Shortage of essential commodities may push their costs by 10-15% per day
Apex industry body ASSOCHAM urged the All India Motor Transport Congress (AIMTC) to call off their nationwide indefinite strike which has already affected about 20 billion tonnes-km of freight traffic movement.With over one crore trucks and tempos being on a strike since past five days, it has led to shortage of essential commodities like milk, fruits and vegetables and their costs are likely to increase by about 10-15 per cent per day if the strike continues, noted an analysis on financial impact of transporters' strike conducted by the economic research bureau of The Associated Chambers of Commerce and Industry of India (ASSOCHAM).
Besides, the strike by truckers has also impacted government revenues worth over Rs 3,600 lakh realised through road transport, it said.
ASSOCHAM has also appealed to the union government for its intervention to end the stalemate to promote road transport as the share of high value low volume traffic is bound to increase.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
