HomeNewsBusinessTourism shortfall has a ripple effect on Daman's small businesses

Tourism shortfall has a ripple effect on Daman's small businesses

GST led to prices of goods going up, but dwindling number of price-sensitive tourists has led to more troubles for local businessmen

April 22, 2019 / 18:52 IST
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One of the shop owners in Daman
One of the shop owners in Daman

The Indraprastha Market on Devka Beach Road in Daman wears a deserted look on a Monday morning. What was once a hub of tourists from nearby regions now barely has any footfall in the summer months.

A few kilometres away, Dubai market near the Nani Daman beach also presents a similar picture. This market, considered the epicentre of shopping in the Union Territory of Daman and Diu, is facing the impact of e-commerce firms taking away business on one hand, while goods and services tax (GST) is impacting prices of products.

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Till about three years ago, there was not even an inch of space for shoppers to walk in both these locations. Now, either shops have been permanently closed or have a pile of overstock goods.

Ameen Akhtar, the owner of half a dozen markets on the Nani Daman beach road, said the government has been unable to do anything significant to attract the young population.