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BANKING, TRADE AND COMMERCE
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RETAIL TRADE
A steadily growing volume of retail trade and
the growing number of retail shops were witnessed throughout the
district from the early decades of this century. Formerly, only a
few retail shops, and the periodical markets and the village fairs
featured prominently in retail trade. The extension and
improvement of road and rail traffic made possible the expansion
of retail business in the remote villages of the district.
Gradually the existing shops started dealing in varied goods in a
large volume. The change is, however, more conspicuous in the
urban and semi-urban areas of the district. The population of the
towns of Bhir, Parali-Vaijnath, Ambejogai, Georai, Manjlegaon,
Ashti, etc. has gone up and consequently the number of retail
shops dealing in various commodities has also increased.
Retail shops which provide a link between the consumer and the
wholesaler are located in the various wards and peths of
these towns and cater to the needs of their localities. Their
stock-in-trade is usually limited and is rapidly replenished when
goods are sold out. At some of the wholesale trade centres there
is not much of a distinction between wholesale and retail
business, as a few wholesalers do retail trade. The retailers
usually have dealings with the wholesalers in the town but some
have direct dealings with outside merchants, particularly in the
doth trade. Sales are usually on a cash basis, but the practice of
maintaining running accounts for customers is not uncommon.
Parali-Vaijnath is the most important town of the district in
respect of trade and industry. It serves as the entrepot for the
whole district connected as it is by a broad-gauge rail with
Hyderabad, by a meter-gauge line with Parbhani and the Manrnad
Kacheguda line connecting it with many other places of trade.
Roadways join Parali to the outside trade centres of Nanded, Jalna,
Barsi, Latur and Hingoli. The industrial and commercial activities
attract a large number of people giving rise to considerable
retail trade. Bhir which is the headquarters of the district is
gradually developing industrially. It has a fairly large
population and has a considerable number of retail shops catering
to the needs of its residents. As the Shops and Establishments Act
is not made applicable to Bhir district, a record about the
distribution of various retail shops is not available.
However, a survey of retail trade carried out in the district
gives the following information about them.
Grocery, pan-bidi, cloth, coal and wood and vegetable shops
are numerous and are located in almost all the wards and
localities. A large number of cycle shops (for hire and repair)
are also found.
Shops dealing in medicines, stationery, general merchandise,
sweetmeats and fruits are not so well dispersed as the first
group.
Still other groups, the demand for which is seasonal or less
regular e.g. those selling jewellery, utensils, glass-ware,
hardware, building materials are infrequent. Most of these are
concentrated in particular localities. The concentration of shops
selling mutton and fish in a few places is mainly due to
restrictions imposed by the local authorities.
Retail shops of every category are not found in small villages.
But those dealing in goods of the daily consumption such as
grocery, cloth, wood and fuel, pan-bidi are found even in
the distant villages. Sometimes they do composite business
involving a sale of a variety of articles.
Trade at most of the retail shops is generally brisk from October
to June reaching the peak during festivals. The value of the
stock-in-trade depends on the business and varies considerably
from a couple of hundred rupees to scores of thousands in case of
a distant village and a busy town respectively.
Retailers generally buy from the wholesale trade centres in the
district or directly from outside centres. Grains are brought from
Parali-Vaijnath, Dharur, Barsi, Kalamb, Nanded, Nagpur, Poona and
Latur; cloth from Sholapur and Bombay, and from Ichalkaranji,
Nagpur, Hyderabad, Poona and Jalna; hosiery, woollen goods and
ready-made clothes from Ludhiana, Bombay. Hyderabad. Poona and
Bangalore; stationery goods and books mainly required by school
children from Latur, Parali, Bombay, Barsi, Poona and Jalna;
fruits from Nagpur, Nasik, Parbhani and also from local markets.
Flowers and vegetables are mostly obtained from the adjoining
local areas. The drug shops in the district mainly sell ayurvedic
and unani medicines. These
are brought from Jalna, Nasik, Nagar, Bhusawal, and Panvel.
Allopathic drugs are acquired from Aurangabad, Jalna and Bombay.
The retailers mostly carry on their business on credit, and pay
the wholesalers when the goods are sold out. In some cases the
adtyas (commission agents) arrange for money on commission
basis. Except at a few places in the district like Bhir,
Parali-Vaijanath and Ambejogai, the lack of banking facilities and
cooperative credit and absence of storage facilities have affected
the retail trade. Inadequacy of all-weather motorable roads
joining rural places and absence of any agency for the
dissemination of market news also affect the retail trade.
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