Trade between India and Pakistan comes to a grinding halt
PTI Trade between India and Pakistan remained disrupted for the second day today because of the strike by truck operators. Trade was disrupted at the Integrated Check Post (ICP) when sizeable members of the Attari Truck Union launched stir for indefinite period yesterday in support of their demands. The agitating truckers and drivers, along with their families, relatives joined the stir near the ICP. One of the Union leaders Kulwinder Singh said the Union has unanimously resolved to take up the matter with Amritsar Deputy Commissioner as well as Custom Commissioner for the redressal of their issues. He said influential transporters were overloading their trucks at lower prices allegedly in connivance with the officials posted at ICP. However, authorities at ICP ...
Strike hits export sector, results in losses worth Rs.25 k crore
Sai Nikesh | The Dollar Business A nation-wide strike on Wednesday called by around ten central trade unions caused loss of up to Rs.25,000 to the country, according to an estimate. Apart from affecting bank transactions, transportation of various overseas consignments came to a standstill due to the strike, hitting traders. “The strike called by trade unions created further problems for crisis-ridden export sector which has been witnessing decline for the past eight months,” Anupam Shah, chairman, Engineering Export Promotion Council (EEPC), told The Dollar Business. Transport and cargo services were disrupted across the country. “Besides, the documentation process for lifting of cargo, both imports and exports, got affected as the banks were not able to function,” Shah added. S C Ralhan, ...
