New Delhi: The Confederation of All India Traders (CAIT) has urged the Centre to extend the lockdown period till April 30 to curb the spread of Covid-19. Also Read - Many Indian Traders to Shut Shop in Absence of Stimulus Amid Lockdown: CAIT
Accordingly, CAIT in a letter to Prime Minister Narendra Modi said that it has made this recommendation based on a survey conducted with senior trade leaders of all states. Also Read - Retail Sector Lost $30 bn in 15 Days Due to Coronavirus Lockdown: CAIT
“Although the traders will be facing several trading, economic and financial challenges, yet in the interest of the Country, the traders are well prepared to extend best services to the nation,” the confederation said in a statement. Also Read - Flipkart and Amazon India festive sales violate FDI norms and must be banned: CAIT
“However, whatever decision the Government will take, the trading community across the country will follow the same in letter and spirit,” it said further.
“Even though the economic and financial impact of a continued lockdown may be unbearable, we are hopeful that we will fight back strongly to resurrect our economy and rebuild our resources with due support from the government in the form of a well thought out financial and economic stimulus to the small and medium trading sector.”
The letter said the confederation has undertaken a survey with prominent trade leaders of all states of the country and have come to the conclusion that during these troubled times, “it would be in fitness of things, if the current lockdown period is extended up to April 30, so to negate any prospect of further spreading of COVID-19”.
The letter said that in view of the burgeoning number of cases of Covid-19 in India over the last one week and to add impetus to the Government’s overall effort to combat the disease and prevent community spread, the business community stands with “you in solidarity and whatever the decision, the government takes, the trading community will abide by such decision and follow the same in its true letter and spirit”.
“After this period is seen through and after assessing the ground realities on that day, we should plan a staggered exit and start lifting restrictions if the situation permits. Almost all national leaders of domestic trade have expressed grave health and safety hazards to the retailers because of their incessant exposure to the public at large,” the letter read.
“Nearly 7 crore small businesses employ another forty crore people and therefore if by any chance the disease starts spreading among the traders of the country, then it will have a devastating effect on the entire nation.”