UPDATED: December 16, 2020 09:38 IST
Farmers gather at Ghazipur border during their protest against the Centre s new farm laws, in New Delhi on Tuesday. (Photo: PTI)
The farmers’ protest against the government’s new agriculture laws has reached the 20th day and more farmers from across the country are now joining the agitation. They remain firm on their demand to get the new farm laws repealed.
As the protest continues, industry bodies representing Indian corporates are worried about the stalemate situation between farmers and the government as it is causing huge losses.
Steep losses
The Associated Chambers of Commerce and Industry of India (Assocham) has urged the government and farmers organisations to resolve the impasse over the new farm laws.
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 Protest Severely Impacting Post-Covid Economy: Industry Body
Trade and other activities of about Rs 5,000 crore have been affected in Delhi and its surrounding states in the last 20 days
PTI 15 December 2020 PTI Photo/Vijay Verma outlookindia.com 2020-12-15T20:28:35+05:30
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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.
Industry organisation Assocham on Tuesday appealed to the Centre and farmers’ outfits to resolve their issues regarding the new agri-marketing laws, as the protests are affecting the economies of Punjab, Haryana, Himachal Pradesh and Jammu and Kashmir.
“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,” the chamber said in a rough estimate.
Assocham President Niranjan Hiranandani noted, “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.”