Tag Archives: Economic Impact of Coronavirus

Covid-19 Impact On State Governments Scramble For Funds As Revenues Dry Up Due To Coronavirus

State Governments Scramble For Funds As Coronavirus Takes Toll On Coffers

The lockdown has hit states’ tax revenues from fuel and stamp duties A three-week nationwide lockdown is testing the resilience of state governments, with analysts warning that essential public services and health care for millions of Indians will be in jeopardy without further central government and RBI support. States are slashing …

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Coronavirus Impact On Economy Update RBI Loan Moratorium Measures Job Loss Pay Cuts

Economy Likely Grew At 4.7% In December Quarter: Poll

Several banks have initiated steps to effect the RBI-suggested moratorium on loans Seeking to ease hardships faced by people during the ongoing lockdown, several banks on Tuesday initiated steps to effect the RBI-suggested moratorium on loans taken by their customers and e-retailers began deliveries, but job losses and pay cuts …

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Coronavirus (Covid)-19 Impact India’s Electricity Use Falls To Lowest In Five Years Due To Lockdown

India

arring three eastern states, all regions registered a fall in demand as offices have been shut. India’s electricity use plummeted to levels last recorded in March 2015, government data showed on Saturday, due to a nationwide lockdown to arrest the spread of the coronavirus. India used 2.59 billion units of …

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