INDIA’S RETAIL TRADE LOST BUSINESS WORTH RS 9 LAKH CR IN LAST TWO MONTHS

Highlights

• Both the Central and state governments lost Rs 1.5 lakh crore on the account of GST

• Only 8 percent workforce could resume their duties as nearly 80 percent of employees have migrated to their native places  

According to the statement given by Confederation of All India Traders (CAIT), India’s retail trade has lost business worth Rs 9 lakh crore in the last two months due t....