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Rs 50,000 cr dent to Telangana coffers  

Covid-19 has knocked away Rs 1 lakh crore that should have accrued to the State exchequer this fiscal (2020-21).

Published: 07th March 2021 07:23 AM  |   Last Updated: 07th March 2021 07:23 AM   |  A+A-

Telangana Chief Minister K Chandrasekhar Rao

Telangana Chief Minister K Chandrasekhar Rao

By Express News Service

HYDERABAD: Covid-19 has knocked away Rs 1 lakh crore that should have accrued to the State exchequer this fiscal (2020-21). But Chief Minister K Chandrasekhar Rao is optimistic that the upcoming Budget of 2021-22 would be encouraging as the economy has started firing on all cylinders.

The Chief Minister said the estimated loss to the State’s exchequer due to Covid-19 was Rs 50,000 crore and, as it had a cascading effect, the total loss is now touching the Rs 1 lakh crore-mark.



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