Vysyas demand State Government to setup Vysya Corporation with a corpus of Rs 1000crore

Hyderabad, March 26, 2018. Vysyas demand State Government for the creation of Vysya Corporation which has been a long-pending. Vysyas-1, Telanganan Vysya Corporation Sadhana Samithi which met in the city on Sunday at Musheerabad in the state capital said we the 40 lakh plus Arya Vysya community residing in the state of Telangana have been appealing to the State Government to setup Vysya Corporation on the lines of Brahmins and Most Backward Classes

Holdingplacards stating “We demand Vysya Corporation” they raised slogans at themeeting. 

We haveexpected budget allocation for the same but we are disappointed stated theVysya-1 in the press note issued in the city today. 

Though 40per cent taxes in this country are paid by Vysyas, the community has many poorpeople. Who make their living by doing small and errand jobs.  VysyaCorporate will help these poor people. 

Arya Vysyasconstituted 10 per cent of the State population, and the trader community hasbeen contributing thousands of crores by way of taxes. As we are considered anupper caste, we lacked proper share in education and employment and politicalrepresentation, the release stated 

Thecommunity’s main demand is to the establishment of an Arya Vysya DevelopmentCorporation with a corpus fund of Rs 1,000 crore, low-interest loans,scholarships and loans for higher education to the economically poor Arya Vysyas.

 Accordingto few community elders, K Chandra Sekhar Rao, Chief Minister of Telangana hasresponded favorably to the community’s representation demanding for the same.The community was eagerly waiting for the announcement. But, they are nowdisappointed a lot. On the contrary, Andhra Pradesh Government allocated Rs30crore.  Chandra Babu Naidu has responded favorably and said thatthey had been working out modalities. Similarly, we expect Telangana State todo the needful.  

Thoughtraditionally Vysyas are traders, due to globalization and e-commerce andonline business many traders have been facing difficult time for theirsurvival. If is for them such a corporation is needed. So that will get somesupport. 

Vysyas canbe deciding voting bank in many constituencies in Telangana.  Vysyaswant every political party to allocate 10 per cent of seats to Vysyas.  

It is PottiSriramulu, a Vysya who died fighting for a separate Telugu State.  Itis Mahatma Gandhi who fought against British and got India itsIndependence.  

A lot ofVysyas got affected due to e-commerce and new-age economy.   Somany believed that they would be displaced the traditional Baniya stronghold ofbusiness.  But, some Vysyas managed well and also dominated the neweconomy.  India's leading e-commerce companies like Ola, Myntra,Flipkart, Snapdeal, Ola, Naaptol, Yebhi were founded by Arya Vysyas.  

Vysyascontribution to the state and the nation on all fronts is the best.  But,still many poor people live in this community. They need help. Hence, Vysyas—1,Telangana Vysya Corporation Sadhana Samithi once again appealed to the stategovernment to respond positively and establish Vysya Corporation. 

 TheVysyas—1, Telangana Vysya Corporation Sadhana Samithi would like to intensifytheir demand in coming days to put pressure on the state government to achievetheir goal.


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