"Impact of G20 Security Measures on Delhi's Business and Labor Sectors"

            Due to G20 security restrictions, daily employment for 9,000 workers in Delhi is impacted. This has resulted in significant hardships for various business owners, traders, and workers who constitute the 9,000 daily wage laborers. As a result, their daily livelihoods have been severely affected, causing them considerable distress. The three-day G20 Summit has put them under tremendous pressure due to the security measures in place. In one day, they are earning an average of Rs. 450.


To address this situation, the Forum for Internet Retailers, Sellers & Traders, known as FIRST, led by Vinodh Kumar, hopes that the government will establish special zones to support their livelihoods.


During the three days of the G20 Summit, various markets, including food services, consumer goods, and NDMC markets, have been closed. This is posing a significant challenge to businesses and their economic stability. 


Additionally, restrictions on certain areas are preventing the distribution of medicines and online sales of products. This situation is also impacting trade associations in prominent marketplaces such as Connaught Place, Janpath, Khan Market, and Malcha Marg, as mentioned by the Confederation of All India Traders (CAIT).


In the evening, there are concerns regarding the opening hours of these markets. Rahul Mehta, President of the Clothing Manufacturers Association of India (CMAI), pointed out that 40% of weekly business occurs in the last few days of the month. He emphasized that business losses due to regulatory measures are affecting the industry's financial stability.


Overall, the G20 Summit's impact on these markets is estimated to result in an economic loss of around 100 crore rupees. Some of Delhi's retail markets are estimated to generate daily sales of around 500 crores, contributing significantly to the local economy. These measures aim to curtail the commerce sector, causing concerns among traders.

 Due to G20 security restrictions, daily employment for 9,000 workers in Delhi is impacted. This has resulted in significant hardships for various business owners, traders, and workers who constitute the 9,000 daily wage laborers. As a result, their daily livelihoods have been severely affected, causing them considerable distress. The three-day G20 Summit has put them under tremendous pressure due to the security measures in place. In one day, they are earning an average of Rs. 450.


To address this situation, the Forum for Internet Retailers, Sellers & Traders, known as FIRST, led by Vinodh Kumar, hopes that the government will establish special zones to support their livelihoods.


During the three days of the G20 Summit, various markets, including food services, consumer goods, and NDMC markets, have been closed. This is posing a significant challenge to businesses and their economic stability. 


Additionally, restrictions on certain areas are preventing the distribution of medicines and online sales of products. This situation is also impacting trade associations in prominent marketplaces such as Connaught Place, Janpath, Khan Market, and Malcha Marg, as mentioned by the Confederation of All India Traders (CAIT).


In the evening, there are concerns regarding the opening hours of these markets. Rahul Mehta, President of the Clothing Manufacturers Association of India (CMAI), pointed out that 40% of weekly business occurs in the last few days of the month. He emphasized that business losses due to regulatory measures are affecting the industry's financial stability.


Overall, the G20 Summit's impact on these markets is estimated to result in an economic loss of around 100 crore rupees. Some of Delhi's retail markets are estimated to generate daily sales of around 500 crores, contributing significantly to the local economy. These measures aim to curtail the commerce sector, causing concerns among traders.


  

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