State governments face huge revenue shortfall

Uttar Pradesh government has spent over Rs 12,000 crore in paying salaries and pension for April, when its revenues were Rs 2,284 crore. “It is shocking, but the state cannot compromise with the lives of the people,” UP finance minister Suresh Khanna told TOI, reacting to the low tax revenue.



May 04, 2020 at 05:15AM