Special Correspondent

TIRUCHI: The Tamil Nadu State conference of traders held here on Wednesday urged the Centre to give up online trading, which has become a `gambling' and causes spiralling of prices of all commodities. The Centre has allowed online trading as it gets huge amount of service tax at various stages and it has affected the common people who are paying high price for all the commodities.

This was one of the resolutions adopted at the 27 {+t} {+h} Traders Day State conference organised by the Tamil Nadu Vanigar Sangankalin Peravai presided over by T.Vellaiyan, its State president. The Thousands of traders from all over the State attended the conference.

The conference urged the State government to take steps for printing all the details in Tamil in bold letters in all the packaged commodities to enable common people to understand easily the contents.

All the commodities should be packed in 50 grams, 100 grams, 200 grams, 250 grams, 500 grams and one kg.

The conference requested the government to exempt tax for business turnover of Rs.50 lakh for the small traders against the present level of Rs.10 lakh as per the VAT Act.

By another resolution, the conference wanted the government to revamp the Traders Welfare Board to enable even small traders to become members.

Roadside merchants

By another resolution, the conference requested the government to safeguard the interest of roadside merchants and roads could be widened without affecting the traders.

It condemned the Centre's move to permit foreign direct investment (FDI) in retail business which would affect more than six lakh traders in Tamil Nadu alone.

Power supply

Regarding power supply in the State, the conference stated that the power cut had affected the industries and business establishments and several industries were on the verge of closure. The reported sale of expired medicines and fake medicines had damaged the reputation of several traders and merchants recently, it added.