2.5 Lakh Shops Shut, Delhi Traders Suffer Rs 10,000-11,000 Crore Loss During INDIA Bloc’s Ramlila Rally, Claims CTI Chief

Several shops at Delhi's Connaught place were seen closed during Opposition-led INDIA bloc's rally at Ramlila Maidan to protest against SIR.

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Delhi's trading sector suffered an estimated loss of Rs 10,000-11,000 crore due to disruptions caused by the INDIA bloc rally at Ramlila Maidan, Chamber of Trade & Industry (CTI) Chairman Brijesh Goyal claimed on Sunday. Goyal said around 20 to 25 major markets in the vicinity of the rally venue were affected, with approximately 2.5 lakh shops remaining closed out of the nearly three lakh shops in these markets.

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Speaking about the impact on traders, Goyal said the closures were largely due to panic over the expected arrival of a large number of people and vehicles for the rally.

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“Due to the rally held at Ramlila Maidan today, about 20 to 25 major markets in the vicinity were affected. These historic markets house approximately 3,00,000 shops. Based on data we received this evening from various WhatsApp groups—comprising traders from different markets under the CTA (Confederation of All India Traders)—about 80% of these shops—roughly 2,50,000 out of 3,00,000—remained closed today,” he said.

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He added that the movement of customers, suppliers and dealers from towns surrounding Delhi was also affected. According…

Original source: https://www.timesnownews.com/delhi

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