MAPUSA: The Chairperson of the Mapusa Municipal Council met with members of the Mapusa Merchants Association to discuss concerns regarding a proposed increase in shop rent.
Citing possible negative effects on their businesses, the association expressed their collective opposition to the rent increase.
At the meeting, the Mapusa Merchants Association representatives communicated that the proposed increase in shop rent is not considered beneficial for their long-term financial viability.
They outlined the difficulties that companies confront, particularly in light of the present economic situation, and emphasized the possible consequences of raising rent.
The association took a strong stand and gave the Municipal Council an eight-day window to review its decision.
In the event that a favorable outcome is not reached within this period, the vendors have sent out a strong warning that they will have no choice but to shut down the market in protest.
Within the Mapusa business community, a wave of urgency and concern has been generated by the proposed rent increase. Merchants are looking for a cooperative and friendly resolution with the municipal authorities.
Choosing a course of action will definitely depend on how well both sides navigate talks and negotiations to balance the interests of the merchants and the municipal administration over the course of the upcoming week.