“How can you expect a person with marriage in his house to go and stand in the queue for hours? That too to get only a paltry sum of Rs 10,000 and less, which ends up serving no purpose whatsoever,” he added.
The wedding season is the time of the year when traders do most of their business but lack of liquidity has led to problems.
Ranging from Rs 5,000 to as high as Rs 51,000, different wedding bands have offered their customers a “one month” timeline for the full payment. But people are not even in the position to pay the advance.
“We understand the pain of our customers. But even I need to pay my workers their salary. I am getting calls but it’s limited to asking about the rates. It’s not fructifying into a deal.
“People are pressed for money, so we are losing out on our business,” says Pankaj, owner of Sindhi Hiranand band in Tagore Garden.
