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AP reduces IMFL prices

News: According to media sources, the Andhra Pradesh government has reduced prices by 15-20% on various IMFL brands, to curb the flow of non-duty paid liquor from other states.

View: The AP government had initially increased liquor prices to curb liquor consumption in the state. However, the move was soon followed by greater instances of bootlegging and loss of revenue to neighbouring states. The move is expected to improve consumption of liquor in the state

Impact: Positive