You are here: Home » PTI Stories » National » News
Business Standard

3,321 TASMAC outlets closed in TN following SC order: Govt

Press Trust of India  |  Chennai 

: has closed over 3,000 shops located on the State selling following the Supreme order,the was informed today.

As per the orders of the Supreme Court, 3,321 State Marketing Corporation (TASMAC) retail vending shops have been closed as of April 1, 2017, Minister for Electricity P Thangamani said.

The while relocating the shops, also ensured that the location was as per the norms laid down in the order of the Supreme

"Wherever reasonable objections are raised by public, they are also taken into consideration before taking a decision on relocation of shops", he informed the

On March 31 this year, the apex had ruled that vends within 500 metres of national and state will have to shut down, while exempting hill states of Sikkim, and and areas having a population of upto 20,000.

Referring to garnered by TASMAC,considered one of the major sources of income to the government, the minister said from sales for the year 2016-17 was at Rs 26,995.25 crore, including reduction in excise and increase in VAT.

For the year 2015-16, the stood at Rs 25,845.58 crore, the policy note said.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, June 19 2017. 19:32 IST