Thiruvananthapuram, April 12: Finance Minister of Kerala Thomas Issac on Sunday said that the state has lost Rs 50,000 crore due to the lockdown which has been imposed to reign in coronavirus. Issac told the media that time is running out and Centre should now extend all possible financial help to the state.
"We have now borrowed at high rates because, we will go to any extent to come to the help of people. When it comes to that, we don't look at the interest rate. The Centre should now stop talking and should act. If we are borrowing, then we are giving everything to our people. Other states are not doing the way we are helping the people in all respects. The Centre has to give what's ours and by the end of April the loss will be around Rs 55000 crore. They can very well borrow from the RBI and give us," said an angry Issac. Not Just Lockdown, Intense Testing, Contact Tracing Equally Crucial to Fight Covid-19: Kerala Finance Minister Thomas Isaac.
He added that the state cabinet will meet on Monday to decide how the lockdown measures should be after current spell ends on Tuesday (April 14) and it will be one which would be flexible.
(The above story first appeared on LatestLY on Apr 12, 2020 05:26 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).