Wednesday, Aug 25, 2004
Wednesday, Aug 25, 2004 |
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Advts: Classifieds | Employment | Tamil Nadu
By Our Tamil Nadu Bureau
CHENNAI, AUG. 24. The section of truckers striking work in the State, as part of a nationwide protest against imposition of the service tax, is planning to persuade other transporters too to join the agitation. A leader of the protesting truckers said discussions to persuade transporters, who were not participating in the strike, had already begun. More vehicles were expected to go off the road, he said, hinting that they could include those moving essential commodities. The strike, which entered the fourth day today, had intensified, he said. With a section of truckers not participating in the strike, there was no report from anywhere in the State of disruption in supply of daily use products. But movement of cargo beyond the State borders was not easy. Trade and industry sources said the impact of the strike in the neighbouring States was relatively big. The Southern India Chamber of Commerce and Industry said the working capital of many industrial units was blocked by the strike. While many of the units stocked up their inventory, others were finding it difficult to meet the delivery schedules. There were also units, which apprehended that they would go out of production in view of depleting raw materials.
Manufacturing units hit
In Coimbatore, a number of manufacturing units have started feeling the pinch. "Movement of yarn to the northern States has come to a halt," the chairman of the Southern India Mills' Association, Vijay Venkataswami, said. Almost 60 per cent of the yarn produced in Coimbatore was sold in Maharashtra, Gujarat and Uttar Pradesh and transport to these States was affected. Yarn stocks would start piling up with the mills if the strike continued, he said. On powerloom units, industry sources said the market had just started picking up and the strike would certainly have an adverse impact. At least 50 per cent of the powerloom fabric produced in the district was sold in the north. The Southern India Engineering Manufacturers' Association president, C.R. Swaminathan, said transportation of engineering goods to other States had almost come to a standstill. Consignments had not been despatched to the northern States for the past one week to avert trucks getting stranded. The Broiler Coordination Committee (BCC) president, R. Lakshmanan, said the strike had not affected transport of broiler birds from the district, as these were sold mostly within the State and in Kerala. He said the broiler farmers purchased soya for poultry feed from mainly Maharashtra and Madhya Pradesh. The arrivals might be hit if the strike continued. However, now most of the farmers had stocks with them. The president of the Kovai Thyagi Kumaran market vegetable merchants' association, M. Rajendran, said vegetables were received from different parts of the State and from Karnataka and their receipt was not affected.
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