Footfalls to malls dip

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After the announcement regarding demonetisation of Rs 500 and Rs 1,000 currency notes made footfalls to major shopping hubs in the national Capital have decreased, with small traders, restaurateurs and transporters expressing deep concern.

"There are around 9 lakh small traders in the city who have been hit directly by withdrawal of the notes. All the major markets, including Chandni Chowk, Sadar, lajpat Nagar, Sarojini Nagar, Khan Market, Khari Baoli have been affected as buyers have no money to spend," said Brijesh Goyal, convener of Chamber of Trade and Industry.

Traders in various markets complained that either there were no customers and those who were coming to buy things were bringing Rs 500 and Rs 1,000 notes which are "useless" now.

"Nearly 80 per cent of the market, including grocery, garment, transport, bullion, hotels and restaurants and other businesses have been hit.           

Daily Pioneer
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