Over 3K liquor shops allotted; Andhra expects to rake in ₹20,000 cr revenue
The Morning Standard|October 15, 2024
THE process of awarding licences to applicants for 3,396 notified liquor stores through lottery system was conducted on Monday.
@Vijayawada

The Excise and Prohibition Department received a total of 89,882 applications for 3,396 shops across the State, generating a revenue of ₹1,797.64 crore through the non-refundable application fees, explained Principal Secretary for Revenue (Excise) Mukesh Kumar Meena.

Subsequently, the state government will rake in ₹2,084 crore as license fee annually from liquor outlets in six installments. A sum of ₹335 crore is expected to be received from all liquor licence holders by Tuesday as the collective first installment, he added.

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