Business Standard

Saturday, December 21, 2024 | 08:15 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Transport costs up 12% due to farmers stir: Ficci's MSME confederation

It pegged the daily loss to the businesses at about Rs 3,000 crore, which would mount if the situation is not addressed

Transport strike, trucks, protests, bharat bandh, unions, trade, strike
Premium

Spurt in festive sales in many sectors would come under pressure due to protests and blockages.

Indivjal Dhasmana New Delhi
Ficci's wing for the micro, small and medium enterprises said industrial units have reported 8-12 per cent rise in transportation costs due to the ongoing farmers stir against agricultural Acts. It pegged the loss to the businesses at around Rs 3,000 crore daily which would mount if the situation is not addressed. 

FICCI Confederation of Micro, Small & Medium Enterprises (CMSME) said that feedback received from its various constituents showed that small and medium enterprises units in Punjab, Haryana, Himachal Pradesh, Rajasthan, Delhi NCR, Uttar Pradesh and Uttarakhand have been at the receiving end as the supply chains for their raw

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in