As liquor license revenue soared to the highest ₹2,280 crore in Jammu and Kashmir, the bidding for south Kashmir’s Qazigund vendor set a record in a recent auction, with the highest bidding of ₹5.23 crore.
Official figures suggest that the auction of liquor licences has crossed previous records by fetching ₹2,280 crore as revenue this year, compared with ₹1,777 crore in 2022 and ₹1,796 crore in 2023.
The bid for the Qazigund license at ₹5.23 crore is followed by a ₹3.14 crore bid for Udhampur’s Ramnagar, officials said.