Markets suffer Rs 600 cr loss | delhi | Hindustan Times
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Markets suffer Rs 600 cr loss

delhi Updated: Jul 05, 2010 23:53 IST
HT Correspondent
HT Correspondent
Hindustan Times

Cadres belonging to opposition parties had no qualms in resorting to vandalism to force a lockdown at major markets throughout the capital on Monday.

"I had decided to keep my shop open as I did not want to lose out on business but BJP activists vandalised my shop," said Ramesh Khanna (45), a cloth retailer at Connaught Place's Janpath Market.

However, even as they protested against the 'injustice' being doled out to the common man and brought the capital to a standstill on this pretext - Mohammad Anzar (42), a tea vendor at Chandni Chowk made a silent resolve to send his children back home to his village in Bihar.

"As if the constant price hike wasn't enough to eat into my daily earnings - I've only been able to make less than half of the Rs. 400 that I usually make," said Anzar, who has been a tea vendor for the last two decades.

He said he would reconsider his decision to provide quality education to his children.

"There's always something or the other to disrupt business; first, there is a price hike, then a protest against it," said Anzar.

"I can't continue to stake my children's future on politics any longer. I'm sending them back home where they will at least be of some assistance to my family," Anzar asserted.

"I make around Rs 300 daily," said Dharam Kumar (17), a kulfi vendor. "But due to the bandh, I made only Rs 70 today."

The daily wages of small-time shop owners and businesses spread across the city either came down drastically or were suspended completely during the day-long bandh on Monday.

"In Delhi alone, business worth about Rs.600 crore was incurred due to the bandh, which resulted in revenue loss of about Rs 65 crore to the Delhi Government," said Praveen Khandelwal, National Secretary General, Confederation of All India Traders.

According to Khandelwal, about 700 trade associations participated in the nationwide protest against the increase in fuel prices.

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