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Tough act today for group on liquor.

Asia Africa Intelligence Wire

| January 31, 2003 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Business Line)

NEW DELHI, Jan. 30. IT will be a tightrope walk for the Joint Working Group (JWG) on alcoholic beverages - as it tries to strike a balance between the Centre and States on the issue of revenue-sharing. It has also to cobble an import tariff to recommend to the Union Finance Ministry - a contentious issue that divides the domestic and MNC liquor lobbies.

The JWG group, set up by the Ministry of Food Processing Industries (MoFPI), will in its meeting on Friday take up issues regarding the optimum import tariff, revenue and the collection mechanism, the Ministry top brass told Business Line. "Liquor has been a milch-cow, given that it …

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