Mumbai: The Federation of Retail Traders Welfare Association (FRTWA) on Sunday said that it was not participating in any ‘Bharat Bandh’ called by political parties on Monday.
“We shopkeepers have wholeheartedly supported the decision of Prime Minister Narendra Modi to eradicate black money and fake currencies, and fight terrorist activities,” the federation said in a statement.
Though due to shortage of currencies in the market, business was down, the traders were all optimistic and positive that there would be an improvement in the scenario once things became normal, the statement said.
“We are hopeful that the Prime Minister and the Finance Minister are monitoring the situation and some measures and attractive tax incentive package will be announced shortly to improve the situation,” it further said.
The traders were unanimous in their view that all those who have huge amounts of black money must suffer and have nightmare. People were ready to face this crisis situation and were hopeful that, within a few weeks, situation would get better for businesses and the economy.
“By participating in the bandh, we are putting people more into inconvenience… We condemn such bandh calls by political parties. Instead of calling bandhs, political parties should come together and solve this emergency and crisis situation on ground level,” the federation said.