
In the previous licensing phase two years ago, they received just 68,000 applications, generating Rs 1,370 crores. According to Excise and Prohibition Department, the response to the new liquor policy has been exceptional, with the most applications coming from Serilingampally (Hyderabad’s IT corridor) and the Shamshabad area (home to the airport and burgeoning developments).
Notably, applications for 2,620 retail liquor outlets in Telangana also poured in from Andhra Pradesh, Karnataka, Madhya Pradesh, and other states, possibly more so from neighboring Andhra Pradesh.
The application process began on August 4 and closed on Friday at midnight. The government has pocketed Rs 2,639 crores in non-refundable fees from these applications. Licenses will be allocated on August 21, and those successful will pay the first phase of excise tax on August 21-22. The new shops can operate from December 1, 2023, to November 30, 2025.
This surge in applications is attributed to economic growth in the state, which has led to increased demand in the liquor business due to rising consumption patterns, celebratory events, hospitality, and tourism.
లోక్సభలో మహిళా రిజర్వేషన్స్ బిల్లు తిరస్కరణకు గురైనందుకు దేశంలో అధికార విపక్షాలన్నీ మహిళలకు అన్యాయం జరిగిందంటూ చాలా బాధపడిపోతున్నాయి. ఎన్డీయేలో…
Andhra Pradesh chief minister, Chandrababu Naidu is a very tough politician who places overall interests…