Lockdown-hit traders turn to govt for aid

  • | Friday | 14th May, 2021

They urged the Centre to waive the interest on loan amount for the first quarter of the current fiscal. Besides, the state government has also been requested to waive minimum/fixed charges in electricity bills.

The Covid-induced lockdown has hit the industrial units as well as markets of the district hard, due to which traders and industrialists are now eyeing the government for financial relief.

They urged the Centre to waive the interest on loan amount for the first quarter of the current fiscal. Besides, the state government has also been requested to waive minimum/fixed charges in electricity bills.

“Trade has been affected badly due to the lockdown. We request the Centre to waive at least the interest on the loan amount for the three months – April, May and June,” said Manoj Arora, president, Karnal HSIIDC Industrial Welfare Association.

He said industrialists and traders were looking towards the government for relief.

Som Sachdeva, honorary secretary, Karnal Agricultural Implements Manufacturer Association (KAIMA), said the industry was reeling under stress due to the Covid-induced lockdown. The district’s industry caters to 60 per cent demand of the country for sowing implements. The current days are considered a part of the peak season period, but industrialists are not getting any orders. Their implements are piling up on their premises. In such circumstances, the industrialists are not able to feed their workforce.

“The Centre should extend a helping hand to the industrialists and traders. The interest on loan amount as well as the power charges should be waived,” he added.


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