Excelsior Correspondent
JAMMU, Apr 10: Expressing doubts over the procedure involved in bidding process under the New Excise Policy, some aspiring entrepreneurs have alleged vital flaws in the new policy and appealed the Government to clear the ambiguities.
Talking to media persons, here today, these entrepreneurs particularly drew attention towards the ambiguity in securing No Objection Certificate (NOC) by the successful bidder from the respective Deputy Commissioner.
“So far the procedure of getting NOC has not been defined by the Government. The parameters required to secure NOC should be crystal clear and made public before the onset of e-bidding process,” they said, adding that it should not be the case that entrepreneurs spend money and later would not be able to get NOC.
The entrepreneurs sought clarification over the advance Minimum Guarantee Revenue (MGR) from the successful bidders for any particular shop.
“The successful bidder will have to pay MGR in advance that will run in several lakhs of rupees. Moreover the Government has also mentioned Minimum Retail Price (MRP) of liquor as well as quota for each shop, which is flawed,” they said, adding: “There is no explanation in the policy that whether this minimum liquor quota will be carried forward in next month or not and moreover in all those states across India, where ebidding system is in vogue, there is no MRP as well as quota system for liquor sale.”
They further said that if there is no such MRP as well as quota system across the country, then it is beyond comprehension as why both these flawed parameters have been included in New Excise Policy in J&K.
“We are newcomers in the wine trade and if the Government clarifies these confusions, including the formalities to secure NOC from respective DC, it would help the new entrepreneurs in entering this business,” they said.
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