'Rs 10k cr at risk': Traders' body urges Rahul to defer Delhi rally amid Diwali season
A Delhi traders' association has requested Rahul Gandhi to postpone a political rally scheduled for November 1. They argue that the event will disrupt business during the peak Diwali shopping season, potentially causing significant financial losses.
Why it matters
It illustrates the conflict between political mobilization and the economic interests of small and medium-sized business owners during critical retail periods.
NEW DELHI: The Chamber of Trade and Industry on Saturday urged Lok Sabha leader of opposition Rahul Gandhi to postpone the INDIA bloc's upcoming rally on November 1 at Ramlila Maidan, saying the demonstration could disrupt business worth Rs 10,000 crore during the peak Diwali shopping season.In a letter to Rahul, CTI chairman Brijesh Goyal said the rally could affect wholesale and retail markets around Ramlila Maidan at a time when traders expect heavy customer footfall ahead of Dhanteras and Diwali."This year, Dhanteras falls on Friday, November 6, Diwali on November 8 and Bhai Dooj on November 10. People begin shopping for Dhanteras and Diwali a week in advance. In Delhi alone, Dhanteras-related business across sectors such as gold and silver, utensils, electronics, textiles, dry fruits, sweets, automobiles, vehicles, property and gift items amounts to approximately Rs 25,000 crore.
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