Tasmac shops record sale of ₹171 crore on Saturday

Tasmac shops record sale of ₹171 crore on Saturday

TIMES NEWS NETWORK

Chennai:  06.07.2020

Tasmac wine shops across Tamil Nadu witnessed a spike in sale recording revenue to the tune of ₹171 crore on Saturday, after the state government announced complete lockdown on all Sundays to contain the spread of coronavirus. The liquor outlets had an additional business of ₹25 crore when compared with sale during weekends as Tasmac wine shops are closed on all Sundays this month in view of the complete lockdown.

According to Tasmac sources, Madurai region topped the sale in the state with revenue of around ₹41 crore, followed by Tiruchirappalli region comprising liquor outlets in central districts that witnessed the second highest sale of nearly Rs 39 crore.

While the western regions of Salem and Coimbatore accounted for ₹38 crore and Rs 35 crore respectively, the Chennai region comprising shops in Chengalpet, Kancheepuram and Tiruvallur districts had sale to the tune of ₹20 crore. The sale in Chennai region, which is operating with nearly 150 shops in three neighbouring districts, doubled when compared with weekdays. Tamil Nadu has , 4,500 Tasmac wine shops.

“The value of sale will increase during the next three Saturdays as 70 more Tasmac wine shops would be reopened in Chengalpet, Kancheepuram and Tiruvallur districts from Monday,” a Tasmac source said.

The 70 liquor outlets that would be reopened on Monday had remained shut since June 19 when the intense lockdown came into effect.

However, shutting down Tasmac wine shops on all Sundays will cause revenue loss to the state owned marketing corporation. Had the liquor outlets been operating, alcohol sale would have generated revenue to the tune of ₹400 crore.

“We will incur losses for three Sundays, which is usually ₹135 crore on each Sunday, since the excess sale on Saturdays will compensate the income for one Sunday,” the Tasmac source said.

Tasmac is a cash cow for the state government that has generated revenue of more than ₹30,000 crore during the last two financial years.

According to Tasmac sources, Madurai region topped the sale in the state with revenue of around ₹41 crore