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Home » Rajasthan » Madness in Rajasthan as liquor store bid which started at Rs 72 lakh, ends at Rs 510 crore; excise department in shock

Madness in Rajasthan as liquor store bid which started at Rs 72 lakh, ends at Rs 510 crore; excise department in shock

Currently, the bidding is taking place for 7,665 liquor shops in the e-auction. A maximum of two liquor shops in a district and a maximum of five shops in the state can be allotted for those who make winning bids in the e-auction.

By Anukul Chauhan
Updated on :
Madness in Rajasthan as liquor store bid which started at Rs 72 lakh, ends at Rs 510 crore; excise department in shock

Liquor shops are currently going under auction in Rajasthan. Among these auctions, a liquor store was being bid for Khuiyan village in Hanumangarh district. The bid for this liquor store started at Rs 72 lakh and steadily increased to the point which created a huge stir in the auction house and now in all the state.

Two women from the same family were fighting for the possession of the liquor store that the bid, which started at 11 am, ended at Rs 510 crore at 2 pm, according to Aaj Tak.  

Ego or stupidity?

It is reported that the same liquor store in Khuiyan village was sold for just 65 lakh last year. This year, the liquor store bid was started at 72 lakhs. Two women from the same family in Khuiyan village sparked a spectacle over the purchase of the shop which ended at Rs 510 crore at 2 pm. After such a huge bid, the excise authorities are in complete shock. 

Madness in Rajasthan as liquor store bid which started at Rs 72 lakh, ends at Rs 510 crore; excise department in shock

The process after the auction has been initiated by excise department officials. Kiran Kanwar, a woman who bid Rs 510 crore, has been asked to deposit two percent of the shop’s total worth within two days. However, excise authorities are still not convinced of this bid.

As per the bid, the authorities have issued an allotment letter in favor of Kiran Kanwar. The department has also said that if the winner of the bid does not take the shop, they will be further blacklisted from the auction.

New bidding policy in Rajasthan 

Currently, the bidding is taking place for 7,665 liquor shops in the e-auction.

A maximum of two liquor shops in a district and a maximum of five shops in the state can be allotted for those who make winning bids in the e-auction.

The aspirants will have to deposit application fees between ₹40,000 to ₹2 lakh depending on the reserve price of liquor shops which is between ₹50 lakh to ₹2 Crores.

The Rajasthan government for the first time has also allowed the establishment of micro-breweries in the state.

“Micro-breweries exist in states like UP, Maharashtra, Karnataka, Haryana, and Delhi so Rajasthan has also decided to allow setting up of such micro-breweries in the hotels in the state for providing fresh beer to the people, particularly tourists since Rajasthan is a tourist destination and there was a demand for it,” Additional excise commissioner (policy), CR Desai said.

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