Big step for more than 8 lakh traders in Delhi. Formation of Delhi Traders Welfare Board completed, special fund will be created for traders.

By Team Sarkari Aadmi

Published on:


Delhi Traders Welfare Board: Delhi government has taken a big decision in the interest of lakhs of traders of the capital. Under the leadership of Chief Minister Rekha Gupta, the formal registration and formation of Delhi Traders Welfare Board has been completed. This board will now become the official medium to convey the problems and needs of about 8 lakh traders of the capital to the government.

Welfare fund will help

While presiding over a high-level review meeting with senior officials of the Industries Department and DSIIDC on Monday, Delhi Industries Minister Manjinder Singh Sirsa informed about the formation of the board. He said that this board will not only work on the problems of traders but a Traders Welfare Fund will also be created for their social and economic interests.

Financial assistance, emergency assistance and welfare schemes will be run through this fund. Ongoing projects in the industrial areas of Delhi were also reviewed in the meeting. This included discussion on the development work of industrial areas like Patparganj, Baprola, Ranikheda and Kanjhawala, progress of O&M tender e-waste plant and preparations for the proposed Global Industrial Investor Summit.

Businessmen will benefit greatly

Industries Minister Sirsa said that the registration of Delhi Traders Welfare Board is a big step for the traders of the capital. This will be the first time that the problems and plans of the business community will be heard and resolved in an organized manner. Chief Minister Rekha Gupta has given clear instructions that every section of society contributing to Delhi’s economy should get security and support. She also said that the board will do many important works for the traders.

  • To establish better communication between the government and the business community.
  • To give suggestions to ease the problems faced in running the business and to simplify the paperwork.
  • Identifying welfare schemes for traders and employees.
  • To organize skill development, training and awareness programmes.
  • To promote opportunities for traders to participate in fairs.

The progress of Delhi Single Window System was also discussed in the meeting. Through this system, more than 400 merchants will provide services on a single platform, which will make it easier to start and run a business.

Traders faced many challenges

Experts say that in the last few years, traders of Delhi have faced many challenges due to GST e-way bill, licensing and other compliances. In such a situation, this board will become an organized voice for them. Delhi government says that this step is very important towards making the capital a model state of trade and industry.

The Industry Minister directed the officials to complete all important schemes and policy-making related work on time. He said that only transparency, timeliness and participation of the industry can give Delhi the next industrial leap. This step is being considered as the beginning of big changes in the coming times for the traders of the capital.

Also read:

Mumbai’s second international airport ready to take off, passes Passenger Simulation Test

Related Post

US Supreme Court declared Trump Tariffs illegal. How to get $175 Billion Refund? | Money Live | US Supreme Court rules Trump tariffs illegal. How to get a $175 billion refund?

The Supreme Court of the United States has declared tariffs worth about $175 billion imposed by former President Donald Trump illegal. These tariffs were imposed under ...

Gold Silver Price Today: International situation supported the prices of gold and silver, know how much the rate increased on February 21.

Show Quick Read Key points generated by AI, verified by newsroom Gold Silver Price Today: Amidst the international situation and the turmoil in the domestic market, ...

What are Money Market Funds? Safe Return or Hidden Risk | MMF Explained in Hindi | Money Live | What are Money Market Funds? Safe Return or Hidden Risk | MMF Explained in Hindi

If you want to keep your extra cash safe and withdraw it immediately when needed, then Money Market Funds (MMF) can be a strong option. These ...

Has ‘Nudge’ notice of Income Tax come? Know what to do AIS, TIS and Updated Return | Money Live | Got an Income Tax ‘Nudge’ Notice? Find out what to do AIS, TIS and Updated Returns

If you have received an SMS or email from the Income Tax Department stating the difference between your transaction and ITR, it may be a ‘Nudge’ ...

Leave a Comment