MUMBAI: Poco Loco, a resto bar on Khar Danda road famous for its Spanish and Mexican cuisine, will manage to survive even with a little business after.
. But traders losing Rs 1,300 crore/day
ByVinay DalviVinay Dalvi / Updated: May 2, 2021, 06:00 IST
The
Maharashtra government’s decision of implementing
lockdown in the state has significantly impacted the shopkeepers, mall owners, and restauranteurs. According to the
Federation of Retail Traders Welfare Association (
FRTWA), the shopkeepers are losing Rs 1,300 crore a day. There are 13 lakh shops in the state out of which around four lakh shops are in the city itself.
“We have till now incurred losses to the tune of Rs 24,000 crore due to initial partial lockdown and later the complete lockdown since April 5,” said
Viren Shah, President, FRTWA who is also the director of Roopam Stores at Crawford Market.
Representative image
MUMBAI: Hoteliers in the state have written a letter to Prime Minister Narendra Modi seeking a bailout package for the lockdown period to save the industry from its long-term impact. Similarly, retailers have also written to the finance minister for relaxation in various fees to avoid an NPA (non-performing assets) situation.
The hospitality industry has suffered a major setback during the previous lockdown. “We had just started rebuilding our businesses gradually despite a lack of assistance from both the central and state governments. But the prevailing situation is leading to reverse migration of the workforce all over again. This may result in a massive job loss not only in the hospitality trade but also across ancillary services,” a letter by AHAR president Shivanand Shetty said.
Roads and footpaths continued to be deserted on Wednesday
MUMBAI: The state cabinet on Wednesday unanimously decided to extend the lockdownlike restrictions in Maharashtra for another fortnight, that is, from May 1 to 15, after the current fortnight of curbs ends at the end of this month. The decision came on a day the state recorded 985 Covid deaths, its highest daily toll since the start of the pandemic.
While public health minister Rajesh Tope said all cabinet ministers were unanimous that the curbs be extended to check the spread of Covid-19, NGOs working for the poor and representatives of the retail sector and restaurants said the restrictions were having a serious adverse impact and they had expected some relief.