Kanta Prasad, who made headlines last year after a YouTuber revealed his grim financial condition triggered by the coronavirus pandemic to the world, has shut down his Delhi restaurant that he had opened using the donation money. Reason: poor return on investment.
The Delhi resident, 80, is now running his famous ‘Baba Ka Dhaba’ eatery in the national capital’s Malviya Nagar.
“On an investment of Rs 1 lakh, we only earned Rs 35,000, that is why we shut it. I am happy running my old eatery as the customer footfall is good here,” he was quoted as saying by news agency ANI.
People from across the country had made generous donations to Kanta Prasad after the video – in which he tearfully talked about the loss of business due to the pandemic – went viral.
Mr Prasad, however, says that he will now run his Malviya Nagar eatery till he is alive. He has also planned his retirement.
“I will run this dhaba till I am alive. The day business sees a slump, I will shut it. We have saved Rs 20 lakh for me and my wife from the money we received last year,” he added.
The humanitarian gesture had turned into a massive controversy last year after Kanta Prasad levelled allegations of financial misappropriation against the YouTuber, Gaurav Wasan. The social media influencer had denied the charges.