Govt should mandate not to collect Rent and Loan Interest during Lokdown.

Govt should mandate not to collect Rent and Loan Interest during Lokdown.

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Vivek Kumar started this petition to Government of India

Hi, I am a small business man from Bokaro Steel City,Jharkhand. We are experiencing lockdown after the Second wave of Covid and Lockdown has a deep impact on everyone's life. As we have a crisis of educated and sincere ministers in our country, the common man has to pay the price.

Every business runs on loans and some businesses or factories have huge pile of loan and even a few days of closure can be impactful but still people have the bear the losses and everyday income balances everything. Adding cherry to topping are the high bank interests and rents on shops.

Moreover many other families are depend on the business for their lives. Staff, Labourers and daily wagers generally dont have huge savings and fixed deposits. They can get staple from fair price shops of government but some dont even have ration cards. Many other expenses are there.

As a businessman it breaks my heart as I'm not able to help that much as I'm not able to help myself. Need to pay big interests from banks, Shop rent, Godown Rent and more and all those are being paid from by broken fixed deposits. Many businesses will be closed if lockdown continues. Many people will be loosing jobs. Lockdown will continue for 2-3 months atleast and is necessary for this Covid Tsunami.

Government should step up and sort this out as this seems to be small problem but can lead to much bigger economic problem in the country. No body wants an economic depression just after the second wave.

 

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