BANKING TRADE AND COMMERCE

ASSOCIATIONS OF TRADERS

With the advancement of trade and commerce in the district, it was felt necessary to have organised associations to deal with the various problems faced by the trading community. These associations primarily aim at solving problems of the traders vis-a-vis the governing authorities, making available to individual traders various facilities and promoting security and stability to their trade.

The associations of traders in this district, however, never deve-loped beyond limited dimensions. The field and range of their activities was always limited to a small area. The following are the names of such associations. (1) The Kirana and Bhusar Merchants' Association, Karad, (2) The Cloth Merchants' Association, Karad. (3) The Saraf Association, Karad, (4) Kirana and Bhusar Merchants' Association, Lonand, (5) Traders' Association, Koregaon.

The Kirana and Bhusar Merchants' Association, Karad, is a registered association and was established in 1958. The Cloth Merchants' Association was established in 1956 but was not registered till 1961. The Saraf Association, Karad, is the oldest one in this district. It was established in 1935 and registered in 1952 under the Trade Unions Act. The remaining two associations are not registered, and they function only as advisory bodies giving guidance and promoting a sense of security and stability among the traders of the respective trades.

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