Allow markets to open from June 1: NVCC
   Date :27-May-2021

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Business Bureau :
 
The NVCC delegation also urged the Government to provide a relief package to the traders to overcome the economic crisis. A copy of the representation was also sent to the Chief Minister of Maharashtra Uddhav Thackeray, Deputy Chief Minister Ajit Pawar and Guardian Minister Nitin Raut 
 
A DELEGATION under the leadership of Ashwin Mehadia, President of Nag Vidarbha Chamber of Commerce (NVCC) recently met the District Collector Ravindra Thakare and the Municipal Commissioner Radhakrishnan B. In the meeting, Mehadia handed over a memorandum requesting them to allow all markets in the city to open from June 1. The NVCC delegation also urged the Government to provide a relief package to the traders to overcome the economic crisis. A copy of the representation was also sent to the Chief Minister of Maharashtra Uddhav Thackeray, Deputy Chief Minister Ajit Pawar and Guardian Minister Nitin Raut. Mehadia said that due to coronavirus pandemic, the business community in Maharashtra are facing the financial loss because of the lockdowns from last year. Due to closure of markets the traders of the city are disturbed. The business community has become mentally ill due to economic troubles and challenge of survival during this prolonged lockdown period.
 
He said that the traders play an important role in the economy. The traders supply the goods manufactured by the industries to the consumer and fulfill their requirements. Also, the business community collects tax through trade and deposits it in the Government treasury. The Government functions on the tax collected by the traders. “If the trade remains closed, then how will the tax be paid? Why is the entire ban only for the business class? The industry is allowed to manufacture goods, but if the wholesale and retail markets are closed, then where will the sale of goods take place,” Mehadia pointed out. Apart from this, due to the closure of business for the past 3 months, the business class is unable to pay salaries to its employees. “The employees associated with the traders are also facing financial crisis. Paying house rent and rising day-to-day expenses are also becoming a huge burden on the employees. The employees and their families are on the brink of starvation,” he said.
 
The administration should allow the business class to start economic activities. At the same time they should announce a financial relief package for the traders to recover from the financial losses they have incurred because of the lockdown, Mehadia said. Joint Secretary of NVCC Umesh Patel said that the rainy season would start from the month of June. Due to the closure of shops for 3 months, there is a risk of damage to the goods due to moisture. If the goods of the shops are spoiled due to rain, there will be a huge financial loss to the traders. This will make it even more difficult for the traders to get out of the financial crisis they are in. “The trade may not end with the coronavirus pandemic but would end by the financial constraints due to the lockdowns, he further said. Joint Secretary of the Nag Vidarbha Chamber of Commerce Swapnil Ahirkar said, “Due to the efforts of the businessmen, public and administration the number of infected patients in Maharashtra and Nagpur is decreasing day by day and more number of patients are being cured. Therefore, the Government should allow business class to carry out economic activities by opening markets with specified rules”.