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Home TOP NEWS

Shopkeepers complain sluggish sales ahead of Eid

Press Trust of india by Press Trust of india
June 14, 2018
in TOP NEWS
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Sluggish sales in Kashmir markets ahead of Eid
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Srinagar, June 13:  The markets in Srinagar and elsewhere in Kashmir have put on their best look to woo customers but the sales remain sluggish even as the Eid-ul-Fitr is being celebrated this weekend to mark the end of holy fasting month of Ramazan.

The markets have been specially decorated and the shops have lined up their merchandise in the hope of doing brisk business ahead of the Eid, which will either fall on Friday or Saturday depending on the sighting of the crescent.

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However, the general business sentiment in and around the Lal Chowk business hub is sluggish.

“The only shops which are making some worthwhile sales are bakeries and confectioneries. Rest of the shops in Lal Chowk, Residency Road and adjoining areas have not seen much activity with just two days to go for Eid,” Iftikhar Ahmad, a financial consultant, said.

Parvaiz Ahmad, a ready-made garments dealer, said the sales have been down since demonetisation exercise carried out in 2016 and implementation of GST this year.

“Before these two steps were taken by the government, people would spend handsome amounts on Eid. The spending now is limited as many things have become expensive after GST,” Ahmad said.

Gonikhan market, which is popular for women and children items, is usually jam packed with customers a week  ahead of Eid. However, this year the sales are not as brisk.

“I used to some additional manpower to help with sales on Eid but since last year, that is not the case. My regular staff is able to handle the flow of customers,” Shabir Ahmad, a shop-owner, said.

This year the positive thing has been the largely diminished presence of beggars on the  city streets.

The number of beggars, who would swarm Srinagar from all parts of north India during Ramazan, fell by a large extent after Deputy Commissioner Srinagar Abid Rashid issued an order, warning them of arrest.

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