G20 Summit: Retailers, traders seek 2-hour window to open businesses in Delhi
New Delhi district has been declared a «controlled zone» during September 8-10 due to security reasons and to avoid traffic congestions. All commercial establishments will also remain closed.
The Retailers Association of India (RAI) has written to the Delhi government requesting permission to keep the outlets open for a brief time.
«Even a couple of hours' window in the evenings will help reduce customer inconvenience in that area and also help us (traders) make up for the loss,» RAI chief executive Kumar Rajagopalan said. The association is anticipating a loss of ₹7,000-10,000 crore.
According to Rajagopalan, businesses with perishable items will suffer the most.
Clothing Manufacturers Association of India (CMAI) estimates a loss of sales amounting to ₹500-1,000 crore for the apparel sector during the three days. «We wish the government would have considered some staggered hours or given relaxation for a couple of hours to enable consumers to shop their requirements,» said Rahul Mehta, chief mentor at CMAI.
Atul Bhargava, president of New Delhi Traders Association, said traders in Connaught Place could suffer a loss of ₹300-450 crore.
