price by private retailers, the official release said.

 Since 2001-02, the government introduced the
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