News

Chief Minister Rekha Gupta on Friday suggested shifting old crowded markets like Chandni Chowk and Sadar Bazar in Delhi to new places for strengthening trade and providing relief to the traders community in the city.

Addressing an event organised by Confederation of All India Traders (CAIT) at Bharat Mandapam in Pragati Maidan, Gupta highlighted various initiatives of the new BJP government in Delhi for boosting industry and trade.

The government requires support of the traders community to strengthen trade and business in Delhi, she said.

Traders in old markets like Chandni Chowk and Sadar Bazar face lot of problems in doing business from small, cramped spaces where it's difficult to even breathe, she stated addressing the programme gathering.

"The need of the day is that all such markets should be set up at some new place to provide them broader scope, strengthen trade and provide relief to the traders," Gupta said.

Delhi has "lagged far behind" in the past 10 years as the previous governments lacked both intent and vision to work, she said.

"They only knew about fighting and indulging in blame game while doing much publicity of whatever little work they did," she said referring to the previous AAP government in Delhi.

Elaborating on various initiatives of her government, the Chief Minister said a Traders Welfare Board is going to be formed so that the business and trade community's grievances could be redressed at one platform.

She also said that the government is working "seriously" to bring an amnesty scheme concerned with goods and services tax (GST) for the Delhi traders.

"In a recent meeting with GST department officials, I made the officers understand that no "afsarshahi" will be allowed and the traders need be treated with respect and helped. Why should a trader be made to wait outside the offices for hours. I have warned that if any officer harassed any trader, he will face my wrath," Gupta said.

She asserted that the system needs to be made easier and friendly for traders so that they themselves come forward to meet their tax liabilities.

"No trader wants to evade paying tax. They just need a simple process to pay it," she said and emphasised on the commitment of her government to work towards this end.

Gupta said there was no industrial policy of Delhi and invited the traders to come up with a draft for it.

"We will bring a good, simple industrial policy to end the problems. Single window system, ease of doing business, hassle-free licensing — the government is working on it," she said.

Solution of all the problems related to industry and trade in the city is now possible because of the triple engine government of the BJP at the Centre, Delhi and MCD, Gupta said.

Discover the latest Business News, Budget 2025 News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

${res.must_watch_article[0].headline}

Stock Market Holiday Jammu Kashmir News Live GT vs SRH Live Score Delhi Rain PM Modi on Shashi Tharoor Odisha 10th Result 2025 Ganga Expressway Indian Rupee Hyderabad Water Crisis IPL Points Table 2025

Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups

Home Currencies Commodities Pre-Market IPO Global Market Bonds

Home Loans up to 50 Lakhs Credit Cards Lifetime Free Finance TrackerNew Fixed Deposits Fixed Deposit Comparison Fixed Income

Home MC 30 Top Ranked Funds ETFs Mutual Fund Screener

Income Tax Calculator EMI Calculator Retirement Planning Gratuity Calculator

Stock Markets

News18 Firstpost CNBC TV18 News18 Hindi Cricketnext Overdrive Topper Learning

About Us Contact Us Advisory Alert Advertise with Us SupportDisclaimer Privacy Policy Cookie Policy Terms & Conditions Financial Terms (Glossary) Sitemap Investors

You are already a Moneycontrol Pro user.