Telangana Government Relaxes Liquor Purchase Regulations:
Liquor stores in Telangana have acquired wine worth over Rs 200 crore in the past three days using post-dated cheques. This move came as the government permitted wine shop owners to take advantage of this opportunity to obtain as much wine as possible before the Election Commission introduced restrictions following the announcement of the Assembly polls schedule.
Under the regular protocol, shop dealers are required to acquire stocks by making payments through challans to the TS Beverages Corporation Ltd., with no credit facilities available. However, when numerous dealers faced financial constraints and were unable to purchase additional stocks, the government extended permission for them to procure wine against post-dated cheques.
Taking advantage of this opportunity, dealers have successfully purchased Rs 70 crore worth of stock on each of the three days since Tuesday.
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