Lockdown has been done to avoid the corona crisis worldwide. India will also have to remain in lockdown till May 3, on April 14, Prime Minister Modi extended the lockdown period due to the decline in the number of corona infected patients.

For your information, let us tell you that there is an atmosphere of fear among the states more than the center in the lockdown. After many years, the Gujarat government had to seek help from financial institutions. The corona epidemic led to a decrease in the government's funds. In the first week of April, the Gujarat government took help of Rs 2,100 crore at an annual interest rate of seven and a half percent. Also, the Gujarat government will need Rs 3,150 crore every month so that the government can pay the salary of its five lakh employees and with the help of Rs 1,500 crore, the pensioners of the state can be given pension. Apart from this, the government may also need funds for other expenses.

Apart from this, the financial condition of some other states is not very good. According to the Reserve Bank of India, in the beginning of April, within two weeks, the state governments have taken a total amount of Rs 44,000 crore on loan. At the same time, the Corona epidemic has badly affected more states than the center. Indirect taxes are a major means of revenue for states. States' revenue is generated from indirect taxes on petrol-diesel, alcohol, property transactions.

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