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Kerala suffered Rs 1.56 lakh crore revenue loss due to COVID pandemic and lockdown:Finance minister Isaac

Kerala Finance Minister T M Thomas Isaac, who tabled the Left government’s Economic Review 2020 in the state assembly, a day ahead of the state budget,said natural disasters including Cyclone Ockhi of 2017, two consecutive floods of 2018, ’19 and the pandemic affected the state’s economy along with the return of non-resident Keralites (NRKs) from abroad, mostly following job loss.

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Indian stores shuttered by farmer protests cost Reliance, Walmart millions in revenue: sources

One industry source said estimated losses for Reliance from its state-wide shutdowns run into millions of dollars. Two other sources said Walmart’s estimated revenue loss from its store, one of 29 such outlets nationwide, has crossed $8 million.
In November, Punjab estimated economic losses from the protests at $4 billion, while one industry group has pegged the overall hit to India’s economy at $9.6 billion.

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