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Wednesday, 29 July 2020

Corona eclipse to Rakshabandhan / Wholesale market of ashes 75% while retail market fell 50-60%

Ahmedabad. The Rakshabandhan festival has also felt the eclipse of the corona this year. within the wholesale market in Ahmedabad, the sale of ashes has declined by 70 to 75 per cent. Even within the retail market, traders say the sale of ashes is as low as 50 to 60 per cent. consistent with traders, the ashes became very low thanks to the lockdown caused by the corona. While the purchasers who want to shop for ashes thanks to fear of corona also don't come. The traders are just sitting within the shops crammed with ashes. But people are avoiding buying ashes killed out of fear. However, with the exception of siblings living under one roof, there's a growing trend of the many siblings celebrating virtual or digital Rakshabandhan from their mobiles or laptops.

Some traders put up last year’s ashes to sell
According to traders, the wholesale marketplace for ash has fallen by 70 to 75 per cent this year. Which has also had an immediate impact on retailers. Most of the retailers have put last year's ashes on display as new ashes became scarce.

The wholesale Rs 100 crore market almost collapsed
Manish Patel of Sarangpur-based Ganesh Rakhdi said that 40 traders of Kalupur Mint-Sarangpur are engaged in wholesale trade of Rakhdi. of these traders make and sell Rakhdi worth Rs 100 crore per annum . Corona has lost 20 to 25 per cent of its Rs 100 crore market this year. So this year the business is estimated to be barely 20 to 25 crores.

The government broke the business chain of traders
Priyank Shah of Shah & Sons Mint said, "We are doing wholesale ash business at Kalupur Mint for 18 years. Let there be a boom and bust in business. But the government's second and third lockdowns have broken the backs of traders. The lockdown brought business to an entire standstill. The effect of which is being seen on the festival of Rakshabandhan.

Not even capital has been released this year
"We are retailing ashes for 35 years," said Ramesh Patel, owner of Sun Set Emporium, which owns Sun Set Emporium on Gurukul Road. Business is 60 to 65 percent lower this year than per annum . Our capital comes back every week before the Rakshabandhan and an honest profit is formed within the last week. But even the capital has not begin this year.

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