Addressing a delegation of the Confederation of All India Traders (CAIT), led by Member of Parliament Praveen Khandelwal, at Vanijya Bhawan, the minister said that under the dynamic leadership of Prime Minister Narendra Modi, India’s trade ecosystem is undergoing a historic and rapid transformation.
The Confederation of All India Traders (CAIT) has convened a one-day national traders conference on November 25 in New Delhi, bringing together prominent trade leaders from all states of the country.
According to the Confederation of All India Traders (CAIT), the Chhath Puja this year is expected to generate trade worth approximately Rs 38,000 crore across India.
This marks a sharp rise of 22.58 per cent from last year’s Rs 31,000 crore and Rs 27,000 crore in 2023 -- reflecting the festival’s growing cultural and economic significance.
According to the CAIT, major markets across the country — particularly in Delhi, Mumbai, Jaipur, Ahmedabad, Lucknow, Bhopal, Kolkata, Chennai, Hyderabad, Bengaluru, Pune, Patna, Indore, and Kanpur — witnessed huge crowds during the Bhai Dooj festival.
The CAIT has also decided to organise a national level conference of prominent chemists Associations of different states in 1st week of May. Also a delegation of CAIT will soon meet Mandaviya and Commerce Minister Piyush Goyal to apprise them about blatant violations of e-pharmacies in the country.
The business activities happened as usual in all commercial markets across the country, whereas manufacturing activities did take place in the industrial areas
The survey will be the largest survey of retail trade in terms of its potentiality and capacities, challenges faced by the traders, and suggestive remedial measures, claimed CAIT.
CAIT National President Shri B.C.Bhartia said that covid restrictions in Delhi and across the country has badly affected the retail trade which has suffered a trade loss of about 70% in the last 25 days.
Stressing the need of such a meeting, Bhartia said that CAIT is of a considered opinion that all kinds of services provided in India through any digital mode including social commerce must have to be brought under the ambit of e-commerce.
