New Delhi: The Indian retail business has suffered a trade deficit of about Rs 15.5 lakh crore in the last 100 days due to the Corona epidemic in the country. This has caused turmoil in domestic trade to such an extent that the situation has not returned to normal even after 45 days of the lockdown opening. Traders are facing financial crisis. They also have to fulfill many financial obligations in this hour of financial crisis. There is also frustration among businessmen by the central or state governments not giving any economic package to the traders.
Analyzing the current state of domestic trade in the country, National President of Confederation of All India Traders (CAT) BC Bhartia and National General Secretary Praveen Khandelwal today said that domestic trade in the country is going through its worst phase and on retail trade There is a bad hit from all sides and if necessary steps are not taken to correct the situation immediately, then around 20% of shops across the country will be forced to close, which can also lead to a large number of unemployment.
Bhartia and Khandelwal said that according to an estimate the domestic trade of the country is about 5 lakh crores in April, about four and a half lakh crores in May, about 4 lakh crores after the lockdown in June and about 2.5 in 15 days of July. There is a loss of trade of lakh crores. There is a huge fear in the hearts of people about Corona, due to which local buyers are not coming to the markets. Such people who have been buying goods from neighboring states or cities are also not coming in fear of Corona and lack of public transport, which has shaken the country’s retail business.
