After 42 days of complete lockdown, the state government of Telangana gave a few relaxations starting Wednesday. The state, better known for its wine, has seen beer sales soar in recent years, spurred by an increase in craft brewing. Barring the containment zones in Hyderabad, the sale of liquor is resumed in all zones (Green, Orange & Red) of Telangana.
Despite an average price hike of 16%, the state witnessed massive sales on first day of resumption of liquor. After grappling to fill the coffers due to outbreak of COVID, the first day has reportedly generated a whopping 42 Cr revenue from alcohol sales.
While it is a lot of revenue generation to Telangana govt’s exchequer, it also means that several thousands of people must have lined up to buy liquor across the state during this crisis. According to reports, 42 Cr revenue is generated on the first day.
The price hike seems to have shown no impact on day-1 sales, but any kind of bad repercussions would cost more to the state which reported 11 positive cases on Wednesday.
This post was last modified on 7 May 2020 12:10 am
India's men's and women's hockey teams will wear saffron jerseys instead of their traditional blue…
Sobhita Dhulipala has been steadily establishing herself as one of the most sought-after faces for…
The Central Government has clarified that students and citizens who participated in the recent protests…
Disha Patani continues to prove why she's one of the most sizzling stars in the…
Dulquer Salmaan joined hands with director Nahas Hidhayath, who caught everyone's attention with RDX. The…
YS Jagan has his own way of defending the people surrounding him. This was earlier…