Want to create an interactive transcript for this episode?
Podcast: In Focus by The Hindu
Episode: What was Delhi’s now-scrapped excise policy trying to do?
Description: In November 2021, the Delhi government rolled out a new excise policy. The new policy effectively took the government out of the liquor retailing business and handed it over to private players. But within a few months, it came under CBI scrutiny following allegations of favouritism and corruption. The Delhi government withdrew the policy and announced that from September 1, the state would revert to the old regime for a period of six months until a fresh policy is in place.The whole saga has thrown up interesting questions concerning public policy, regulatory principles, and public finance. For instance...