Excise auctions fetch Rs. 9.35 cr.

NIZAMABAD: The excise auctions have raked in Rs.9.35 crores as against the upset price of Rs.6.43 crores for 142 shops registering a 45 per cent increase in collection in the district.

It is likely to cross Rs.10 crores as the auctions were held for 132 shops as against the total of 142 shops notified by the Excise Department. Last year, licences were given through draw of lots which fetched just Rs.5.94 crores.

As many as 518 applications were received for award of licences across the district. In the Municipal Corporation limits for a shop located at Kanteswar, the highest bidder quoted Rs.19 lakhs and it is an increase of 137 per cent.

This year, for this shop the upset price was fixed at Rs.9 lakhs and it was Rs.8.25 lakhs last year. In the rural, in Yerragatla village of Mortad mandal, the highest bidder quoted Rs.9 lakhs against the slab amount of Rs.3.50 lakhs registering an increase of 157 per cent.

The district Collector, D.V. Raidu, rejected applications for three shops in Kamareddy town under the ground that single persons filed the tenders for the three shops. Similarly, another three applications were kept in abeyance as the officials suspected the age of applicants.

"The applicants seem minors, and hence we issued notices asking SSC certificates for evidence,'' the Excise Superintendent, M. Chandrasekhar Rao, told The Hindu . Surprisingly, for four shops in the district not even a single application has been received.

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