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 story : CAIT calls for national lockdown to deal with COVID19 #FinanceIndia #StockMarketNEWS CAIT calls for national lock-down to deal with COVID-19 New Delhi, May 3 (KNN) The Confederation of All India

@stockMarketNEWS 5 Days ago

Posted in: #FinanceIndia #StockMarketNEWS

CAIT calls for national lockdown to deal with COVID19 #FinanceIndia #StockMarketNEWS
CAIT calls for national lock-down to deal with COVID-19 New Delhi, May 3 (KNN) The Confederation of All India Traders (CAIT) on Monday called for a national lockdown to deal with COVID-19 pandemic.

The traders’ body conducted an online survey where majority of people have expressed their opinion for imposition of a "national lock-down" and in context of Delhi, people want a Union Minister to be nominated as a nodal Minister to supervise COVID operations in Delhi.

 CAIT National President B C Bhartia and Secretary General Praveen Khandelwal today urge Prime Minister Narender Modi to immediately impose a national lockdown in the country in order to protect people from COVID, CAIT said a statement.

The CAIT further said that if the proposal of national lockdown does not find any favour, then as an alternative a complete lockdown must be imposed in all such states where corona is rising in a speedy way.

The CAIT has also assured the Prime Minister that in the event of a national lock down, the trading community across the Country will not lag behind in maintaining supply chain of essential items, as the CAIT did last year at the time of lockdown, the statement read.

Bhartia and Khandelwal informed that in the survey conducted by CAIT which was participated by 9117 people across the Country, 78. 2 per cent people have said agreed that Corona has become uncontrollable whereas 67. 5 per cent people have advocated for a national lockdown and 73. 7 per cent of the people believe that Prime Minister is capable of dealing with the Corona crisis.

In reference to Delhi 82. 6 per cent have agreed that nomination of a Union Minister as nodal Minister for Delhi will be able to deal with the pandemic in an effective manner.

Both the leaders further said that at present more than 4 lakh people are getting infected every day from the COVID across the country and in proportion to the same, the medical system is not available which needs to be fixed immediately, and for achieving the same, a breathing time is required and for that purpose as well the national lockdown is the only option.

This step will prevent the growing number of corona cases. The community transmission of the COVID needs to be stopped at any cost. Increase in death rate is also a major concern for everybody. A national lockdown is the only solution in the present circumstances, the statement added.

The duo also said that traders are the biggest sufferers of any lock-down, but still considering "Nation First" as our first duty, we are demanding a lock-down from Prime Minister Modi.

They also said that in case of lock-down, the government would have to suspend the liability of GST, income tax and other taxes and other statutory obligations.


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