Wednesday, May 13, 2020

Major states staring at Rs 97,100 crore revenue loss in April

The lockdown-driven disruptions to production, supply-chains, trade and the total washout of activities in aviation, tourism, hotels and hospitality have taken place with such a speed and scale that even if the lockdown is lifted next week, economic activity is unlikely to normalise until Q2, warns the report that pegged "the revenue loss for the 21 major states in April alone at Rs 97,100 crore".

from Economy-News-Economic Times https://ift.tt/2T15DQU

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