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Balijatra: Business affected due to demonetisation

Demonetisation effect on Balijatra

Cuttack: The demonetisation move by the Modi government has adversely affected the business of the traders from across Odisha and other parts of the country at the grand trade fair of Balijatra. With most of traders still having old currency notes, the mega event in its second day appeared to have lesser footfall and poor business.

It is always seen that the real rush at Balijatra begins from the second day. But this year the scene is quite unusual. Operational Resource Management Assessment System (ORMAS) secretary, Srikant Choudhury said that the business turnout in the last two days is much less as compared to the last year. Previous year they had made a business of more than 40 lakh on the opening day where as it is less than Rs 17 lakh this year on the first day of the event. Ananda Mohanty, a stall holder of ORMAS said that, first with the National Green Tribunal (NGT) objection, the traders were somehow disheartened. Even after NGT clearance most of the stalls are still not opened. He further said that they are not accepting the banned notes from any of the customers. As per sources, a total of 1408 stalls have been set up this year, of which, about 200 stalls are yet to open.

On the other side, Tehsildar, Sanjeebata Ray has said that adequate measures have been taken to ensure that traders do not face any problems while conducting business. A coin vending machine and ATM counters have been set up alongwith facilities to exchange demonitised currency. Elaborate police arrangements have also been made to maintain law and order situation.

The eight-day mega event is slated to finish on November 21.

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