Offline phone retailers seek relief package

New Delhi: Offline mobile phone retailers have reached out to the government seeking a relief package including moratorium on loans, covid insurance and collateral free loans to support the community pained by shutdown in retail.

In a letter to Prime Minister Narendra Modi, dated May 20, the All India Mobile Retailers’ Association (AIMRA) has urged him to extend relief measures such as interest free moratorium for six months, collateral free loans between Rs 25 lacs to Rs 1 crore with minimum interest and covid insurance worth Rs 50 lakhs at minimum premium.

The body has also sought a stimulus package for retailers to meet their standing expenses and ensure priority vaccination of retailers as frontline workers.