90 Lakh Trucks To Go Off The Roads In Strike Over Hike In Fuel Prices, Insurance Premium

| June 18 , 2018 , 12:23 IST

Truck owners and operators on Monday have launched an indefinite nationwide strike against increasing prices of diesel fuels and the sharp hike in 3rd party insurance premium. Around 90 lakh trucks are expected to be off the roads due to the strike.

All India Confederation of Goods Vehicle Owners’ Associations President Channa Reddy announced the strike in a statement to IANS.

“The indefinite strike against the soaring diesel prices and steep rise in the third party insurance premium begun this morning. About 90 lakh trucks are expected to be off the road and as of now, over 60 percent trucks were not plying on the roads across India,” Reddy said.

ALSO READ: Speedy Truck Kills Three Children In Bihar

“The government’s argument is that the fuel price increase was due to international prices. However, we think the reason for price increase is not due to international prices but high taxes levied by the governments, Centre and the states,” he said.

“Since the trend of annual increase of third-party insurance premium has been continuing for last 15 years even after the opening of the insurance sector. To stop the increase per year, we have requested the IRDAI to detariff this. But, the authority has not responded to our demand,” Reddy added.

The Federation of West Bengal Truck Operators’ Association Joint Secretary Sajal Ghosh said that there had been a good response to the strike in the state, with 3.5 lakh trucks taking part and not plying on the roads.

As a result of the strike, it is likely that there would be a hike in the prices of perishable goods, due to supply constraint.