HYDERABAD: The state government is attempting to diversify its revenue streams in view of huge expenditure needed in the budget. The most recent solution discovered is to increase the number of bars in Haritha Tourism plazas run by the tourism department throughout the state. The state already has five bars operating in five of the 28 plazas.
Currently, there are three bars in
Haritha plazas in Hyderabad, one each in
Nizamabad, Hanamkonda and Nagarjunasagar.
Officials intend to open 15 new bars in other locations as well. Pochampally, Basara, Vikarabad, Ramppa, Lakkavaram, Medaram, Bhadradri Kothagudem, Tadvai,
Shamirpet, Kaleshwaram, Vemulawada, Keesaragutta, Pakala, Singuru are among them.
The existing bars have made a substantial profit, with each generating more than Rs 25 lakh.
Despite the fact that sales at wine shops and normal bars have declined throughout the pandemic, these businesses have done well. This has prompted officials to consider raising the number of bars in the Haritha Plazas as well.
During last month’s auction, the state government expanded the number of liquor retailers. However, many people have discovered that the typical bar business is not very profitable. “Many have sold their establishments to others as operating costs have grown and guests have decreased since the outbreak,” a bar owner explained.
They have petitioned the state government multiple times to be considerate of their cost structure.
However, the case of bars running by tourism plaza is different from regular ones. The state government has seen liquor sales growing since the state formation.