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India's retail trade lost business worth Rs 9 lakh cr in last 60 days due to COVID-19: CAIT

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The country's retail trade lost business worth Rs 9 lakh crore in the last 60 days, mainly due to the nationwide lockdown to contain coronavirus pandemic, trader's body CAIT said. Domestic trade is facing its worst period as shops and commercial markets across the country since last Monday could register only about 5% of business, and only 8% of workforce could resume their duties after migration of about 80% employees, CAIT added.


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