Commercial activity in most of New Delhi's residential areas is forbidden, but the restrictions have been ignored for...
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In the wealth of nations, Adam Smith wrote that the U.K. was "a nation of shopkeepers." Today, that comment aptly describes a former British colony: India. It's home to about 12 million mom-and-pop retailers. But India's shopkeepers, or at least those in New Delhi, are under siege. In a series of rulings this year, the Supreme Court has ordered some 44,000 stores, restaurants and small hotels around the capital to be shuttered or demolished because they break zoning regulations.
