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India: Mumbai COVID lockdown spells trouble for businesses | Business| Economy and finance news from a German perspective | DW


India: Mumbai COVID lockdown spells trouble for businesses
India is among the countries hardest hit by in the second wave of the COVID-19 pandemic not only in terms of human life, but also economically.
Small businesss in Mumbai are facing bankruptcy during the lockdown
Rakesh Kumar Nayal runs a grocery store in the suburbs of Mumbai, a shop the 55-year-old has been running for the last 18 years.
The business is down by 25%, he said. Only those people who have our cellphone numbers place orders with us, others are using online services like Grofers and D-mart. I have five employees and four hours of operations do not justify their salary or our expenses. Sometimes the police also harasses us to shut the shop. We bring our shutters down and do our business in this congested and airless shop. It is very difficult. ....

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India: Mumbai lockdown spells trouble for businesses | Business| Economy and finance news from a German perspective | DW


India: Mumbai lockdown spells trouble for businesses
India is among the countries hardest hit by in the second year of the COVID-19 pandemic, not only in terms of human life, but also economically.
Small businesss in Mumbai are facing bankruptcy during the lockdown
Rakesh Kumar Nayal runs a grocery store in the suburbs of Mumbai, a shop the 55-year-old has been running for the last 18 years.
The business is down by 25%, he said. Only those people who have our cellphone numbers place orders with us, others are using online services like Grofers and D-mart. I have five employees and four hours of operations do not justify their salary or our expenses. Sometimes the police also harasses us to shut the shop. We bring our shutters down and do our business in this congested and airless shop. It is very difficult. ....

United States , Kumar Rajagopalan , Indranil Sen Gupta , Kamal Gianchandani , Aastha Gudwani , Rakesh Kumar Nayal , Gurvineet Singh , Pradeep Shetty , Multiplex Association Of India , Restaurant Association Of Western India , Retailers Association Of India , Minister Rajesh Tope , Retailers Association , Multiplex Association , Restaurant Association , Western India , Viviana Mall , Gross State Domestic Product , Care Ratings , America Securities , Pacific Financial Institutions , Covid 19 , ஒன்றுபட்டது மாநிலங்களில் , குமார் ராஜகோபாலன் , இந்திரனில் சென் குப்தா , கமல் கியாங்சந்தணி ,