India, Nov. 1 -- The Delhi government's upcoming excise policy may soon bring sweeping changes to how liquor is retailed in the city with proposals for larger, better-designed government-run stores and higher profit margins for retailers. The draft policy, currently in its final stages, is being prepared by a committee chaired by Public Works Department (PWD) Minister Parvesh Verma, and is likely to be finalised after a meeting on Monday.

According to senior officials, the draft proposes the continuation of the existing retail model, where four government corporations manage liquor sales, effectively ruling out a return of private players that had been proposed in the now-scrapped liquor policy floated by the previous government.

"The p...