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HomeNewsTN state chess revenues impacted by Covid-19 pandemic

TN state chess revenues impacted by Covid-19 pandemic

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By Venkatachari Jagannathan Chennai, Nov 23 : A cursory glance of Tamil Nadu State Chess Asssociation (TNSCA) budget for 2020-21 would make people think that it is following zero based budgeting.
Many of the revenue and expenditure heads for the budget 2020-21 has been left blank.
But it is not so as the coronavirus has eaten into the associations’ revenue as well as expenditure.
“Owing to coronavirus spread there is no visibility of holding any tournament till March 21. Hence many of the heads-income and expenditure- are blank,” an official not wanting to be quoted told IANS.
During normal times, state chess tournaments and others would have been held but it was not to be this year, the official added.
The Covid-19 pandemic though has given a spurt for online chess has nevertheless impacted TNSCA revenues to the extent that a deficit budget has been prepared for 2020-21.

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