Bhopal: With Diwali just round the corner, people are now on shopping spree giving much needed respite to the traders who have been facing the GST and Demonetisation Blues.
The marketplaces are bustling with activities as enthusiastic shoppers are thronging it to add colour to their celebrations. As the people head to marketplaces in the state capital to buy everything from vehicles, gold, silver jewellery to household goods, a sigh of relief can be seen on the faces of the shopkeepers. Government’s decision of note ban and the new tax regime has dampened the markets. The move had directly hit scores of traders, but the Diwali sales now have cheered the markets.
The traders hope that in coming days the sales will pick further and it will give boost to the market. Besides the recent announcement of the finance minister Arun Jaitley about bringing down the tax bracket for many items have also given fillip to the market. Prateek Parate, a student at UIT-RGPV who came for shopping said that the relief was provided just before the time of Diwali. Although, the relief was for the small and medium enterprises and other businesses but its Diwali time and the festival to celebrate so it’s time to start shopping, he said. “Earlier we used to go to our native place to celebrate but this time it is not possible as my sister is preparing for her board exams, so we are sending packets of sweets and namkeens to our relatives. We came here to shop for the same” he added.
Anshi Singhal, working at a private organisation, who came for purchasing imitation jewellery items, said that following the GST council meeting, taxes on many items have been reduced and so we are purchasing jewellery to match them with our clothes”, she added.
In the new market area of the city, a large numbers of people were seen shopping for the festival, while the shopkeepers were seen entertaining their customers. The parking spaces were also full and the people had to look for alternate places to park their vehicles.
With customers rushing to the market to purchase items, the traders, businessman and shopkeepers may hope that the market will revive to some extent.