The Confederation of All India Traders (CAIT) has reiterated its demand for formulation of a Work from Home policy by the Union Government and has requested Prime Minister Narendra Modi to direct concerned Ministry & Authorities to formulate rules and regulations for Work from Home concept of working to make it hassle free, increasing productivity, working efficiency and concrete for a better tomorrow . CAIT national secretary general Praveen Khandelwal and national secretary Suresh Sonthalia in said that the COVID-19 has brought a new business model in India and over the globe, the Work from Home, (WFH) model, which has evolved on its own, has proved to be a successful working model throughout the country. It has accelerated the transition from work in office spaces to working remotely in adverse situations. Not only the Corporate or Industry sector but even the self organised sector consisting of small businesses has too embraced the virtual work world. This model which has the capabilities to reduce the infrastructure cost considerably along with many other benefits is certainly going to stay even after the COVID crisis is being resolved. It has become an integral part of trade and commerce.
Khandelwal and Sonthalia further said that as per an estimate about 17% of expenses of any Company is considered to be a cost to Infrastructure and as such Work from Home concept makes companies a saving of about 12% from infrastructure cost.as remaining 5% cost is attributed to maintaining and running the office infrastructure. Moreover, it helps in reducing traffic on the roads as it also minimizes load on public transport and reduces pollution to a greater extent.
During the Covid , this model has been adopted by one and all including Government, Banking Sector, Trade, Industry, Health services, Educational sector, Media, Entertainment, Insurance, Financial Services and various other sectors. Not only one to one communication but even the national & international events, conferences , meetings, AGM of Organisations and various other events including political rallies were organised in the virtual world which speaks of the high success of the model and its adoption and acceptance by the people. It can be considered as the single innovation of the century which has the capacity of not only reducing the cost, saving hours of manpower energy and fastest execution of work.