4 lakh trucks stranded on highways after note ban: AIMTC

November 14, 2016

New Delhi, Nov 14: Stating that around four lakh trucks are stranded in various parts of the country, the apex transporters body AIMTC today demanded immediate increasing of cash withdrawal limit from ATMs and banks to avoid crisis.

1trucksAll India Motor Transport Congress (AIMTC), claiming to have 93 lakh truckers, 50 lakh buses and tourist taxi and cab operators under its fold, said at least eight lakh drivers and conductors were severely impacted in the wake of de-legalizing of Rs 500 and Rs 1,000 currency notes.

"Our about 4 lakh trucks are stranded across India with about 8 lakh drivers and conductors severely hit. The sudden ban on higher denomination notes have made them stand in long queques before banks in different parts. The withdrawal limit is minuscule with ATMs at many places not working and paralysing the transport business," AIMTC president Bhim Wadhwa told PTI.

Demanding immediate increasing of withdrawal limits, Wadhwa warned that essential supplies like milk, vegetables, fruits and medicines would be impacted.

The drivers and tourists who are en route do not have ample cash in hand and are starving on the highways with no help coming from any quarter, he said.

"The road transport fraternity of India is facing its worst crisis with the banning of higher denomination notes," he said, adding, this despite transport being the highest taxpayer to the exchequer.

AIMTC said that in the last fiscal, contribution of the Road transport to GDP was 4.8 per cent, which amounted to Rs 5,44,800 crore annually or Rs 1,492 crore per day.

"Eighty per cent of the transport operations cost is cash based. This implies Rs 1,194 crore is required on a daily basis by the transport sector for its operations. As per the finance Act section - 6D(d) of IT Act, Rs 35,000 per truck per trip cash is allowed for en route expenses. A small operator having 10 trucks would require up to Rs 3,50,000 cash per day to tide over his requirement, which is unsustainable under the present cap," it said.

With acute liquidity and financial crunch, the transportation services are poised to come to a standstill, Wadhwa said.

He also said export-imports of the country was likely to be hit due to disruption in movement of vehicles to and from the ports. Besides, transporting raw materials to the industries and finished goods to the distribution centres would also get affected.

Comments

Naren kotian
 - 
Tuesday, 15 Nov 2016

we offer full support to sarva shakthimaan shri shri narendra modi ... awesome googly , in one shot islamic hawala network shattered and protests which was happening in kashmir melted down ... all patriotic indians say , bholo bharath mata ki jai ... hara hara modi ... yesterday one of the most respected minority community in india ,did langar in railway station ... their love for nation really has to be appreciated ... mainly in congress run states and non bjp run states this is causing problem as they are encouraging chaos .kolkata , hyd , up , delhi , karnataka , kerala and tamilnadu ... why no news in rajasthan, chattisgarh, ap , goa, mp , uttarkhand , maharashtra ?

Arif
 - 
Tuesday, 15 Nov 2016

Coming days and weeks are very scary. Anything might happen.

Ahmed K./C.
 - 
Tuesday, 15 Nov 2016

He is eligible for Parliament's canteen as Chai Maker. Not for PM's post. Narender Dramdodardas modi.

Skazi
 - 
Tuesday, 15 Nov 2016

Feku Maharaj.... come out of your sleep

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News Network
April 19,2020

Bengaluru, Apr 19: Karnataka Deputy Chief Minister CN Ashwath Narayan on Sunday said that "only essential and critical number of" employees of the Information Technology (IT) companies will be allowed to work from offices from April 20 onwards in Bengaluru, while others will have to continue working from home.

"Only essential and critical number of employees required will be allowed to turn up. In the next two days, it will be reviewed and a suitable decision will be taken. 

All the details will be communicated to the IT companies," Narayan said here.

Earlier on Saturday, in a meeting to review COVID-19 situation in Karnataka, it was considered that one-third of the employees of IT and biotechnology companies could be allowed to work from the office premises, while the rest should continue to work from home.

