Protests in Delhi put daily business over Rs.400 crore at risk daily, could cross Rs.4000 cr in 10 days : CAIT Secretary General Praveen Khandelwal
New Delhi, Oct. 18 -- Expressing serious concern over the growing impact of protests in Delhi in the past few days, Praveen Khandelwal, BJP MP from Chandni Chowk and Secretary General of the Confederation of All India Traders (CAIT), said that prolonged disruptions could put business transactions worth over Rs.400 crore at risk every day. The cumulative impact could potentially reach Rs.4,000 crore over ten days.
He said that Delhi's estimated average daily business turnover of approximately Rs.2,200 crore makes the capital's commercial ecosystem particularly vulnerable to disruptions. Even a 10% decline in business activity would affect transactions worth Rs.220 crore daily, rising to Rs.330 crore at 15% and Rs.440 crore at 20%. Based o...
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