Vote for BJP in urban local bodies" poll for "triple engine" govt in UP: Adityanath
UP: Man booked for attempting to rape 5-year-old girl
Congress to mark 100 days of Bharat Jodo Yatra with concert in Jaipur
BJYM, Hindu outfits put off planned protest march at AMU
Karachi battles gas crisis; residents face unannounced load shedding, 2-hr gas supply in a day
Elderly man in judicial custody dies during treatment in UP hospital
Himachal Pradesh skittle Haryana for 46, take 200-run lead on Day 1
Pak court grants protective bail to PM Shehbaz"s son Suleman in money laundering case
British Library celebrates India ties with exhibition on Hampi
Nine policemen suspended after suspect dies in police custody in UP
Gangster"s property attached in UP"s Pratapgarh district
Maoists torch construction company vehicles in Jharkhand’s Chatra district
Sino-India border situation "generally stable": China on Yangtse clash
Babar Azam not taking advice from seniors, claims Shahid Afridi
Qlite Global launches their exclusive Grand Experience Centre
"Disillusioned with central leadership": Sikkim BJP president says he has resigned
2001 attack anniversary: Ready to guard new Parliament if directed, say CRPF heroes
Class 2 student dies after scuffle with fellow students in UP
Three killed in accident in UP"s Lakhimpur KheriLakhimpur Kheri (UP), Dec 13 (PTI) Three motorcycle borne youths were killed and "
Abandoned girl child from Assam adopted by Spanish professor
Ten days of night curfew and partial lockdown in different States of the country has caused an estimated business loss of about Rs. 46 thousand crores out of which the retail trade loss is about Rs. 32 thousand crores and the wholesale business suffered a loss of about Rs. 14 thousand crores, the above figure relates to only nine states of the Country and have been calculated on the basis of feedback of prominent trade leaders of these nine States.
Ten days of night curfew and partial lockdown in different States of the Country has caused an estimated business loss of about Rs. 46 thousand crores out of which the retail trade loss is about Rs. 32 thousand crores and the wholesale business suffered a loss of about Rs. 14 thousand crores- said the Confederation of All India Traders (CAIT) today while summarising the so far effect of night curfew and partial lockdown in different States. Almost 60% of consumers are avoiding visiting physical markets due to the daily steep rise of covid.
CAIT National President Mr B.C.Bhartia and Secretary General Mr Praveen Khandelwal today said that the above figure relates to nine states of the Country and have been calculated on the basis of feedback of prominent trade leaders of these nine States. Both trade leaders said that as per the information gathered from these States, in Maharashtra, there is a loss of business of about 10 thousand crores in retail and in wholesale this figure stands for about Rs.4000 thousand crores, in Chattisgarh, the retail business has suffered a loss of about 1200 crores and the wholesale trade has seen a loss of about 600 crores of rupees, in Gujarat, the retail trade has suffered a loss of about 4800 crores of rupees and a loss of about 2200 crore has caused to the wholesale trade.
Mr Bhartia & Mr Khandelwal further said that in Delhi, the retail trade has suffered a loss of about Rs.3000 crores and the wholesale trade has suffered a loss of about 1400 crores of rupees, in Karnataka, the retail loss is about Rs.4300 crore whereas the wholesale trade loss is about Rs. 1950 crores, in Punjab, the retail trade suffered a loss of about Rs. 900 crore whereas in wholesale trade, the loss is 350 crores of rupees, in Rajasthan, the retail loss is about Rs.1900 crores and the wholesale trade loss is 850 crore, in Madhya Pradesh, the retail trade loss is 1700 crore of rupees while the wholesale trade loss is about Rs.750 crores, in Uttar Pradesh, the retail trade loss is about Rs.3800 crores whereas the wholesale trade loss is Rs. 1500 crores of rupees.
Mr Bhartia & Mr Khandelwal said that because of the rapid increase in covid cases and imposition of night curfew and lockdown in various states, the general consumers are gripped with fear factor and therefore avoiding visiting physical markets which has become the root cause of loss of business and retail markets as far as wholesale market loss is concerned it is due to the fact that normally across Country the loading and offloading of goods takes place in the night when in spite of allowed entry, the goods can`t be loaded or offloaded. Generally, truck entry in cities is allowed at 9 pm and because of curfew, the inter-state trade has been greatly impacted.
Your support to NYOOOZ will help us to continue create and publish news for and from smaller cities, which also need equal voice as much as citizens living in bigger cities have through mainstream media organizations.
