CTI claims 2.5 lakh shops may remain shut in Delhi over INDIA bloc rally, warns of trade losses
- On Sunday, the INDIA bloc held a rally at Ramlila Maidan, disrupting Delhi's markets during peak Diwali shopping season and causing heavy commercial losses across 20 major trading centers.
- The Chamber of Trade and Industry had sent four letters to Congress leader Rahul Gandhi requesting postponement, warning that traffic restrictions and transport disruptions would prevent customer access and block goods movement.
- CTI estimated 2.5 lakh shops within a 5-km radius could remain shut, with transport disruptions within a 10-km radius jeopardizing daily Diwali-season trade worth Rs 10,000–12,000 crore.
- Rahul Gandhi urged rally participants to shop from traders, but BJP MP Praveen Khandelwal called the appeal "nothing short of a cruel joke," while Gandhi alleged the BJP "forcibly shut down every single shop" in Connaught Place.
- With Dhanteras on November 6 and Diwali on November 8 approaching, traders face ongoing political friction threatening livelihoods; CTI insists it supports political expression but demands events protect commercial activity during peak seasons.
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34 Articles
INDIA bloc rally: Delhi Traders claim ₹11,000 cr Diwali season loss as 2.5 lakh shops shut, ask ‘who will compensate?’
Chamber of Trade & Industry chairman Brijesh Goyal said around 20-25 major markets in the vicinity of the rally venue were affected, with approximately 2.5 lakh shops remaining closed out of nearly three lakh shops across these commercial hubs.
2.5 Lakh Shops Shut, Rs 11,000 Crore Loss: Delhi Traders’ Claim After INDIA Bloc Rally
<p>Delhi’s traders have claimed business losses of around Rs 11,000 crore following the INDIA bloc rally at Ramlila Maidan on November 1, saying the event disrupted commercial activity across some of the Capital’s busiest markets during the festive shopping season.</p> <p>The Chamber of Trade and Industry (CTI) said retail and wholesale businesses accounted for the largest share of the estimated losses, at Rs 8,800 crore. Transport and logistics…
Trade organizations have estimated losses of approximately 11,000 crore rupees due to the India Block mega rally held at Delhi's Ramlila Maidan on November 1. According to the Chamber of Trade and Industry (CTI), approximately 250,000 shops were closed, and wholesale, retail, transport, hotel, restaurant, and tourism businesses were severely affected.
Politics has its place, business too: Delhi traders fume after INDIA bloc rally
The November 1 INDIA bloc rally disrupted trade and customer movement in Delhi, the traders' body said. It urged organisers and authorities to balance democratic expression with business, employment and public convenience.
2.5 Lakh Shops Shut: How Delhi rally of Rahul Gandhi hit trade
NEW DELHI: In the capital, business is set to peak between Dhanteras, Deepavali and Bhai Dooj. From Sadar Bazar to Chandni Chowk, trading activity is picking up, with crowds of customers in shops, goods moving from warehouses to markets, and labourers working day and night. In the midst of this, the India bloc’s mega-rally at Ramlila Maidan has had a serious impact on the pace of the capital’s main trading areas. According to the claims of Brije…
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