Diwali 2020: This year, even though the good news of vaccine preparation is awaited on the Diwali falling in the Corona period, it does not reduce the festive enthusiasm of the countrymen. Shopping is on in markets across the country including Delhi. The shopping stalled after the lockdown in March has slowly started returning to the track since the start of the festive season. For the last 4 days, there has been a spurt in shopping, due to which the traders are enthusiastic and they are hoping to overcome the cold business for the last 8 months.
However, this time the interesting thing is that China’s goods have disappeared from the markets in a way. Indian goods in the markets are in the limelight due to the ongoing tension between India-China and the call for boycott of Chinese goods by traders’ organizations.
Deep impact of self-reliant India campaign
BC Bhartia, national president of the Confederation of All India Traders (CAT), the country’s apex body of traders and national general secretary Praveen Khandelwal, said that Chinese commodities which did big business every year on Diwali, this time were boycotted by traders and customers And the demand for goods made in India is high. CAT’s call for the boycott of Chinese goods and Prime Minister Narendra Modi’s Vocal for Local and Self-Reliant India campaign have had a profound impact on people. The boycott is sure to cause a loss of trade of about 40 thousand crores to China.
60 thousand crore business expected
According to Khandelwal, Dhanteras, Diwali, Govardhan Poojan, Bhai Dooj, Chhath Puja and Tulsi Vivah are expected to trade around 60 thousand crore rupees in markets across the country through this entire series of festivals. Out of this total trade, China’s trade was about 40 thousand crores every year. But since this time there is no Chinese market, China is sure to suffer a big loss.