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Bloomberg
Indian truckers ended their eight-day strike after the government agreed to consider most of the demands set forth by the transporters.
“Government has given us hope, that though not immediately, diesel prices may reduce by five rupees to six rupees a liter in a couple of months,†Kultaran Singh Atwal, chairman of All India Motor Transport Congress said.
The strike called by the All India Motor Transport Congress, which affected about
9 million goods carriers, was over a reduction in diesel prices and rationalisation of taxes.
“The government looks forward to working with the
entire transport industry,†Finance Minister Piyush Goyal said. The government has had discussions on problems related to Goods and Services Tax and other taxation-related issues, Goyal said in a tweet.
The government will put in place a mechanism within six months to ensure seamless movement of transport vehicles across toll plazas with the help of technology, according to a statement tweeted by Goyal.
An end to the strike spells relief for Prime Minister Narendra Modi, who risked being cornered by the opposition over rising prices ahead of general elections next year. The strike resulted in a revenue loss of $582 million per day for the participating truckers.