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Farmers protest resulting in daily loss of Rs 3,500 cr: Assocham

Industry body Assocham on Tuesday urged the Centre and farmers organisations to resolve the impasse over the new agri laws, saying that the protests are inflicting a heavy blow to the economies of Punjab, Haryana, Himachal Pradesh and J&K. A daily loss of Rs 3,000-3,500 crore is resulting in the economies of the region from the value chain and transport disruption because of the protests, according to a rough estimate by the chamber. Assocham President Niranjan Hiranandani said, The size of the combined economies of Punjab, Haryana, Himachal Pradesh and J&K is about Rs 18 lakh crore. With the ongoing farmers agitation and blockade of roads, toll plazas and railways, the economic activities have come to a halt.

Farmers protests affected trade, economic activities worth Rs 5,000 cr: Traders body

Farmers protests affected trade, economic activities worth Rs 5,000 cr: Traders body ANI | Updated: Dec 15, 2020 17:43 IST New Delhi [India], December 15 (ANI): The farmers protests affected trade and other economic activities worth Rs 5,000 crore during the past 20 days, said Confederation of All India Traders (CAIT) on Tuesday. As per a statement, an estimate of about 30 to 40 per cent of the goods coming to Delhi have been affected by the protests, adversely affecting trade activities. The CAIT held a meeting with leaders of sectors of the economy associated with agriculture, calling on farmers to resolve their issues by talking to the government, and also called upon the Centre to listen to the farmers.

Farmers protests affected trade, economic activities worth Rs 5,000 crore: Traders body

Farmers protests affected trade, economic activities worth Rs 5,000 crore: Traders body SECTIONS Last Updated: Dec 15, 2020, 06:10 PM IST Share Synopsis The CAIT held a meeting with leaders of sectors of the economy associated with agriculture, calling on farmers to resolve their issues by talking to the government, and also called upon the Centre to listen to the farmers. The leaders sympathised with the legitimate demands of the farmers saying that it was essential to convert the deficit farming to profit farming and to encourage common farmers to continue in a better way. AP It further said that while they respected the farmer s democratic right to protest, it must be ensured that the democratic rights of other sectors may not be encroached upon.

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