CTI Claims 2.5 Lakh Shops May Remain Shut in Delhi over INDIA Bloc Rally, Warns of Trade Losses
Traders said 2.5 lakh shops were affected and losses reached up to Rs 12,000 crore as the rally hit peak Diwali shopping.
- 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.
15 Articles
15 Articles
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…
INDIA bloc's rally in Delhi resulted in Rs 12,000 crore in losses during festive season, claim traders
CTI Chairman Brijesh Goyal and other trade organisations estimated total business losses between Rs 10,000 crore and Rs 12,000 crore. The business community expressed deep resentment against the opposition and Congress leader Rahul Gandhi
Delhi traders' body claim Rs 11,000 crore loss due to Rahul Gandhi-led INDIA bloc rally
Traders across Delhi’s major commercial hubs also strongly opposed the INDIA bloc’s mega rally scheduled for November 1 at Ramlila Maidan, warning that holding a massive political gathering in the heart of the capital during the peak Diwali shopping season will paralyse wholesale markets, disrupt daily livelihoods, and cause business losses exceeding Rs 2,000 crore.
‘80% Shops May Shut’: Delhi Traders Flag Rs 10,000 Cr Diwali Trade Risk Amid INDIA Bloc’s Ramlila Maidan Rally
Delhi’s traders’ body has warned that the INDIA bloc rally at Ramlila Maidan could disrupt business across 20 markets, putting Diwali-season trade worth thousands of crores at risk
Delhi traders fear Rs 10,000-12,000 crore business hit as INDIA bloc rally disrupts festive shopping: CTI - The Tribune
Delhi traders fear business losses of Rs 10,000 crore to Rs 12,000 crore as the opposition INDIA bloc's 'Chalo Dilli' rally at Ramlila Maidan disrupted wholesale markets, transport operations and festive-season shopping on Sunday, according to the Chamber of Trade and Industry (CTI).
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