WHAT IS THE REVENUE LOSS?
The excise revenue shortfall is Rs 1,270 crore. Against the revenue target of Rs 5,675 crore, the department collected Rs 5,015 crore by March in 2019-20. In the current year, there is already a shortfall of 10% from Rs 6,200 crore target and could increase if the lockdown continues. Also, 870 of the 5,800 vends couldn’t be sold.