Thiruvananthapuram, April 7 -- The Confederation of All India Traders (CAIT) has cautioned that the ongoing West Asia conflict could adversely impact India's trade and industrial sectors, particularly MSMEs, small businesses, and exporters, and has called for immediate government intervention to cushion the fallout.
In a representation to union Finance Minister Nirmala Sitharaman, CAIT leaders urged the Centre to take proactive relief and precautionary measures to address emerging economic risks.
The signatories to the letter included National President B.C. Bhartia, Secretary General and MP Praveen Khandelwal, National Secretary S.S. Manoj, and Working Committee member P. Venkittarama Iyer. They also stressed the need for intervention by...