Business Standard

Andhra's wrong turn

Why prohibition is the wrong road to follow

YS Jagan Mohan Reddy, Andhra Pradesh, jaganmohan reddy
Premium

File Photo of Andhra Pradesh CM YS Jagan Mohan Reddy. Source: PTI

Business Standard Editorial Comment
Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy is testing the state’s avowed ambition of becoming the next big destination for investment by demonstrating an unexpected level of capriciousness. Having arbitrarily cancelled clean energy projects awarded by the previous regime on the specious grounds of faulty bidding — a move that could draw the state into expensive international arbitration— its decision on Friday to cancel all bar licences marks another step in the wrong direction. The arbitrary cancellation of bar licences is the first step in a new bar policy that will come into force in January 2020, and be

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in