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India faces revenue fall as coronavirus bites economy: Report

India faces revenue fall as coronavirus bites economy: Report

Thursday, March 12, 2020, 5:39 PM

India faces a sharp decline in government revenues and economic growth for at least two quarters as the coronavirus hits economic activity and a fall in investor sentiment impacts privatisation plans, government and industry sources said. India attracts nearly one million foreign tourists a month, and the travel restrictions could impact for next few months.
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