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10-Billion loss feared daily following truckers' strike: Exporters
Tuesday, 06 January 2009, 23:53 IST
New Delhi: The Indian economy could lose 
10 billion (1,000 crore) daily on account of the indefinite nationwide truckers' strike, a premier organization of exporters said here Tuesday.
"Everyday, goods worth about 1,000 crore are transported across India and this will get hit because of the strike," said A. Sakthivel, president and chairman of the Federation of Indian Export Organizations (FIEO), the umbrella body of all exporters bodies.
Over six million trucks went off the roads across India since the early hours Monday, triggering fears that there would be a shortfall of essential commodities, leading to a price hike across the board.
Striking transporters' demands include a 10 reduction in diesel prices and rationalization of tyre prices following the meltdown.
But the All India Motor Transport Congress (AIMTC), the apex body of transporters, has maintained that their strike would not disrupt supply of basic commodities.
"We have told truckers to ensure that supplies of vegetables, fruits and other essential goods are not affected," AIMTC general secretary S. Venugopal told IANS.
However, traders at Delhi's Azadpur Mandi, one of the biggest wholesale markets in Asia, said the strike has affected the movement of goods and services. "We have not been able to transport fruits and vegetables to northern states," said Balbir Tyagi, a wholesale agent at Azadpur Mandi.
In Chandigarh, Jujhar Singh Badheri, director of the grain market committee, said only about 50-60 trucks carrying vegetables reached the market Monday, while none arrived since Tuesday morning.
"Due to the limited supply, there has been a shortage of vegetables and prices of many vegetables have already risen," Badheri said, and added: "We will be out of stock in the next one or two days if the strike continues."
Over 500 trucks loaded with v
Source: IANS
10 billion (1,000 crore) daily on account of the indefinite nationwide truckers' strike, a premier organization of exporters said here Tuesday.
"Everyday, goods worth about 1,000 crore are transported across India and this will get hit because of the strike," said A. Sakthivel, president and chairman of the Federation of Indian Export Organizations (FIEO), the umbrella body of all exporters bodies.
Over six million trucks went off the roads across India since the early hours Monday, triggering fears that there would be a shortfall of essential commodities, leading to a price hike across the board.
Striking transporters' demands include a 10 reduction in diesel prices and rationalization of tyre prices following the meltdown.
But the All India Motor Transport Congress (AIMTC), the apex body of transporters, has maintained that their strike would not disrupt supply of basic commodities.
"We have told truckers to ensure that supplies of vegetables, fruits and other essential goods are not affected," AIMTC general secretary S. Venugopal told IANS.
However, traders at Delhi's Azadpur Mandi, one of the biggest wholesale markets in Asia, said the strike has affected the movement of goods and services. "We have not been able to transport fruits and vegetables to northern states," said Balbir Tyagi, a wholesale agent at Azadpur Mandi.
In Chandigarh, Jujhar Singh Badheri, director of the grain market committee, said only about 50-60 trucks carrying vegetables reached the market Monday, while none arrived since Tuesday morning.
"Due to the limited supply, there has been a shortage of vegetables and prices of many vegetables have already risen," Badheri said, and added: "We will be out of stock in the next one or two days if the strike continues."
Over 500 trucks loaded with v
Source: IANS