Retail leads business activities in Delhi

July 4th, 2008 - 9:15 pm ICT by IANS  

New Delhi, July 4 (IANS) Among all commercial activities in the national capital, more people were engaged in retail and wholesale trade than any other enterprise, Delhi Finance Minister A.K. Walia said here Friday. While releasing a report on the Fifth Economic Census of Delhi carried out in 2005, Walia said there were 370,000 retail outlets, accounting for 48.86 percent of the 758,000 commercial establishments in the capital.

This is higher than the national average of 41.83 percent engaged in retail trade, he said.

Retail was followed by the manufacturing sector, which had 112,000 establishments accounting for 14.76 percent of all commercial activity in Delhi.

The national average was 2.38 percent.

About 433,000 (57.11 percent) establishments worked without any power connection, while near 314,000 (41.39 percent) did not have hired worker.

Around 115,000 (15.22 percent) were floating establishments - without any premises - while around 8,000 (1.13 percent) were seasonal.

Walia said there were 758,000 establishments in Delhi in 2005 providing employment to 3.6 million people, as compared to 686,000 establishments in 1998 at the time of the Fourth Economic Census.

The Directorate of Economics and Statistics conducted the economic census in collaboration with the Central Statistical Organization during May-July 2005.

The first economic census was conducted in 1977, and subsequently in 1980, 1990, 1998 and 2005. It covers all entrepreneurial activities in both non-agriculture and agriculture sector except crop production and plantation.

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