Chikkadapally Federation of Commerce

Co-ordinating and protecting businessmen and consumers’ interests

Business is a fair and complex word at the same time. It is a multi-definitional derivative. Those who put in all their commitment and dedication to earn the confidence and appreciation of the consumers through quality and quantity of service with efficiency can emerge victorious in their ventures. This rule is a line on the stone to follow strictly. May be, some entrepreneurs suffer losses in their endeavours as they ignore this aged old golden rule.

As it was said to be multi-definitional, business or commercial activity is not just a means to eke out a living. It also assists in the all round development of the society. In fact, every sphere of activity meant for earning a living will promote the social standards.

Similar to any other profession, Business too has a continuous cycle of issues and problems interlaced in its day-to-day affairs. The issues include, liaison with government departments, licensing, taxations, discounts to be offered, releasing advertisements on various occasions and scares from ‘self-designated big people’ of the locality. Chikkadapally Federation of Commerce, an associate body of the business and establishment owners’ was formed in the year 1979, to deal with the issues faced by the members in the region. Protecting the interests of the people and consumers besides businessmen forms part of the Federation’s motives.

CFC and its members

The present strength of membership in the Chikkadapally Federation of Commerce is about 500. The stretch of the Federation commences from Charminar crossroads and culminates at the Narayanaguda crossroads. Various business establishments amid these limits are members of the Federation. Renewal of licences, payment of municipal corporation taxes, labour department issues, weights and measures, sales tax and many other works are being taken up by the Federation for the convenience of its members.

For the protection of the shops and establishments beyond business hours the Federation deployed security personnel under its supervision. The vigil of the security cover stretches from 05:00 PM to 05:00 AM regularly. The Federation in the interest of protecting the interests of the consumers in addition to that of businessmen had formed several sub-committees.

CFC’s Sub-Committees

Welfare Sub-Committee

This Sub-Committee was instituted for the welfare of the member businessmen. It is also entitled and empowered to assist and promote of the interests of the business members and their family members.

Security Guards Sub-Committee

This Sub-Committee is for coordination and administration of the security personnel deployed for the protection of the shops and establishments of the members. A meagre amount of Rs 50 per establishment will be collected for the purpose of security guards’ wages and salaries.

Membership Sub-Committee

The Membership Sub-Committee plans and coordinates for collecting the prescribed membership fees from the members and prospective members. The current rate of membership is tagged at Rs 2,000 for life membership in addition to Rs 200 ad admission fees.

Renewal of Licences Sub-Committee

Renewal of trade licences and other such licences would be taken care of by the Renewal of Licences Sub-Committee. This is an amenity provided by the Federation to the members. This Sub-Committee for taking up and completing the renewal formalities collects no charges or consultations.

Rental Grievances Sub-Committee

The disputes and grievances between the landlords and the rented business establishments, those who are members of the Federation would be solved through this Sub-Committee. This Sub-Committee also works for solution when a dispute or litigation arises between the member businessmen and the government.

Emergency Sub-Committee

The Emergency Sub-Committee plunges into action whenever there comes an emergency. The emergencies include fire breaking out in the business establishment; robbery etc., Maximum assistance and relief would be provided to the suffering member and make him cope up with the loss as early as possible.

CFC meets and elections

The Federation working committee meets on a specific date every month. The annual general body meet will be held once in a year. Annual General Body Meeting will be like a outing for the members, for a sigh of relief from the busy routine all through the year, as it will be convened at any one of the prominent places of the state. Elections are scheduled to be conducted once in every two years. The Chikkadapally Federation of Commerce is affiliated to the Andhra Pradesh Federation of Chamber of Commerce and Trade.

Present President’s Profile

Sub-Committees’ Chairmen