Mon, Jun 29, 2015, 12:20 PM
The new excise policy is going to result in a windfall for the AP treasury. The government is expected to get Rs. 60 crores more than last year, annually, just through applications for the liquor shops. It stands to gain an additional Rs. 2,000 crores through change in license policy. As the licenses are valid for two years, the government will get a total of Rs 14,000 crores annually.