Whole of State of Maharashtra including Vidarbha and Nagpur is affected by heavy rain. Shops and Godown in basement and low lining areas are worst suffers. Team CAIT Nagpur had called an emergent meeting on this issue to understand the losses suffer by traders. All the members present were of the opinion that the Govt. should compensate for losses arising due to natural calamity.
National President B.C.Bhartia said that traders have to suffer losses in all the cases whether it is strike, Band , communal violence or natural calamity. However it is unfortunate that Govt. think of compensation for different sectors but the traders are always a neglected lot said B.C.Bhartia.
In the meeting, it was unanimously resolved that Govt. should immediately announce and direct the companies not to deposit post dated cheques issued by traders, as they have no sale to honour these cheques went presented in bank. The traders also demanded that the bank should convert all the out standings in cash credit limit given to these affected traders into interest free term loan to be paid in 12 monthly installments starting April 2020.
 Chariman Gopal Agrawal said that whenever the stock s are insured, the insurance company should release the funds on adhoc basis. Survey and loss assessment can be done later. President Kishore Dharashivkar said that it is necessary to ensure that supplies to consumers are not affected. President of Nagpur Chillar Kirana association Prabhakar Deshmukh said that the retailers are passing through very bad phase. Under such condition loss due to rain will paralyze  the working of small traders. TEAM CAIT Maharashtra Secretary Dyaneshwar Rakshak said that the condition of traders in rural area has worsened. The damages  caused to bridges have cut the connectivity with villages.
All the person present unanimously demanded that looking to the losses caused by heavy rains and in order to ensure the supplies to consumers the Govt. should take above steps immediately.
Those prominently present were Swarnima Sinha, Nikhilesh Thakar, Vinod Gupta, S.B. Bhutolia, Vasant Kumbhare, Rajkumar Gupta, Madhusudan Trivedi, Jayshri Gupta and others informs to General Secretary Farooque Akbani.
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