Sunday, April 20, 2025

ACCI demands inquiry to assess losses

Date:

Share post:

Itanagar: Taking exception to the damages caused to a number of business establishments in the Capital Complex during Tuesday’s 12-hour Papum Pare district bandh, the Arunachal Chamber of Commerce & Industries on Thursday condemned the anti-socials for their mindless acts.

In a release here ACCI particularly condemned the loot of valuable merchandise from BB Plaza here, causing huge losses to a number of unemployed local youths who had set up shops on loans from banks and other central government schemes including PMEGP.

It further pointed out that the traders stand up for genuine causes of the people of the state and donate generously to numerous organizations. But such vindictive attitude towards the business men would spread fear psychosis among them discouraging them to run their shops while sending a wrong message to outside investors. The ACCI said the state government ‘completely failed’ in providing security and safety to the traders and their establishments during any agitation.

”Interestingly, the traders down their shutters during all bandhs out of compulsion to save their establishments but they are the first to be victimized for none of their fault and suffer huge losses,” the ACCI said.

It demanded a proper inquiry to asses the total losses caused by vandalism and adequate compensation be paid immediately to the traders. (UNI)

Related articles

Andhra Pradesh issues notification to fill posts of 16,347 teachers

Amaravati, April 20: The Andhra Pradesh government on Sunday released a notification for conducting a 'Mega District Selection...

Three killed as torrential rain, landslides wreak havoc in J&K’s Ramban

Jammu, April 20:At least three people were killed by a heavy hailstorm and multiple landslides in Jammu and...

Over 33,000 challans issued for vehicles without high-security number plates in Gurugram

Gurugram, April 20: The Gurugram Traffic Police intensified a crackdown on traffic violations, issuing 33,757 challans between April...

Murshidabad violence: Prime suspect in man-son murder to be produced in court today

Kolkata, April 20:Ziaul Haque, alias Chacha, the key conspirator in the murder of a man and his son...