New Liquor Policy is a Rs 10,000-cr Scam: YSRC
He claimed that Naidu personally pockets Rs 1,000 crore annually from distilleries, while Lokesh collects Rs 1,200 crore yearly from liquor shops.
By : DC Correspondent
Update: 2025-05-17 18:00 GMT
Anantapur: The YSRC on Saturday alleged Chief Minister N. Chandrababu Naidu and his son Nara Lokesh are collecting Rs 2,000 illegally through the new liquor policy.
Speaking to the media at Proddatur in Kadapa, Former MLA and YSRC spokesperson Rachamallu Siva Prasad Reddy gave details on a purported extortion racket that will help the CM's family amass Rs 10,000 crore through illicit liquor commissions over five years.
Reddy said that the coalition government’s liquor policy funnels crores of rupees monthly to Naidu’s “Karakatta Palace” in Amaravati. He claimed that Naidu personally pockets Rs 1,000 crore annually from distilleries, while Lokesh collects Rs 1,200 crore yearly from liquor shops.