<p>Taking cue from the East Corporation, the North Delhi Municipal Corporation has also decided to amend its trade policy. The officials said they are working to simplify the licensing policy and will come up with a new policy before the standing committee soon.<br /> <br /></p>.<p>“There are certain documentary requirements which can be done away with. The number of applications for trade licensing is less than the expectations. We will come up with the new policy within a week or ten days time,” said Commissioner of North Corporation, P K Gupta. <br /><br />Fewer licencees<br /><br />The standing committee members raised the issue in the meeting on Wednesday. The members claimed that though several commercial units are operational in the jurisdiction of the civic body, less number of traders have got license for their trade.<br /><br />“As per the data provided by the Corporation officials, around 1,900 commercial units were found operational in just two of the 104 wards of the Corporation. Even a conservative estimate will add up to into over a lakh commercial units, if a survey is conducted across all the 104 wards,” said deputy chairman of standing committee, V P Pandey. <br /><br />“Moreover, the number of pendency cases and the applications which have been rejected also points to the fact that the rules are too difficult to meet and hence discourage traders from applying for license,” he added.<br /></p>
<p>Taking cue from the East Corporation, the North Delhi Municipal Corporation has also decided to amend its trade policy. The officials said they are working to simplify the licensing policy and will come up with a new policy before the standing committee soon.<br /> <br /></p>.<p>“There are certain documentary requirements which can be done away with. The number of applications for trade licensing is less than the expectations. We will come up with the new policy within a week or ten days time,” said Commissioner of North Corporation, P K Gupta. <br /><br />Fewer licencees<br /><br />The standing committee members raised the issue in the meeting on Wednesday. The members claimed that though several commercial units are operational in the jurisdiction of the civic body, less number of traders have got license for their trade.<br /><br />“As per the data provided by the Corporation officials, around 1,900 commercial units were found operational in just two of the 104 wards of the Corporation. Even a conservative estimate will add up to into over a lakh commercial units, if a survey is conducted across all the 104 wards,” said deputy chairman of standing committee, V P Pandey. <br /><br />“Moreover, the number of pendency cases and the applications which have been rejected also points to the fact that the rules are too difficult to meet and hence discourage traders from applying for license,” he added.<br /></p>
