Covid-19: UP reports massive dip in revenues in first quarter of 2020-21

However, green shoots began to appear in the latter half of the quarter with the staggered lifting of lockdown in non-containment zones

Uttar Pradesh has witnessed a massive dip in tax and non-tax revenue collection in the first quarter (April-June) of the current financial year owing to the impact of the Covid-19 lockdown on commercial and industrial activity.

Against a tax and non-tax revenue target of Rs 46,127 crore for the April-June period, the state’s collection stood at a mere Rs 17,412 crore or 37.74 per cent of the quarterly goal.

According to UP finance minister Suresh Kumar Khanna, the tax revenue during the April-June 2020 was Rs 15,716 crore against the target of Rs 41,602 crore, which was only 37.77 per cent of