AIMRA Urges Government to Provide Relief Packages for Offline Retailers

The Covid-19 crisis hit India in 2020 and, ever since then, the country has been struggling with the pandemic. During the first wave, the lockdown was implemented, which resulted in zero sales in multiple sectors, be it tech or auto. The second wave of the pandemic, which came in March of 2021, has had severe effects within the country.

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To maintain services, telcos such as Jio, Airtel and Vi recently decided to provide certain packages to people in the lower sections of society so that they are able to maintain connections with their loved ones in these troubled times. It seems that the need for such packages is gravely increasing, as is evident by a recent letter that was released.

Offline Retailers Ask For Relief Packages

Offline mobile phone retailers have seen reduced sales over the last few months due to increased curfews and lockdowns that have restricted travelling. To stay afloat, these retailers have reached out to the government of India seeking a relief package that includes a moratorium on loans, collateral-free loans and covid insurance to support this community that has seen a massive reduction in income.

In a letter addressed to the Prime Minister of India, Mr Narendra Modi, dated May 20, the All India Mobile Retailers’ Association or AIMRA has urged the prime minister to extend relief measures like collateral-free loans between Rs 25 lakhs to Rs 1 crore and an interest-free moratorium for six months as well as covid insurance worth Rs 50 lakh for a minimum amount.