TASMAC
IMFL) vending | |
Founded | 1983 |
---|---|
Founder | M. G. Ramachandran |
Headquarters | CMDA Tower-II, IV Floor, Gandhi Irwin Bridge Road, Egmore, Chennai-600008, Tamil Nadu, India |
Key people | S. Muthusamy, Minister for Prohibition and Excise Department |
₹ 33,811 Crore in 2021 Source Fin express | |
Total assets | 5402 Retail Outlets[1] |
Number of employees | 29,297[1] |
Website | http://tasmac.co.in/ |
The Tamil Nadu State Marketing Corporation (TASMAC) is a company owned by the
History
TASMAC was established in 1983 by then Chief Minister M. G. Ramachandran.
Organisation
TASMAC is wholly owned by the government of Tamil Nadu, coming under the purview of the Ministry of Prohibition and Excise. Its headquarters is situated at the
Impact
The reorganisation of retail alcohol trade in the state has brought record revenues for the government allowing it to increase spending on welfare schemes. While consumption of alcohol has increased among the population, deaths due to consumption of contaminated illicit liquor (common during the prohibition era) have gone down.
Growth
Since the take over by the government, TASMAC has seen an annual revenue of growth of around 20 percent every year. The turnover in 1983 (the year of incorporation) was ₹183 crores. In 2002–03 before the take over of retail vending, the turnover was ₹3,499.75 crores, out of which the government got a tax revenue of ₹2,828.09 crores. After the take over of retail vending, the tax revenue shot up to ₹3,639 crores in the financial year 2003–04. The tax revenue has two components –
Fiscal Year | Revenue in Crores (₹) | % Change |
---|---|---|
2002–03 | 2,828.09 |
|
2003–04 | 3,639 |
|
2004–05 | 4,872 |
|
2005–06 | 6,086.95 |
|
2006–07 | 7,300 |
|
2007–08 | 8,822 |
|
2008–09 | 10,601.5 |
|
2009–10 | 12,491 |
|
2010–11 | 14,965.42 |
|
2011–12 | 18,081.16 |
|
2012–13 | 21,680.67 |
|
2013–14 | 23,401 |
|
2014–15 | 26,188 |
|
2015–16 | 25,845.58 |
|
2016–17 | 26,995.25 |
|
2017–18 | 26,797.96 |
|
2018–19 | 31,157.83 |
See also
References
- ^ a b c d "Staff fleece tipplers of Rs 5,000 cr at Tasmac". Deccan Chronicle. Retrieved 4 June 2010.
- ^ "Home: TASMAC". tasmac.co.in. Retrieved 12 February 2024.
- ^ a b Subramanian, T. S. "Deadly concoctions". Frontline. Archived from the original on 12 June 2002. Retrieved 4 June 2010.
{{cite web}}
: CS1 maint: unfit URL (link) - ^ a b Anand, S. "Rotgut Blues". Outlook. Retrieved 4 June 2010.
- ^ "TASMAC, coops alone to retail trade IMFL in TN". Business Standard. 28 October 2003. Retrieved 4 June 2010.
- ^ a b Ramesh, Niranjana (9 June 2009). "Politics influences DMK on disinvestment in central PSUs". The Economic Times. Retrieved 4 June 2010.
- ^ Nambath, Suresh. "A dangerous mix". The Hindu. Archived from the original on 31 October 2004. Retrieved 4 June 2010.
{{cite web}}
: CS1 maint: unfit URL (link) - ^ Reddy, Ajay. "Elixir to the elite?". The New Indian Express. Archived from the original on 17 May 2014. Retrieved 4 June 2010.
- ^ "TASMAC Organisation chart". Govt of Tamil Nadu. Retrieved 4 June 2010.
- ^ "TASMAC outlets to down shutters on March 17". The New Indian Express. Archived from the original on 17 May 2014. Retrieved 4 June 2010.
- ^ "Tasmac told to pay 42 staff Rs 2.29L overtime wages". The Times of India. 29 October 2009. Archived from the original on 11 August 2011. Retrieved 4 June 2010.
- ^ "Rs 20 crore loss for state after Tasmac staff strike". Deccan Chronicle. Retrieved 4 June 2010.
- ^ "Tasmac strike fizzles out in state". Deccan Chronicle. 12 August 2010. Retrieved 19 August 2010.
- ^ "Salary of TASMAC staff hiked". The New Indian Express. 18 August 2010. Archived from the original on 17 May 2014. Retrieved 19 August 2010.
- ^ "TN alcohol revenues up 20%". Business Line. Retrieved 4 June 2010.
- ^ "60 pc increase in alcohol consumption among youths". The Hindu. Chennai, India. 11 January 2009. Retrieved 4 June 2010.
- ^ a b Sivan, Jayaraj (30 April 2009). "Tipplers in TN cough up much more than retail price – Rs 500 cr a year". The Times of India. Archived from the original on 11 August 2011. Retrieved 4 June 2010.
- ^ "TASMAC outlets nearby keep residents spiritless". The Hindu. Chennai, India. 15 October 2007. Archived from the original on 15 October 2007. Retrieved 4 June 2010.
- ^ "Govt urged to detach bars from TASMAC shops". The New Indian Express. Archived from the original on 4 March 2016. Retrieved 4 June 2010.
- ^ "48 bottles of adulterated liquor seized from TASMAC outlet, 4 suspended". The Times of India. 29 November 2009. Archived from the original on 11 August 2011. Retrieved 4 June 2010.
- ^ "For A Foster's Or Two". Outlook. Retrieved 4 June 2010.
- ^ Kumar, B Aravind (3 June 2008). "Beer guzzling in TN up by 22%". The Times of India. Archived from the original on 11 August 2011. Retrieved 4 June 2010.
- ^ "Revenue from liquor sale grows significantly". The Hindu. Chennai, India. 26 April 2007. Archived from the original on 2 June 2007. Retrieved 4 June 2010.
- ^ "TASMAC finalises list of licensees for 221 wine shops". The Hindu. Chennai, India. 25 May 2010. Archived from the original on 28 May 2010. Retrieved 4 June 2010.
- ^ "Consumption of liquor rises in TN". The Times of India. 10 May 2008. Archived from the original on 11 August 2011. Retrieved 4 June 2010.
- ^ "Excise, sales tax from liquor trade yield Rs.15,000 crore". The Hindu. Chennai, India. 8 September 2011. Retrieved 10 October 2011.
- ^ "Tamil Nadu's liquor revenue rises to Rs 18K cr". The Times of India. 27 April 2012. Archived from the original on 3 January 2013. Retrieved 31 October 2012.
- ^ "Tamil Nadu earns revenue of over Rs 21,680 crore from liquor sale". Economic Times. 14 May 2013. Retrieved 30 September 2013.
- ^ "TASMAC to Net Additional Rs 3,000 Crore". The New Indian Express. 14 February 2013. Archived from the original on 4 December 2014. Retrieved 19 October 2014.
- ^ "TASMAC to Net Additional Rs 3,000 Crore". Business Standard. 25 March 2015. Retrieved 12 December 2015.
- ^ "3,321 TASMAC outlets closed in Tamil Nadu following SC order: Govt". Hindustan Times. 19 June 2017. Retrieved 8 May 2020.
- ISSN 0971-751X.