The Confederation of All India Traders (CAIT), an organization of traders, has initiated the 'Hindustani Rakhi' campaign this year, which makes China to lose nearly four thousand crores. According to CAIT, on the special occasion of Rakshabandhan in the country, business of about six thousand crore rupees is done.
Till now China alone contributed about four thousand crore rupees. The organization had also sent five thousand Rakhis to the defense minister Rajnath Singh, who would be sent to the soldiers posted on the border. CAIT has started the 'Hindustani Rakhi' campaign, due to which China will have to lose its business of four thousand crore rupees. About 40 thousand trade associations are connected with CAIT and there are crore members with it all over India. CAIT said in a statement, 'India will run this Rakshabandhan in a completely Hindustani Rakhi campaign and it will make China to lose about four thousand crores of rupees'.
According to the media report, Sushil Kumar Jain, convener of CAIT-Delhi-NCR told this time, 'Not only ready rakhi, but before that rakhi making items like foam, paper foil, thread of thread, pearl, drop, decorative items etc. were also imported. Due to CAIT's boycott campaign for Chinese goods, it were not imported in Rakhi this year and we are sure that this will cause a loss of about four thousand crores to China.
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