Earlier on April 17, the Deputy CM, after holding a video conference meeting with heads of the IT and biotechnology companies, had told reporters that up to 50 per cent of the workforce would have the opportunity to function from office premises after April 20.

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News Network
March 23,2020

Kasaragod, Mar 23: The district administration on Monday decided to abandon efforts to map out the movement details of the NRI who came from Dubai recently and came into contact with many in North Kerala.

The district has been completely locked down since Monday morning, on the directive of the Central Government. Prohibitory orders have been slapped in the district since Sunday night to restrict socialisation of the people.

As the person now in isolation have allegedly been non-cooperative, the authorities were finding it difficult to sketch out a rote map as his movement and socialisation has been so vast and wide since his arrival here on March 12.

The middle aged and popular NRI who landed at Karipur airpprt on March 11 had been in Calicut till midnight prior to boarding the Maveli Express to make it to his hometown Kasaragod, which is 160 kms away from Calicut. He had come into contact with very many, including two MLAs of the district, prior to getting tested positive and getting isolated in the hospital.

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News Network
March 3,2020

New Delhi, Mar 3: Bharatiya Janata Party leader Kapil Mishra, who instigated violence in northeast Delhi by provoking mobs, has now been provided with 24x7 security. After he claimed threat to his life, he has been provided with “Y” category security — which entitles him to six security personnel round-the-clock to guard him in and outside the city.

He had fought the 2020 Delhi Assembly elections by giving inflammatory remarks around the anti-Citizenship Amendment Act in Shaheen Bagh, and lost to Aam Aadmi Party candidate. But he continued to issue provocative remarks.

While there is clear evidence of his scandalous statements just a day before the violence was unleashed on Muslims in Delhi last week where around 50 people were killed, no action has been taken against him so far. Instead, he is being treated as a hero in his party.

As per sources, Mishra complained that he got life threats over the past week in wake of the violence and based on his request, the Delhi Police has provided the security cover.

Mishra had taken to social media platform Twitter and alleged that he was receiving threats via WhatsApp, Twitter and Facebook, from Indian and foreign accounts.

“I am constantly being threatened with murder on the phone, on WhatsApp, on email. Hundreds of threats are being given continuously from the country and abroad. I don’t fear this hate campaign against me,” he had said on Twitter on March 1.

Mishra had on February 23 made an incendiary speech, following which North-East Delhi witnessed anti-Muslim violence.

The Supreme Court of India on Monday said it will on Wednesday (March 4) hear a plea that sought immediate FIRs against Kapil Mishra, Union Minister of State for Finance Anurag Thakur and other leaders for their recent hate speech, which allegedly triggered the violence in Delhi. The plea was filed by Delhi violence survivors.

The apex court bench, comprising Chief Justice SA Bobde, listed the matter for hearing after senior advocate Colin Gonsalves, who is appearing on behalf of the survivors told the SC that the Delhi High Court had last week adjourned the matter for six weeks even as “people are dying every day”.

Comments

Indian
 - 
Wednesday, 4 Mar 2020

Y security ?  Why security for this criminal & anti national ? 

ABDUL AZIZ
 - 
Tuesday, 3 Mar 2020

Allah Almighty knows what to do with you in this world and the world after . no one can escape from him. ALLAH ALMIGHTY S   is always greatest.

 

killing innocents is not a bravery , its game of cowards. remember

 

Kannadiga
 - 
Tuesday, 3 Mar 2020

As usual now he will be inducted as Minister.

fairman
 - 
Tuesday, 3 Mar 2020

He himself has dug his grave

Indian Army
 - 
Tuesday, 3 Mar 2020

how many years you hold security and hide in rat hole.....

your hatred killed 50 innocent people....your son must be proud that you given good future for him.

 

If one plays with others blood then he must end with his own blood.

ayes p.
 - 
Tuesday, 3 Mar 2020

Quote" i dont fear this hate campaign against me" Unquote. Then why Y security.

 

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