Key Take Away

The National Restaurant Association of India (NRAI) has expressed two concerns to mall owners — waiver of charges of rentals and a revised revenue-sharing model, and sought their urgent intervention to help the beleaguered sector which is staring at closure due to the COVID-19 pandemic

Considering that the proportion of fixed operating expenses in our business is very high, this may lead to
massive operating losses

For More Information

www.newindianexpress.com/business/2020/may/28/nrai-seeks-rental-waiver-of-malls-2149020.html