Pinarayi Vijayan state Kerala 2020 economy crisis Coronavirus Pinarayi Vijayan state Kerala

₹80,000 crore loss to Kerala economy, estimates study

Reading now: 495
www.livemint.com

Thiruvananthapuram: A study by the Kerala State Planning Board estimates a loss of ₹80,000 crore to the state economy due to the nationwide lockdown amid the coronavirus scare.

The study -- titled "Quick Assessment of the Impact of the Covid-19 Pandemic and Lockdown on Kerala's Economy" -- was undertaken after Chief Minister Pinarayi Vijayan asked the Board to make a quick assessment of the state's losses, particularly to the sectors most vulnerable to the impact of Covid-19 crisis.

The study pertains to the period between March 25 and May 3, 2020. "For March 2020, assuming about 10 days of total production loss and decreased economic activity from the middle of March, we estimate the shortfall in value addition in the state to be roughly

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA