Fuel prices: Truckers observe black day in Indore – News 24-7 Live News 24-7 Live
Fuel prices: Truckers observe black day in Indore

Fuel prices: Truckers observe black day in Indore

INDORE: Transporters observed ‘black-day’ on Monday to protest against skyrocketing fuel prices and gave a month’s ultimatum to the government to reduce taxes on fuel to stabilize prices or face a nationwide indefinite suspension of operations.

Truckers of Indore put up black flags on their vehicles and raised slogans against unprecedented rise in fuel prices that has escalated cost of operations by over 25 per cent and squeezed margins in negative.

C L Mukati, president, Indore Truck Operators and Transport Association said, “Transport is one of the worst-hit sectors in pandemic and fuel hike has come as a double whammy. We have urged the government to roll back the hike in fuel prices or else we will go for indefinite strike.”

Transport associations All India Motor Transport Congress and Indore Truck Operators and Transport Association have called for a nationwide suspension of operations in the first week of August if the government fails to reduce excise and state taxes on fuel to stabilize its fluctuating prices.

Vijay Kalra, vice president, All India Motor Transport Congress (West Zone), an apex body of transporters said, “Small operators are being shunted out of business which forms about 85 per cent of the population of commercial vehicle operators in the country across all segments. It is not possible to continue business in losses and forced to suspend operations.”

Truckers have demanded reduction in excise duty by the Centre and VAT by the state governments on diesel and petrol.

Protestors demanded uniform rates of diesel and petrol across the country and quarterly revision of fuel prices.

They also urged the government for an EMI moratorium for six months in the wake of the pandemic.

On Monday, diesel was priced at Rs 97.7 a litre and petrol was retailing at Rs 106.8 per litre. Diesel prices have risen by around 9 per cent since the beginning of May.

Hundreds of truckers held protest at Dewas Naka, Loha Mandi, Transport Nagar and a few other pockets of the city before submitting a memorandum to the divisional commissioner.

News source- Economic Times

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