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AP to raise liquor prices by 25% with sales set to commence from Monday

When the liquor stores would open from Monday, the government would enforce the precautionary measures at stores to ensure that people coming to buy liquor follow social distancing norms

Already, stocks of listed companies such as USL and United Breweries have reacted negatively to prohibition in AP
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The chief minister also appealed to people not to rush to the borders from other states as the current relaxations for interstate movement of people were primarily meant for the migrant workers

BS Reporter
Andhra Pradesh government has decided to raise liquor prices by 25 per cent as it prepares to open retail liquor stores run by the government-owned AP Beverages Corporation. Reviewing preparations for the implementation of relaxed guidelines issued by the Union Home Ministry, Chief minister Y S Jagan Mohan Reddy on Sunday said that liquor sales would resume in the state, but at higher prices.

The move is expected to help raise some revenues quickly at a time when other revenue streams are expected to take time to get back to the normal levels under the phased lifting of lockdown restrictions.

The government,