Hyderabad: The cash-starved government of Telangana will be richer by over Rs 150 crore with the setting up of 159 new bars across the state. The revenues earned through application fees and licence fees to set up the new bars is expected to cross Rs 135 crore in a week. Of this, the government has already earned over Rs 73 crore through application fees alone.
As per norms, the applicants need to pay Rs 1 lakh (non-refundable) deposit to the government to submit applications. Such was the rush to set up new bars that the government received 7,360 applications for setting up 159 bars, when the deadline to submit applications ended on Monday. Of this, 5,311 applications came on the last day alone.
Following the huge response, the government late on Tuesday issued orders extending the application deadline by a week until February 16. The government hopes to earn nearly Rs 100 crore towards application fees.
The government had on January 25 issued a notification seeking…