Big Story | Lockdown extension may lead to higher revenue loss for States

Most Indian states witnessed a decline in revenue of between 30% to 60% for March, and are estimating a bigger dip in April. States like Telangana, Uttar Pradesh, Madhya Pradesh, and Rajasthan have also indicated that they would be in favour of an extension if required to contain the spread of coronavirus.

If the lockdown is extended, how much more support will States need to meet expenses and will this hamper the battle against COVID-19?

In this edition of Big Story, Moneycontrol's Sakshi Batra discusses the key income sources for the States and the impact of the revenue shortfall.

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