Old Delhi Traders Strongly Oppose Relocation of Historic Markets Like Chandni Chowk

A recent survey by the Chamber of Trade and Industry (CTI) revealed that most traders in Delhi oppose relocating historic markets like Chandni Chowk and Sadar Bazar. CTI Chairman Brijesh Goyal stated that 88% of the 1,198 traders surveyed from Old Delhi prefer redevelopment over relocation. They believe improving existing infrastructure is more beneficial.

Goyal highlighted that these markets hold significant cultural and economic value, attracting tourists worldwide due to their rich Mughal-era heritage. He emphasised that upgrading facilities, such as adding multilevel parking and removing illegal encroachments, could address many issues faced by traders without moving the markets.

Traders' Concerns Over Relocation

Delhi Chief Minister Rekha Gupta recently suggested relocating large commercial areas like Chandni Chowk and Sadar Bazar to new locations. Her remarks sparked concern among traders, who fear that moving these markets could harm their businesses and diminish their historical identity. Goyal noted that hundreds of traders contacted CTI following Gupta's statement.

Gupta made her suggestions during an event organised by the Confederation of All India Traders (CAIT) at Bharat Mandapam in Pragati Maidan. She pointed out the challenges traders face operating in cramped spaces, suggesting that relocating could provide a broader scope for trade and relief for traders.

Past Relocation Attempts

Goyal mentioned previous unsuccessful attempts to relocate markets like Chawri Bazar's paper market and Khari Baoli's chemical market. These efforts failed due to inadequate planning and infrastructure at the new sites, leading both markets to remain at their original locations. This history fuels traders' scepticism about current relocation proposals.

The debate over these iconic markets' future gained momentum after Gupta's comments. Traders argue that enhancing existing facilities would better serve their needs than moving to new locations. They stress the importance of maintaining these markets' historical significance while modernising them for improved functionality.

In conclusion, while there are calls for relocating Delhi's historic markets, most traders prefer redevelopment. They believe enhancing current infrastructure will preserve the markets' cultural heritage and support business growth without the risks associated with relocation.

With inputs from PTI