He said that the per day industry’s losses have gone up to Rs 1,600 crore in May from Rs 400 crore in the beginning of April as more states announced lockdown and lockdown-like restriction in the subsequent period amid the massive spike in Covid-19 infection cases in the country. ”In the first 15 days of April, the industry was facing Rs 400 crore per day, which rose to Rs 800 crore per day by April 30.

They have now doubled to Rs 1,600 crore per day till May 15. So, as of May 15, the industry’s cumulative losses were a whopping Rs 42,000 crore,” said Singh. He said that the rising diesel prices, besides the impact of the lockdown was adding to the woes of the industry.

”The Indian hotel industry’s total revenue in FY2019-20 stood at Rs 1.82 lakh crore. As per our estimates, in FY2020-21, approximately 75 per cent of the industry’s revenues got wiped off. That is more than Rs 1.30 lakh crore revenue hit,” the FHRAI said in a statement.

In a statement, the UIDAI said there is a well-established exception handling mechanism (EHM) for Aadhaar, and that it should be followed to ensure delivery of benefits and services in the absence of the 12-digit biometric ID.

A total of 3,11,170 new cases were reported in a day, while the death toll climbed to 2,70,284 with 4,077 daily fatalities, the data updated at 8 am showed.

The active cases have reduced to 36,18,458 comprising 14.66 per cent of the total infections, while the national COVID-19 recovery rate has improved to 84.25 per cent, the data updated at 8 am showed.

M&M President (Farm Equipment Sector) Hemant Sikka said the new ‘M–Protect Covid Plan’ is a new initiative targeted at farmers,” as we stand by them to drive positive change even in these tough times”.

The budget aimed to revive Asia’s third-largest economy via investing in infrastructure and health care, while relying on an aggressive privatisation strategy and robust tax collections – on the back of projected growth of 10.5 per cent – to fund its spending in the fiscal year.