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Traders face economic stress, survival very difficult: KEA Chairman

LCT Desk by LCT Desk
May 31, 2021
in News
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Jahangir Sofi

Srinagar, May 31: Chairman Kashmir Economic Alliance (KEA) Mohamad Yaseen Khan Monday said the traders and businessmen are under severe stress, and it is good for the people associated with the trade to open up their business establishments as per the guidelines issued by the authorities.
“However, if we see these relaxations in the context of commercialization, this is not going to make any impact. People from the trade, business, transport owe money to banks, their suppliers and the economy has been on crippling end, which makes survival very difficult,” he said.
Khan said the immediate remedy would be the assistance from the government, “but given the ongoing pandemic situation, we want to wait till Covid situation stabilizes and we will come up with our demands and submit the same to the government.”
“Even if the trade and business is allowed to work on all week days, we are on the receiving end, unless there is no capital infusion in the market,” he said.
While speaking about the Covid-19 vaccination certificate for the shopkeepers, Khan said, most of the shopkeepers and business establishments owners and their staff have taken the vaccination shots.
“There should be a one more vaccination drive for the left out people, and the drive for the City centre traders, businessmen and shopkeepers should be held in Pratap Park Srinagar, likewise the drive should be held for the traders and shopkeepers of downtown and upper town area as well,” Khan said.

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