Domestic trade lost to Kovid by Rs 6.25 lakh crore in April


New Delhi. The Confederation of All India Traders (CAT) has described domestic trade in the country as a loss of Rs 6.25 lakh crore in the month of April due to Corona epidemic. The central and state governments are also estimated to have a loss of revenue of about 75 thousand crore rupees in total.

According to Kat, the government should decide what is more important, though it is a very difficult task, among the casualties due to Kovid, trade and economy and people dying of Kovid.

CAT’s National General Secretary Praveen Khandelwal said in a joint statement that, in the month of April, the figure of 52926 deaths in India is taken from the World Health Organization report that the monthly number of deaths due to corona virus disease epidemic in the government Is given to the World Health Organization like other countries.

In the month of April, the total domestic business of the country has suffered a loss of about 6.25 lakh crores, in which retail trade is estimated at 4.25 lakh crores and wholesale business has an estimated loss of about 2 lakh crores.

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Kat said that trade loss figures are not only weakening India’s economy but also pointing to the plight of domestic trade but for this the death toll from Corona cannot be ignored.

A national lock-down is essential to deal strongly with the current situation and this is why CAT has been urging Prime Minister Narendra Modi for a national lock-down in the country for the last 15 days.

Khandelwal further said that in the present times, the central and state governments should be the priority of protecting people from any type of kovid infection in order to protect the lives of people and break the chain of kovid infections.

–IANS

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