Traders say that they have already stocked a large amount of goods keeping in mind the festivals like Navratri, Dussehra, Diwali and Chhath Puja. For this, many businessmen have taken loans and have also taken loans from banks. In such a situation, you may have to suffer financial loss due to affected sales.
Traders organizations have appealed to the government and the protesters to respect the right to protest and make such arrangements so that it does not have an adverse impact on the markets and business. Traders have also appealed to Prime Minister Narendra Modi, Chief Justice of India and Congress leader Rahul Gandhi to intervene.
Ajay Banarasi Das Gupta of Vyapar Mandal said that during festivals, traders prepare for the whole year. They prepare stock of goods by taking loans from banks so that they can earn from sales during festivals and meet their expenses along with taking care of the family.
He alleged that the opposition movements, especially the ongoing protests led by Rahul Gandhi, are creating such an environment which is affecting the movement of customers in the markets. Customers are reluctant to come to the market and traders are facing difficulty in supplying goods and fulfilling their orders.
Gupta said that Delhi is a major wholesale trade center of the country, from where goods are supplied to different parts of the country. Major wholesale markets like Sadar Bazaar and Naya Bazaar are also likely to affect the number of traders coming from outside. There is concern among businessmen of other cities about the situation in Delhi, due to which they are avoiding coming for shopping. He feared that if this situation continues, traders may have to suffer financial losses for a long time.
He said that in this regard an appeal has been made to Prime Minister Modi to intervene and the Chief Justice of India to take cognizance of the matter. He clarified that no one has any objection to holding protests, but for this, such a place should be chosen where the business of traders does not suffer.
Vikram Wadhwa, General Secretary of Delhi's New Trade Association Connaught Place, said that there is an appeal to all the protesters and the government that the protests should be held at such a place that the business is not adversely affected. He said that this is the festive season and shopkeepers have already stocked the goods in anticipation of sales.
Wadhwa said that if the sale does not happen, traders will be hit twice. On one hand the expenses of the shops will continue, while on the other hand the income will be affected. Along with the businessmen, the government can also suffer loss of revenue because GST is paid on the goods only when they are sold. Just as it is the right of people to protest, similarly it is the right of businessmen to do business.
Mohan Singh Palace Association Vice President Vinod Srivastava also appealed to all political parties to keep in mind the impact on traders during the protests. He said that protesting is a fundamental right and every person has the right to raise his voice, but this should not affect the livelihood of businessmen.
A businessman not only supports his family but also provides employment to about ten people. Along with the salaries of the employees, he also has to bear expenses like electricity, water and maintenance. Due to the ongoing protests in Delhi for the last few days, customers are not able to reach the shops due to closure of nearby roads.
Appealing to the government and the protesters to find a solution soon, he said that the festival season is an important time of sales for businessmen. If sales are affected during this period, traders may face difficulties in meeting their expenses.
Federation of Trade and Industry of India (FTII) National President Sanjay Bansal said in Jammu that amid the current global economic conditions, it is necessary to protect India's economy and trade from loss. He also raised the question who is behind the attempts to spread instability and anarchy in the country and it should be investigated.
Bansal appealed to Leader of Opposition in Lok Sabha Rahul Gandhi to end the ongoing opposition protests in Delhi or change their course. He said that during festivals, traders from all over the country come to Delhi for shopping and from here goods are sent to different states. Traders have stored stock worth crores of rupees in their shops and warehouses, but due to the current circumstances, it is coming to light that the movement of traders coming from outside will be affected.
He said that many businessmen are under pressure of bank loans. If their stock does not sell and business continues to be disrupted, they may face difficulty in repaying the loan. This may also affect bank accounts and the financial risks of banks.
A place like Ramlila Maidan is available for demonstration, where protesters can peacefully put forward their demands. It is a right to protest, but traders should be kept away from it, so that their business does not suffer.
Sanjay Bansal told that after sending the letter to Rahul Gandhi, he has also written a letter to the Prime Minister and the Chief Justice of India requesting them to intervene in the matter. It will be difficult for small and medium traders to bear the situation of business being affected for a long time. He expressed apprehension that if traders do not sell their stock, their financial condition may deteriorate and it may also impact the broader economy.
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