Cash-strapped Andhra Pradesh likely to get Rs 20,000 cr in second half of FY25 through liquor licenses, sale
Andhra Pradesh government expects about Rs 20,000 crore through sale of licensing fee and liquor during the remaining financial year, sources said on Monday.
«As such the state government netted Rs 1,800 crore towards non-refundable application fee for 3,396 outlets. Once the outlet was allotted on lottery basis, the winner will have to pay licensing fees ranging from Rs 50 lakh to Rs 85 lakh in six installments. Last year the government got Rs 30,000 crore through liquor sales. This year for the remaining six months, the government is expecting over Rs 17,000 crore,» a source, privy to the development told PTI.
According to Mukesh Kumar Meena, Principal Secretary, Revenue (Excise), the state government has received nearly 90,000 applications for 3,396 private liquor outlets throughout the state with Rs 2 lakh as non-refundable application fee contributing to about Rs 1,800 crore to the exchequer.
The state government will get Rs 2,084 crore as licensing fee annually from the liquor outlets in six installments.
The collective first installment amount of Rs 335 crore from all the liquor shop license holders will be received by Tuesday, he said.
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