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10 TV : New excise policy from July 1: Minister Kollu

Mon, Jun 22, 2015, 04:44 PM
The AP government finalised new excise policy on Monday. The Excise Minister Kollu Ravindra said that tougher rules have been framed to prevent irregularities in tender process. Ravindra said TDP government would issue a notification for new excise policy on Monday and it would come into effect from July 1 onwards. With the new excise policy, the government would get a revenue of Rs 11,400 crore per year. Minister stated that government would run 25 per cent of liquor shops on its own.
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