Dominiack Law Group

Main Menu

  • Home
  • Stock dividend
  • Liquid market
  • Year’s Maximum Pensionable Earnings
  • Import surveillance
  • Capital

Dominiack Law Group

Header Banner

Dominiack Law Group

  • Home
  • Stock dividend
  • Liquid market
  • Year’s Maximum Pensionable Earnings
  • Import surveillance
  • Capital
Import surveillance
Home›Import surveillance›Offline Phone Retailers Seek Backup Plan, Telecom News, ET Telecom

Offline Phone Retailers Seek Backup Plan, Telecom News, ET Telecom

By Michaela Ezzell
May 22, 2021
52
0



New Delhi: Offline mobile phone retailers have contacted the government for a relief package that includes a moratorium on loans, covid insurance and unsecured loans to support the community grieved by the retail shutdown.

In a letter to Prime Minister Narendra Modi, dated May 20, the Mobile Retailers Association of India (AIMRA) urged him to extend relief measures such as the six-month interest-free moratorium, zero-interest loans. guaranteed between Rs 25 lakes and Rs 1 crore with a minimum interest and a covid insurance of a value of Rs 50 lakhs at minimum premium.

The organization also sought an incentive program so that retailers could cover their ongoing expenses and ensure priority vaccination of retailers as frontline workers.

Retailers claim that the mobile phone industry is being pushed to the brink of bankruptcy due to unpaid expenses such as rentals, utility bills, bank interest and taxes, etc.

In addition, the uninterrupted delivery of non-essential products by e-commerce companies has created an unfair level of competition that keeps sales away from the offline channel.

“While the retail business remains closed and closed, these e-merchants sell and deliver non-essential products, creating an opportunity to gain customers, reducing demand for retail forcing them to close, which can lead to huge unemployment. Said Sunil Gupta, President of the State. , AIMRA Rajasthan in his letter.

The organization, representing nearly 1.5 lakh of independent mobile phone retailers across the country, reiterated its position not to treat mobile phones as essentials as opposed to demand from phone brands and platforms. forms of e-commerce like Amazon and Flipkart.



Related posts:

  1. Satellite tv for pc Payload Market Analysis Report: Cagr Standing, Trade Progress, Tendencies, Evaluation and Forecast to 2027 | Airbus Group, Raytheon Firm, Thales Group, Lockheed Martin Company, Honeywell Worldwide Inc., and many others. – KSU
  2. CCTV Tools and Companies Market Evaluation and Demand with Forecast Overview to 2026
  3. Complete Report on Coastal Surveillance Market 2021 | Measurement, Progress, Demand, Alternatives and Forecast to 2027
  4. Main Firm Evaluation of the Evening Imaginative and prescient Surveillance Digital camera Market 2027

Recent Posts

  • Haverty Furniture Increases Quarterly Dividend by 12%; Good income Pay shares to buy?
  • ESG Investing and Money Market Funds – Strange Companions or a Good Match?
  • MACAU DAILY TIMES 澳門每日時報 » Real estate agency charged with multiple crimes beyond TNR quota
  • The Gabelli Equity Trust Inc. (NYSE:GAB) plans quarterly dividend of $0.15
  • Smart Pigging System Market Expected to Be Worth Over USD 863.31 Million by 2027: Fior Markets

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • July 2020
  • May 2020
  • April 2020
  • March 2020
  • January 2019
  • December 2018
  • May 2018
  • December 2017
  • November 2017
  • March 2017
  • November 2015
  • September 2015

Categories

  • Capital
  • Import surveillance
  • Liquid market
  • Stock dividend
  • Year's Maximum Pensionable Earnings
  • TERMS AND CONDITIONS
  • PRIVACY AND POLICY