In its earlier letter to Lieutenant Governor Anil Baijal and Kejriwal, the CAIT had suggested staggered timings for the wholesale markets 10 am to 4 pm and 12 pm to 7 pm for retail markets.
Domestic traders body CAIT on Saturday welcomed the Delhi government s decision to allow markets to open from Monday but opposed the odd-even formula , claiming that it does not suit the business character of the city. Chief Minister Arvind Kejriwal said on Saturday announced further relaxations in the lockdown, and said Delhi Metro will operate at 50 per cent capacity and markets and malls in the national capital will open on an odd-even basis from June 7. The odd-even formula is never suited for the business character of Delhi because being the largest distribution centre of the country, Delhi has a totally different business format where one trader is dependent upon the other for procurement of goods and in many cases, both these format of trade will adopt different day for opening the shops due to the odd-even formula, said Praveen Khandelwal, secretary general, Confederation of All India Traders (CAIT).
The traders' associations in Delhi welcomed the decision to reopen markets on Monday but objected to the 'odd-even formula,' claiming that it does not suit the city's business character.
Delhi Unlock: Trader demands ‘immediate order’ to reopen markets, writes to LG, Chief Minister - Confederation of All India Traders (CAIT) has written to Lieutenant Governor Anil Baijal and CM Arvind Kejriwal, urging to reopen markets in Delhi.
The second wave of Covid-19, subsequently followed lockdowns in various states, has caused a mammoth business loss of around Rs 15 lakh crore to India s domestic trade over the last 60 days, the Confederation of All India Traders (CAIT) said on Wednesday.