Kate's estimate of business of Rs. 10 thousand crores on Raksha Bandhan, boom will be seen in these sectors

New Delhi, 28-August-2023, Monday

The festive season has started across the country...Rakshabandhan is also around the corner...Rakshabandhan, the festival of love between brothers and sisters, will begin to lift the depression in the market. According to traders' estimates, business of 10 thousand crore rupees is estimated to be done on Raksha Bandhan. Also, by the end of this year, most of the sectors will be seen shining out of recession. From Rakshabandhan to the end of the year, various sectors can see a boom. By doing this, the traders will benefit... and employment opportunities will also increase.

7 thousand crore rupees growth in rakshabandhan related business in 5 years

Last year, there was a recession in the market, during which a total business of 7 thousand crore rupees was done on Raksha Bandhan, while in the year 2021, 6 thousand crore rupees business was done. If we talk about 2020, business worth 5 thousand crores was done on Raksha Bandhan, 3500 crores in 2019 and about 3 thousand crores in 2018. If Kate is to be believed, there is an increase of one thousand crores every year on Raksha Bandhan.

There will be growth in these sectors on the occasion of Raksha Bandhan

According to traders' organization CAT, consumption of automobiles, laptops, mobiles and FMCG sectors will grow this year on Rakshabandhan, and the performance of these sectors will also move forward at a faster pace.

An auspicious time to tie rakhi to brother

It is to be mentioned that this time there has been a debate whether to celebrate Raksha Bandhan on August 30 or August 31. According to some astrologers, 9:05 pm to 10:55 pm on August 30 is the only Muhurta for tying Rakhi. On the other hand, some astrologers believe that Rakshabandhan can be done religiously for the whole day of August 31-Thursday and the whole day is pure. Shravan Purnima will be celebrated on August 31 itself in Shaktipeeth Ambaji, Dakor. Poonam will be filled in Shaktipeeth Ambaji on August 31 itself. Also, at the famous Dwarkadhis temple at Devbhoomi Dwarka, the black thakor will be changed after 12 noon on Janoi 30 August while there is Poonam on 31 August. Similarly, Shravani Purnima will be celebrated on August 31 itself in Ranchhodraiji temple of Dakor. However, if we talk about Gujarat, according to astrologers, Raksha Bandhan will be celebrated on one day and not on 2 days. This year the Poonama Tithi of the month of Shravan will be from 10:58 AM on August 30 to 7:58 AM on August 31.