Business Standard

TRADERS OUT ON A LIMP

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Leather, wooden furniture markets in Mumbai, Delhi had seen 10-50% fall in sales Gujarat’s ceramic tiles clusterin Morbi, too, saw 50% decline High taxrate of 28% deprived traders from making the most of festive season Production expected to resume at Morbi’s~ 30,000-crore tiles cluster Price disparity between organised and unorganise­d players set to reduce Only half of 2,200 traders in Morbi registered At lowerrate of 18%, unorganise­d traders likely to join formal sector

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