Leh, May 31 -- Lieutenant Governor Vinai Kumar Saxena has accorded approval to the New Excise Policy of Ladakh, which primarily aims at curbing the growing dependence on narcotics and drugs and giving people a wider choice of low alcoholic content liquor in the Ladakh region.

According to an official statement, the Excise policy seeks to optimise excise revenue in a transparent, accountable and regulated manner. The new Excise Policy also marks a significant reform in the excise regime of the Union Territory and introduces a liberalised, transparent and technology-enabled regulatory framework, aimed at balancing public convenience, tourism promotion, revenue optimisation and effective and efficient regulation of liquor trade.

The new po...