All the commercial and commercial activities of the state have come to a standstill due to the applicable lockdown due to Coronavirus. According to estimates, more than five hundred crore business has been affected in Uttarakhand due to the lockdown. Hotel, restaurant, textile, the automobile sector has suffered the most in this. According to experts, it may take a full year to recover from this deficit. The lockdown has hurt the trade of the country as well as Uttarakhand. Apart from vegetables, milk and ration almost every type of business is at a standstill. According to traders and traders, the festival of Navratri, Mahavir Jayanti, Hanuman Jayanti, Shab-e Barat etc. came out during the lockdown.
Along with this, there was a lot of shopping in these festivals. Navratri used to have a boom in the automobile sector, but this time the car, bike, scooty could not be purchased. At present there were holidays in schools. Therefore, a large number of tourists used to visit Mussoorie, Haridwar, Garhwal. Due to this, hotels, restaurants, dhabas, lodges, as well as clothing businesses, were also used. Weddings also took place in April and May, people associated with hotels, jewelers, taxis, buses, etc. used to benefit greatly. All these activities have come to a standstill due to the lockdown. In such odd circumstances, traders, traders have to pay salaries to employees, artisans and workers.
The bank is tightening the screws to repay the commercial loan installments. This has caused double whammy. Due to the stalled business due to the lockdown, traders and businessmen have now demanded exemption from GST and Income Tax. In addition, he has also sought relief from businessmen who have loans from banks. Due to this, the entire business other than ration, fruits, vegetables has come to a standstill. There were several weddings in April-May, which have been postponed. Apart from this, many festivals also came during this period. In these festivals, the markets were bright, but everything is stagnant. During this period, about 500 million business has been affected. There is a possibility of further damage.
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