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Gold, jewellery trade suffers Rs 10,000 crore loss on Akshay Tritiya, claims CAIT

Shortpedia

Content Team
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Traders body Confederation of All India Traders (CAIT) said, “According to an estimate, due to the lockdown and coronavirus restrictions, the gold and jewellery trade recorded a loss of about Rs 10,000 crores. Last year too, due to the lockdown, jewellery traders were not able to do any significant business on Akshaya Tritiya.” In India, there are around 4 lakh gold and jewellery traders.