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Economics of #EidulAdha #BaqrEid #Bakrid
A 600,000,000,000++ Rupees Rural economy business.
Read how its a booster injection to India's Rural economy and small time farmers belonging to lower strata.
A 600,000,000,000++ Rupees Rural economy business.
Read how its a booster injection to India's Rural economy and small time farmers belonging to lower strata.
20 crore Indian Muslims celebrated Eid Ul Adha ( aka BaqrEid/Bakri Eid in India), Since 60% out of 4 Crore Muslim Families fall under Middle class to Upper Class, So assuming 60% Muslim will participate in the sacrifice.
Assuming that Sacrificial animals cost 10k/- to 50k/- (Normally) & abve 1Lakh in many cases. For calculation if we take an average price of 25k/- per Family.
2.4 cr × Rs 25000 = 6 Lakh Crore Rs
600,000,000,000
2.4 cr × Rs 25000 = 6 Lakh Crore Rs
600,000,000,000
