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Demonitazation effects trade fair

The post demonitazation woes continue to surround every business segments of the society. The exhibitors of the ongoing national trade fair at the Bordoloi Bhawan premises of Tangla registered their grievances when this correspondent visited them. The trade fair which has kick started from December 2 and will continue till December 15 has nearly 50 stalls. The trade fair has been organised by an Non-Governmental organisation NEECO .

A considerable regional organisations representing different states of the country are debuting in the fair. Ranging from winter clothing, jewellery, cosmetics, kitchen wares, footwear, home decors, toys, gaming products, handicraft and handloom products stalls are on display. "We sell Kashmir handloom products from normal winter shawls to costly Pashmina shawls ranging from Rs. 400-10,000. Our sales have been effected by the demonitazation. Owing to it we are still accepting the scrapped demonitized notes.", said Sheikh Riyaz a stall owner.

"We are not accepting old scrapped notes as to avoid the hassle of depositing them in banks. The sales have been hit after demonetization ", said a handloom products stall owner Tankeswar Deka.

While Tanvir Ahmed who has stall of blankets ,curtains and Rajasthani footwears said ,"As our buisiness have registered loss post demonitazation we are still accepting banned 500 notes but not 1000 ."

Another stall owner of Radhakrishna Pickle store from Kolkatta Sujit Sen said,"We are facing shortage of lower denomination notes as we are not accepting scrapped notes. And most people give Rs.2000 rupees notes. Another stall owner from Kolkatta exhibiting tangail and tant sarees is also facing shortage of lower denomination notes.

However the eatery stalls said that though the sale is low,but people mostly pay in power denomination notes.

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Shajid Khan's picture

Recipient of The Annual Colosseum Awards 2014 & 2015 (by The Assam Tribune group), Shajid Khan is an Independent journalist based in Assam. He has contributed numerous political, socio-political stories for bountiful national,international as well as Assam based publications including The New York Times,Firstpost,The Telegraph. He also pens down analytic commentary on print and web based publications.

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