Andhra Pradesh Privatizes Liquor Retail, Targets Revenue Boost
By Rediff Money Desk, VIJAYAWADA Oct 01, 2024 13:52
Andhra Pradesh adopts a new liquor policy, allowing private retailers to sell spirits. The move aims to increase revenue and is modeled after successful policies in other states.
Vijayawada, Oct 1 (PTI) The Andhra Pradesh government on Monday notified a new liquor policy, allowing private retailers to sell spirits on the lines of Haryana and others with the state expecting to rake in Rs 5,500 crore in revenue.
In a complete overhaul of excise policy based on best practices from other states, Andhra Pradesh has decided retail of liquor to be privatised with 3,736 retail shops notified across the state.
The new policy will take effect from October 12, 2024, as per the notification by the state government.
In a complete overhaul of excise policy based on best practices from other states, Andhra Pradesh has decided retail of liquor to be privatised with 3,736 retail shops notified across the state.
The new policy will take effect from October 12, 2024, as per the notification by the state government.
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