Tamil Nadu to close 500 Tasmac shops this year
The Hindu
Tamil Nadu will close 500 retail shops run by Tasmac this year, Minister for Electricity, Prohibition and Excise V. Senthilbalaji announced in the Assembly
Tamil Nadu will close down 500 retail shops run by the Tamil Nadu State Marketing Corporation Limited (Tasmac) this year, Minister for Electricity, Prohibition and Excise V. Senthilbalaji announced in the Assembly on Wednesday.
In his reply to the discussion on the demands for grants for his departments, the Minister said he was making this "historic" announcement as instructed by Chief Minister M.K Stalin.
This will be the third time such a large number of Tasmac shops will be closed down. Both major parties — AIADMK and DMK — had promised closure of Tasmac shops ahead of the 2016 and 2021 Assembly elections.
Late Chief Minister Jayalalithaa announced the closure of 500 shops when she returned to power in 2016. AIADMK general secretary Edappadi K. Palaniswami announced the closure of another 500 shops when he became the Chief Minister in 2017.
Since the DMK came to power in 2021, there have been demands from many political parties and members of the civil society to reduce the number of shops as the party had promised.
The 500 shops to be identified and closed will account for roughly 10% of the 5,329 retail shops run by Tasmac.
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