Kerala suffered Rs 1.56 lakh crore revenue loss due to pandemic

Already ravaged by Ockhi Cyclone and two consecutive floods during the previous years, Kerala has suffered a revenue loss of Rs 1.56 lakh crore due to the COVID-19 pandemic and subsequent lockdown, state Finance Minister T M Thomas Isaac said on Thursday. Isaac, who tabled the Lef t 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.