Overview
- The statutory board comprises 15 members, including nine directly selected from the merchant community
- An initial Rs 10 crore grant will underpin efforts to simplify regulations and roll out trader welfare programmes
- The board will oversee a dedicated fund to deliver emergency relief and compensation after fires, floods or other disasters
- Serving as a liaison between government and traders, it will streamline business approvals and work to boost employment and investment
- Plans unveiled include preserving small shops and offices in Old Delhi markets and building large-scale logistics warehouses on the city’s outskirts