CTI Pushes for Comprehensive Reforms in Delhi's Industry and Markets

The Chamber of Trade and Industry (CTI) submitted a letter to Delhi Chief Minister Rekha Gupta with 11 suggestions to resolve issues for market associations and factory owners. Key recommendations include freehold status for industrial areas, resolving minimum wage discrepancies, and promoting local markets globally.

The Chamber of Trade and Industry (CTI) has stepped forward with a series of proposals aimed at transforming Delhi's industrial landscape. On Monday, CTI officials met with Chief Minister Rekha Gupta, presenting a comprehensive letter with 11 suggestions to address prevailing challenges faced by 700 market associations and industrial factory owners.

Chairman Brijesh Goyal underscored key demands such as granting freehold status to significant industrial areas like Bawana and Bhorgarh, and correcting discrepancies in circle rates. The CTI highlighted issues like higher minimum wages and steep electricity rates that burden industrial operators.

Crucial suggestions included the development of a dedicated warehouse policy and the continuation of redevelopment projects in six markets. The CTI also advocated for shopping festivals to boost trade and a 'Delhi Market Portal' to enhance global trade reach, seeking a single-window system for business ease.

(With inputs from agencies.)