New Delhi: Corona cases are increasing rapidly across the country. Due to this, many states have imposed many restrictions on travel and trade. According to the Confederation of All India Traders (CAIT), the largest organization of the country’s business community, the retail market has suffered a loss of 30 per cent due to these restriction. Such measures such as night curfew, partial lockdown etc. imposed by the states to stop the corona infection have caused such a huge loss within just a week. According to CAT, lockdown and night curfew has created an atmosphere of fear in the minds of consumers. The Confederation represents 5 crore businessmen from more than 40 thousand trade associations across the country.
According to CAT, the movement of goods from one state to another has also reduced and such transactions between traders have come down by 15-20 percent. Apart from this, the number of customers in the retail market is also half i.e. 50 percent.
