China lost Rs 1 lakh 25 thousand crore from Vocal for Local
New Delhi. It is estimated that business worth Rs 60 thousand crore will be done across the country on Dhanteras. There is a buzz around Vocal for Local in the markets. According to Praveen Khandelwal, National General Secretary of Confederation of All India Traders (CAT) and BJP MP from Chandni Chowk seat of Delhi, a surge in the purchase of gold and silver has been seen. There is also a custom of buying brooms along with pictures of Gods and Goddesses, utensils, vehicles on Dhanteras. According to an estimate, due to non-sale of Chinese goods related to Diwali, China is facing loss of business worth about Rs 1 lakh 25 thousand crore.
The philosophy of Vocal for Local is fully visible in the markets on Diwali.
Khandelwal said, basically the festival of Dhanteras in the series of Diwali festivals is considered a big day of business sales for traders across the country including Delhi. For this, traders have made major preparations across the country. The philosophy of Vocal for Local is fully visible in the markets on Diwali. Khandelwal claims that most of the goods being purchased in the markets are Indian goods only. While supporting Prime Minister Narendra Modi’s appeal of ‘Vocal for Local’ on Diwali, CAT has urged the business organizations across the country to join hands with the women, potters and other artisans of their areas who are involved in making Diwali related items. , help them increase their sales. The purpose of this appeal is to increase the happiness of those people. Business leaders from all other states, including Delhi, will purchase goods made by potters and local artisans in their respective cities. On the day of Dhanteras, Siddhi Vinayak Shri Ganesh ji, Goddess of wealth Mahalakshmi ji and Shri Kuber are worshipped. Buying new things on this day is considered auspicious. On this day, especially gold, silver jewelery and other items, all types of utensils, kitchen items, vehicles, clothes and readymade garments, electronics, electrical goods and appliances, business equipment like computers and computer related equipment, mobiles, Accounts, furniture, other accounting items etc. are specially purchased.
Gold worth Rs 20 thousand crores sold
According to ancient belief, a broom is also bought on the day of Dhanteras. On the other hand, on Dhanteras, it is estimated that gold worth Rs 20 thousand crores and silver worth Rs 2500 crores will be purchased across the country. Pankaj Arora, National President of All India Jewelers and Goldsmith Federation, an organization of CAT in the jewelery sector, said, there has been tremendous sale of gold and silver in the entire country on Dhanteras. About four lakh small and big jewelers work in the country. There are 2 lakh jewelers registered with the Bureau of Indian Standards, who sold about 25 tonnes of gold on Tuesday. Its value was Rs 20 thousand crores and similarly 250 tonnes of silver was sold across the country, which is worth approximately Rs 2,500 crores. Last year the price of gold was Rs 60 thousand per 10 grams, which is now more than Rs 80 thousand. The price of silver last year was Rs 70 thousand, which has now reached Rs 1 lakh. Despite the decline in sales in weight, sales in currency terms have increased. Apart from this, there is also a huge demand for old silver coins. This coin is sold across the country for Rs 1200 to Rs 1300 per piece. Convener of Vedic and Astrology Committee of CAT and renowned Veda connoisseur Acharya Durgesh Tare of Ujjain said, the appearance of Lord Dhanvantari also took place on the same day of Dhanteras. Lord Dhanvantari is the incarnation of Lord Vishnu. He is also the god of medicine. With this in mind, Lord Dhanvantari is also worshiped across the country. Their favorite metal is considered to be brass, that is why buying brass utensils etc. on Dhanteras is considered auspicious. On the day of Dhanteras, utensils and cooking items are sold on a large scale. Apart from people across the country, people associated with catering business, local confectioners, contract cooks, hotel and restaurant business people especially buy utensils etc. on the day of Dhanteras.