New worries
FRONTLINE|June 5, 2020
Kerala’s measured approach to the pandemic and lockdown has yielded results. But it still has to grapple with their huge economic impact on its economy, which it feels the Centre’s special financial relief package does little to alleviate.
R. KRISHNAKUMAR
New worries

ALTHOUGH KERALA’S HANDLING OF THE coronavirus crisis continues to receive all-round praise, the State is on edge as it enters a tricky phase in its containment efforts, with the gradual easing of lockdown restrictions going hand in hand with the arrival of a large number of Keralites from COVID-19 hotspots abroad and from other States. There is another issue that nags the State in equal measure. This is the uncertain but huge impact of the pandemic and the lockdown on the local economy, which is yet to fully recover from a series of natural calamities: the Okhi cyclone in 2017 and the devastating floods in 2018 and 2019.

The State had held itself up bravely against these back-to-back calamities, but recovery was understandably still an ongoing process even as reports of the possibility of truant rains were once again clouding the horizon. Yet another worrying monsoon season is already round the corner.

According to State Finance Minister T.M. Thomas Isaac, Kerala will experience a revenue loss of nearly Rs.35,000 crore this year. As Frontline had reported earlier, in the State Planning Board’s assessment, Kerala suffered a loss of Rs.29,000 crore as a result of the nationwide lockdown from March 24 to May 3.

This story is from the June 5, 2020 edition of FRONTLINE.

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This story is from the June 5, 2020 edition of FRONTLINE.

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