Delhi Trader Associations Present 11-Point Budget Demands to Chief Minister Rekha Gupta
In a significant move ahead of the anticipated Delhi budget presentation on March 24, trader associations have formally submitted a comprehensive list of 11 suggestions to Chief Minister Rekha Gupta. The demands aim to address long-standing issues affecting industrial and commercial operations across the national capital.
Key Demands Focus on Land Ownership and Financial Reforms
Among the most prominent requests is the conversion of major industrial zones—including Bawana, Bhorgarh, Jhilmil, and Badli—from leasehold to freehold status. This change would grant traders permanent ownership rights, potentially boosting investment and stability in these areas.
Additionally, the associations have called for a rationalisation of circle rates to better reflect current market conditions. This adjustment is intended to streamline property transactions and reduce bureaucratic hurdles that often impede business activities.
Labor and Infrastructure Concerns Highlighted
Brijesh Goyal, Chairman of the Chamber of Trade and Industry, emphasised the broader challenges faced by market associations and factory owners across Delhi's 56 industrial areas. "There are discrepancies in circle rates at several places which should be rectified," Goyal stated. "Moreover, minimum wages in Delhi are significantly higher than in neighbouring states, making it increasingly difficult to secure affordable labour."
The associations also pointed to the need for rationalising electricity rates in industrial zones to enhance competitiveness. They further advocated for a dedicated warehouse policy to improve the management and maintenance of storage facilities, which are critical for supply chain efficiency.
Unfulfilled Promises and Future Initiatives
Reiterating a commitment from previous budgetary announcements, the traders urged the swift constitution of a Traders' Welfare Board. This body, promised earlier, remains unimplemented and is seen as vital for addressing sector-specific grievances and fostering a supportive business environment.
The collective demands underscore a push for policy reforms that align with ground realities, aiming to bolster Delhi's economic landscape through enhanced operational ease and financial incentives for traders and industrialists.
