HomeFull FormTASMAC Full Form – Tamil Nadu State Marketing Corporation

TASMAC Full Form – Tamil Nadu State Marketing Corporation

TASMAC Full Form: Tamil Nadu State Marketing Corporation, better known as TASMAC, is a significant entity in the state’s landscape. In this blog, we’ll delve into the basics of TASMAC, its history, ownership, revenue generation, and the notable individuals on its Board of Directors.

    Fill Out the Form for Expert Academic Guidance!



    +91


    Live ClassesBooksTest SeriesSelf Learning




    Verify OTP Code (required)

    I agree to the terms and conditions and privacy policy.

    What is TASMAC?

    Tamil Nadu State Marketing Corporation, more commonly known as TASMAC, is a vital government-owned entity in the state of Tamil Nadu, India. TASMAC’s primary responsibility is to manage the wholesale and retail sale of alcoholic beverages within the state. Established in 1983 under the Tamil Nadu Prohibition Act, TASMAC plays a crucial role in regulating and controlling the distribution of alcohol, with the aim of curbing the illegal liquor trade, ensuring responsible consumption, and generating substantial revenue for the state’s developmental projects and welfare initiatives. TASMAC operates under the ownership and governance of the Government of Tamil Nadu, adhering to strict regulations to fulfill its multifaceted role in the state’s economy and society.

    TASMAC History

    TASMAC, the Tamil Nadu State Marketing Corporation, has a history that dates back to its establishment in 1983. It was created under the Tamil Nadu Prohibition Act with a specific mission in mind. The government of Tamil Nadu recognized the need to regulate the sale of alcoholic beverages, curb the flourishing illicit liquor trade, and generate revenue for the state’s welfare programs.

    With its inception, TASMAC embarked on a journey to transform the alcohol distribution landscape in Tamil Nadu. By establishing a regulated and controlled system for the sale of alcohol, it aimed to improve public safety and minimize the harmful effects of alcohol consumption.

    Over the years, TASMAC has evolved and adapted to the changing needs and demands of the state. Its history is marked by a commitment to responsible alcohol distribution, revenue generation, and adherence to stringent regulations. TASMAC’s role in Tamil Nadu’s socio-economic landscape remains significant, making it a pivotal entity in the state’s history and governance.

    TASMAC Full Form

    TASMAC’s full form is “Tamil Nadu State Marketing Corporation.” It serves as the state’s primary agency responsible for regulating and managing the wholesale and retail distribution of alcoholic beverages in Tamil Nadu, India. TASMAC plays a pivotal role in overseeing the sale of liquor while adhering to government regulations and contributing to the state’s revenue.

    Who Owns TASMAC?

    TASMAC is owned by the Government of Tamil Nadu. It operates as a government-owned entity responsible for regulating and controlling the wholesale and retail sale of alcoholic beverages within the state. The government oversees TASMAC’s operations to ensure they align with legal and regulatory standards while also contributing to the state’s revenue generation and public welfare initiatives.

    TASMAC Revenue

    TASMAC, the Tamil Nadu State Marketing Corporation, generates substantial revenue for the state of Tamil Nadu through its regulated sale of alcoholic beverages. This revenue is a significant contributor to the state’s finances and plays a vital role in funding various developmental projects and public welfare initiatives.

    The exact annual revenue figures may vary from year to year, but TASMAC consistently contributes a substantial portion of the state’s income. The revenue generated through TASMAC’s operations helps the government finance critical programs and services, making it an essential source of income for Tamil Nadu’s socio-economic development.

    Here’s the annual revenue data for TASMAC:

    Fiscal Year Revenue in Crores (₹) % Change
    2002–03 2,828.09
    2003–04 3,639 28.67%
    2004–05 4,872 33.88%
    2005–06 6,086.95 24.94%
    2006–07 7,300 19.93%
    2007–08 8,822 20.85%
    2008–09 10,601.5 20.17%
    2009–10 12,491 17.82%
    2010–11 14,965.42 19.80%
    2011–12 18,081.16 20.82%
    2012–13 21,680.67 19.91%
    2013–14 23,401 7.93%
    2014–15 26,188 11.91%
    2015–16 25,845.58 -6.76%
    2016–17 26,995.25 6.97%
    2017–18 26,797.96 -0.73%
    2018–19 31,157.83 8.39%

    This table shows the revenue figures for TASMAC from 2002-03 to 2018-19, along with the percentage change compared to the previous fiscal year.

    Board of Directors of TASMAC

    TASMAC’s affairs are overseen by a Board of Directors. The composition of this board includes prominent individuals with expertise in various fields. They are responsible for guiding the corporation’s policies and decisions, ensuring its smooth functioning, and upholding its commitment to responsible alcohol distribution.

    Name
    Thiru Natham R. Viswanathan
    Thiru K. Shanmugam, I.A.S.
    Dr. Niranjan Mardi, I.A.S.
    Thiru Sunil Paliwal, I.A.S.
    Thiru M. Malik Feroze Khan
    Thiru T. Soundiah, I.A.S.

    Conclusion

    TASMAC, the Tamil Nadu State Marketing Corporation, is a government-owned entity with a significant role in regulating the sale of alcoholic beverages in Tamil Nadu. Its history, ownership, revenue generation, and the individuals on its Board of Directors collectively contribute to its impact on the state’s economy and governance.

    FAQs on TASMAC

    What is TASMAC?

    TASMAC stands for Tamil Nadu State Marketing Corporation, a government-owned entity responsible for the wholesale and retail sale of alcoholic beverages in Tamil Nadu, India.

    When was TASMAC established?

    TASMAC was founded in 1983 under the Tamil Nadu Prohibition Act.

    Who owns TASMAC?

    TASMAC is owned by the Government of Tamil Nadu.

    How does TASMAC contribute to the state's revenue?

    TASMAC generates significant revenue through the sale of alcoholic beverages, which is used to fund developmental projects and welfare initiatives in Tamil Nadu.

    Who oversees TASMAC's operations?

    TASMAC's operations are overseen by a Board of Directors, including experts from various fields, responsible for guiding its policies and decisions.

    Can anyone purchase alcohol from TASMAC outlets in Tamil Nadu?

    No, alcohol sales at TASMAC outlets are subject to certain restrictions and regulations, including legal drinking age and time limitations.

    What is the role of TASMAC in curbing illicit liquor trade?

    TASMAC's regulated sale of alcohol is aimed at curbing the illegal production and sale of liquor, ensuring safer consumption for residents of Tamil Nadu.

    How does TASMAC promote responsible alcohol consumption?

    TASMAC promotes responsible drinking by adhering to legal standards, setting prices, and controlling the quality of alcoholic beverages sold through its outlets.

    Where can I find the latest updates on TASMAC's policies and regulations?

    You can find the latest updates and information on TASMAC's policies and regulations on their official website and through government notifications.

    Does TASMAC play a role in funding public welfare programs?

    Yes, TASMAC's revenue generation plays a crucial role in funding various public welfare and developmental programs in Tamil Nadu.

    Chat on WhatsApp Call Infinity Learn

      Talk to our academic expert!



      +91


      Live ClassesBooksTest SeriesSelf Learning




      Verify OTP Code (required)

      I agree to the terms and conditions and privacy policy.