With the truckers across the nation on an indefinite strike on the call from All India Motor Transport Congress (AIMTC), it is assessed that the losses may be to the tune of upwards of Rs 4000 crores.
The AIMTC is demanding reduction in diesel prices and also quarterly revision instead of the current daily revision of fuel prices.
It also wants ensuring seamless movement of trucks by revising road toll collection, transparency and reduction in third-party insurance premium through exemption of GST.
The other demands includes abolition of TDS, rationalisation of presumptive income, national permit for buses and tourist vehicles as well as abolition of direct port delivery tendering system and streamlining port congestion.
It is claimed by the AIMTC that three fourths of the 93 lakh goods vehicles in India have joined in their stir.
The truckers seem to be firm in continuing the stir until their demands are fulfilled as the sector is hit hard by financial stress.>