What is the Impact of the Newly Formed Delhi Traders Welfare Board?
Synopsis
Key Takeaways
- The Delhi Traders Welfare Board has been established to support over 8 lakh traders.
- The Board will serve as a critical link between traders and the government.
- It aims to introduce social security and financial assistance for traders.
- Skill development and mentorship programs will be a focus area.
- This initiative reflects the government's commitment to ease of doing business.
New Delhi, Dec 1 (NationPress) Following the directives of Chief Minister Rekha Gupta, the establishment of the Delhi Traders Welfare Board has been successfully accomplished for the benefit of trader communities, as stated by Industries Minister Manjinder Singh Sirsa on Monday.
“This Board will serve as a formal channel to address the issues and concerns of more than 8 lakh traders throughout the capital, acting as a direct link between the trading community and the state government,” he noted.
During a high-level review meeting with senior officials from the Industries Department and the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC), Sirsa evaluated ongoing projects related to industrial infrastructure, environmental management, and business facilitation.
The meeting also included discussions on O&M tenders for pending industrial zones, developmental updates for industrial estates such as Patparganj, Baprolla, Ranikhera, and Kanjhawala, the status of the Freehold Policy, the progress of the e-waste plant, and updates regarding the forthcoming Global Industrial Investor Summit.
“The registration of the Delhi Traders Welfare Board signifies a substantial advancement towards institutionalizing welfare initiatives for trader communities in the national capital,” remarked Sirsa.
“Under the proactive leadership of CM Gupta, this initiative reaffirms the government’s steadfast dedication to ensuring ease of doing business, social security, and inclusive economic growth,” he added.
He expressed his appreciation to the Chief Minister, emphasizing, “It was her strong determination that every segment contributing to the city’s economy will be empowered and supported. The government is committed to translating that dedication into tangible results.”
The newly established Delhi Traders Welfare Board will prioritize enhancing communication between the GNCTD and the trading community while recommending strategies to alleviate compliance burdens and enhance the ease of doing business.
Sirsa further explained that the Board will identify welfare and policy priorities for traders and their employees, as well as create a Traders Welfare Fund to offer social security and financial assistance.
Additionally, organizing skill-development, capacity-building, and mentoring programs will be among its primary focuses, he noted.
A comprehensive array of benefits and incentives will be introduced to empower traders, granting them access to advisory services, mentorship, and global exposure through participation in international trade fairs and exhibitions, according to the Minister.
Highlighting the broader industrial agenda, Sirsa stated, “The government led by CM Rekha Gupta is executing an ambitious plan to establish Delhi as a world-class city and model state of India — where policies are driven by transparency, innovation, and growth.”