Eidul Azha a source of financial activities too
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Eidul Azha is not only a religious festival but also a source of great economic and welfare activity.
According to 24NewsHD TV channel from Rs 600b to 700b economic activities are likely on this Eid.
More than 2.5 million cows, over 3.4 goats, 1 million oxen and 1.2 million camels are expected to be slaughtered/sacrificed in the county.
The rural economy is cited as the ‘major beneficiary’ while the event also provides ample opportunity for butchers, transporters, day labourers and vendors.
People dealing in stuff like knives, spikers, mats, baskets etc are too among the stakeholders.
The event also involves the persons associated with the leather industry and according to experts, from 70 to 75 lakh hides are likely to be collected this year,
Leather exporters say that more than 30 per cent of hides are wasted across the country due to a lack of awareness.
Reportedly, hundreds of farmers and villagers camped at livestock markets in the major cities across the country. The business will continue till the third day of the festival.
