India, Nov. 1 -- In a move aimed at enhancing the liquor retail experience in Delhi, draft proposals for a new excise policy suggest larger and upgraded liquor stores, alongside increased per-bottle margins for retailers. According to official sources, the draft, championed by Public Works Department Minister Parvesh Verma, is nearing completion. A meeting of the committee was scheduled on Friday, but was postponed.

"There is a proposal to continuing the present retail structure in which four corporations of the Delhi government run liquor vends in the city, and there would not be any private players," sources said.

He said the new policy may propose to raise the per-bottle margin from the extant Rs 50 for Indian Made Foreign Liquor (IMFL...