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Big liquor companies hit hard by Andhra’s prohibition rules – ET Retail

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BENGALURU: Spirits, beer and wine makers are facing a hard time in Andhra Pradesh, one of the bigger liquor markets in India.

The government has been moving towards phased prohibition. As part of that, it has taken control of liquor sales, which means it collects what consumers spend and then remits to the alcoholic beverage companies.

But the government payments come with inordinate…