Save the fitness Industry from the economic effect of Covid 19


Save the fitness Industry from the economic effect of Covid 19
The Issue
The fitness industry in India amounts to 2.6 billion dollars serving over 6 million members across India.Providing jobs to at least a million people including the sales professionals , personal trainers, fitness trainers housekeeping staff, technicians ,valet services etc.
With the outbreak of COVID19, the nation has gone in a lock down for 21 days.This is leading to financial losses to the gym owners/ fitness studios /equipment brand owners and most of the owners are worried about the debt building up on them in terms of rentals, salaries ,taxes etc. It is becoming impossible for the business owners to survive under this debt. 25-30% people are at a risk of losing jobs due to this pandemic.
We request the government To help the fitness industry in this time of crisis:
-Moratorium for upcoming statuary dues/temporary stoppage of all EMI payment and interest
-Delay in utility payment
-GST waiver for upcoming months.
-Freezing rent dues
-Help gyms/studios/equipment companies with Employee unemployment pay cover
We hope this measures will be taken to save the fitness industry in India.
The Issue
The fitness industry in India amounts to 2.6 billion dollars serving over 6 million members across India.Providing jobs to at least a million people including the sales professionals , personal trainers, fitness trainers housekeeping staff, technicians ,valet services etc.
With the outbreak of COVID19, the nation has gone in a lock down for 21 days.This is leading to financial losses to the gym owners/ fitness studios /equipment brand owners and most of the owners are worried about the debt building up on them in terms of rentals, salaries ,taxes etc. It is becoming impossible for the business owners to survive under this debt. 25-30% people are at a risk of losing jobs due to this pandemic.
We request the government To help the fitness industry in this time of crisis:
-Moratorium for upcoming statuary dues/temporary stoppage of all EMI payment and interest
-Delay in utility payment
-GST waiver for upcoming months.
-Freezing rent dues
-Help gyms/studios/equipment companies with Employee unemployment pay cover
We hope this measures will be taken to save the fitness industry in India.
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Petition created on April 1, 2020