Punjab village opens own mall to beat inflation
Aimed at battling inflation and sub-standard quality of essential goods in the market, a group of enterprising villagers has opened a 'mall' here, selling a wide range of products at attractive discounts.
The mall, named as 'Nanak Hut', situated at about 40 km from the district headquarters, was conceptualised by 10 people of Seechewal village with the help of social activist Baba Balbir Singh Seechewal.
"In the wake of rising inflation and poor quality of products available in the market, 10 people of the village reated a society and kept forth the idea of the mall. For this, we granted them a plot," said Balbir Singh Seechewal, trustee of the organization running the mall.
The secretary of the society, Kulvinder Singh asserted, "We don't compromise on quality of the merchandise. The mall is drawing customers not just from nearby villages but also from cities like Kapurthala."
Talking about the profit margin from such an enterprise, the secretary stated, "We have reduced the profit margins to
5-10 per cent of the cost price, because of which the cu somers are getting them at prices much lower than the listed price or the MRP."
"All items of daily use, including electronics, food items, vegetables, clothes etc are available at reasonable prices under one roof at the mall," he added.
The society aims to earn a profit of just 5-10 per cent of the business, informs another society member.
"We are making a profit of 5-10 per cent that goes into the expenses of electricity bill, carriage charge and employees' salary. The remaining sales proceeds will be donated to the college run by Seechewal for children's education," PS Nauli said.
Seechewal, a popular figure in the village due to his successful campaigns on water conservation in the past, said that they are mulling to expand the venture to other villages of the district.
Polling across 44 districts for the first phase of elections to urban bodies in Madhya Pradesh will begin at 7am today. A total of 1.04 crore voters are expected to exercise their franchise in the first phase of polling, an official informed news agency PTI. Voting will go on till 5pm, he added. Votes will be cast for municipal corporations including Bhopal, Indore, Gwalior, Jabalpur, Khandwa, Burhanpur, Chhindwara, Ujjain, Sagar, Singrauli and Satna.
Even though Mohali district rose by two spots from last year's ranking in the PSEB Class 10 exams, its pass percentage dropped from 99.91% to 99%. Last year, Mohali was placed 17th among the 23 districts. This year, it improved its standing to 15th, with Gurdaspur district bagging the top spot. As many as 9,401 students from 109 Mohali schools appeared in the exams and 9,307 passed.
A 32-year-old doctor allegedly ended his life by injecting himself with a paralytic drug used in anaesthesia at his rented accommodation in Phase 2 on Monday night. The doctor, who hailed from Rupnagar, was living alone in the rented house for the last three months and worked at a private hospital in Sector 34, Chandigarh. The autopsy will be conducted at the Phase-6 civil hospital on Wednesday.
A local court on Tuesday extended the judicial custody of Kalyani Singh, an accused in the murder of national-level shooter and lawyer Sukhmanpreet Singh, alias Sippy Sidhu. Lodged in Model Jail, Sector 51, since June 21, Kalyani, 36, was produced in court via video conferencing. On Monday, she had applied for bail before a local court. Her plea will be taken up for hearing on July 8.
The UT administration's decision to appoint 33 medical officers (MOs) on deputation from Punjab, Delhi and Himachal Pradesh, and none from Haryana has not gone down well with the Haryana government. Highlighting its displeasure through a letter, the Haryana government has urged the UT administration to maintain the 60:40 ratio between Punjab and Haryana while filling up the vacant posts of MOs and dental surgeons. Till then, Haryana had not sent any panel of doctors.