Transport sector facing daily loss of Rs 315 due to Covid restrictions

The chairman-core committee and former president of All India Motor Transport Congress Bal Malkit Singh has stated that the transport sector is facing a loss of about Rs 315 crores per day

Topics
Coronavirus | Coronavirus Tests | Coronavirus Vaccine

ANI  |  General News 

The chairman-core committee and former president of All India Motor Transport Congress (AIMTC) Bal Malkit Singh has stated that the transport sector is facing a loss of about Rs 315 crores per day due to the COVID-19 restrictions across the country.

Speaking to ANI Bal Malkit Singh on Saturday said, "The shops are closed except those dealing with essential items, restrictions by the state government have started affecting the transport sector. The sector is facing a loss of 315 crores rupees per day due to the restrictions across the country."

Elaborating on the current situation of the transport sector, Malkit Singh said, "The demand for trucks have curtail which as per our assessment is down by 50 per cent across the country, as far as the transport facilities are concerned the medical goods like personal protective equipment (PPE) kits, medicines, oxygen cylinders are transported these days including food items and grains so the rest items are fully ceased in few states including Maharashtra."

The state of Maharashtra is one of the leading automotive manufacturing hubs and home to the financial capital of the country.

Flagging the concern of drivers and economic well-being, he said, "The COVID-19 restrictions are crippling the poor truckers as they are already in the financial crises. They have to arrange for taxes, insurance, salaries for workers and drivers, establishment and administrative costs, and equated monthly installments (EMIs)."

He demanded that the toll and road taxes should be exempted for some time as the government did last year. The government should plan relief measures for truck drivers like waiver of state taxes, permit and fitness fees, free parking for idle trucks and buses, he said.

Drivers and workers in transportation space should be vaccinated for COVID-19 on priority, he demanded.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read our full coverage on Coronavirus
First Published: Sun, April 18 2021. 14:01 IST
RECOMMENDED FOR YOU