The Retailers Association of India (RAI) has raised concerns about the potential economic impact of comprehensive business closures during the upcoming G20 Summit in Delhi. The association has advised a more measured approach to restrictions, considering peak times and specific areas, to mitigate the adverse effects on businesses and the local economy.
Retailers Association of India commended the Delhi government’s decision to declare a three-day public holiday during the G20 Summit, but it also expressed the view that complete shutdowns of retail operations, malls, and food and beverage establishments could hinder business activity in the capital.
The association emphasized that businesses, especially food establishments and shopping stores, could benefit from the G20 Summit. RAI highlighted the role of retail in Delhi’s cultural identity and suggested that entirely shutting down retail and food establishments could deprive international visitors of experiencing India’s unique shopping and culinary scenes.
Kumar Rajagopalan, CEO of RAI, urged the Delhi government to consider allowing partial retail operations during the summit. He stated, “We urge the Delhi government to allow at least partial retail operations to promote the ‘Sell in India’ initiative in tandem with ‘Make in India’.”
The G20 Summit is scheduled to take place in Delhi from September 8 to September 10. As part of the preparations, commuters have been advised to stay indoors, and educational institutions, government offices, and private offices across the city will remain closed during the summit. Additionally, commercial establishments in high footfall markets such as Connaught Place, Khan Market, and Janpath have been directed to remain shut.
RAI expressed concern that a three-day closure could have a significant economic impact on the retail sector, potentially affecting the livelihoods of numerous employees and their families. The association also highlighted the importance of preserving Delhi’s culinary heritage and cultural presentation by allowing visitors to savor authentic Indian dishes.
RAI represents the interests of a wide range of retail businesses, from small local retailers to large malls, and its stance reflects the need for a balanced approach to business restrictions during the G20 Summit.