This is the second time in six months that truckers are holding the government to ransom over a number of issues including diesel prices, toll, sales tax and service tax.
While Tamil Nadu, Andhra Pradesh, Maharashtra, Haryana and Punjab are actively participating in the strike, Bihar, North East states and Kerala have refused to join them. Truckers want a six-month moratorium on loan payments and toll. They also want Rs 10 a litre reduction in the price of diesel.
“The government is making all efforts to ensure free flow of essential commodities so as to minimise the inconvenience to the general public owing to the transporters’ strike which entered its second day today,” the release stated.
As per the information available with the Department of Road Transport & Highways, there was no report of adverse impact on supply of essential commodities across the country, it said.
10-20 per cent
Freight traffic in the country on Monday as percentage of the normal freight traffic
70 per cent
The freight that moves by road in the country
200,000
The number of transport companies in the country
Inflationary effect
The strike can push inflation by 50 basis points on account of shortage of perishable goods and panic buying by traders, according to National Council for Applied Economic Research There will be an immediate impact on food prices, so we could see a temporary blip in inflation. But since construction and manufacturing are slowing anyway, any impact will only be in the short-term.
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