Channelnewsasia.com
Monday, October 06, 2008
   
 
  blogs  
 
yournews
   
Video Finance Features Weather Travel Discussion TV Shows
CNA Live    | About Us 
 
  Home ›
 
Business News

 
 

Millions of truckers in India call off strike
Posted: 04 July 2008 1713 hrs

 
 
Photos  of

   
 


NEW DELHI : Millions of Indian truckers ended a strike early Friday after the government agreed to supply diesel at a uniform price across the country and not hike road toll taxes.

The agreement came after 10 hours of dialogue between representatives of the two sides, the Press Trust of India news agency said.

Some 4.8 million truckers had stopped their services since midnight July 2, putting pressure on food and other supplies across the country.

"All our issues on service tax have been resolved," Charan Singh Lohara, who heads the All India Motor Transport Congress, was quoted as saying by the news agency.

Transport ministry secretary Brahm Dutt said the government had agreed that there would be "no increase in toll taxes for a year on government-funded national highway stretches," the news agency reported.

The government had also issued a directive to state-run oil companies to make available non-branded diesel in all their outlets across the country, so that truckers do not have to pay more for premium fuel, officials added.

Discontent among truckers had been brewing since the government last month increased petrol and diesel prices for the second time this year to stem huge losses at state-run oil companies, stirring political opposition and street protests.

- AFP/ms

 

 



Other business News
Panic grips global stock markets
Asian stocks plummet on fears for global economy
Europe scrambles for rescue plans
ECB renews one-day loans of US$50b
Oil prices hit eight-month lows of below US$90
Euro hits 13-month low of 1.3551 dollars
Bank rescue deal struck as Germany guarantees savings
SKorea tries to speed up talks on US$80 billion fund
Taiwan's September consumer prices up 3.09%
Citi, Wells Fargo turn to courts to win battle for Wachovia
Appeals court strikes down Wachovia-Wells Fargo merger injunction
BNP Paribas takes control of Fortis in Belgium, Luxembourg
South Korean won at lowest level against dollar in more than six years
"Nothing to fear" from China investment, says Australian PM
China to allow margin trading, short selling on trial basis
Britain mulls buying shares to recapitalise banks, say reports
Bank of America says to spend up to US$8.4 billion on Countrywide
Euro falls to 13-month low against dollar
AIG to sell Philippines unit
Nomura to buy Lehman's Indian IT operations
Report says Lehman sought Fed's help in July but was rebuffed
No depression, major recession from US finance crisis, says Bill Gates
Dubai announces US$95 billion new city development
China says holiday retail sales up 21% on-year
Asian stocks mauled as Europe's financial crisis deepens
New York oil price falls briefly below US$90
Asian markets suffer heavy losses as Europe's financial crisis deepens
Banks brace for more turmoil as Europe scrambles for rescue plans

 


Advertisements

 
Affiliate Sites:
 
About Us  |  Contact Us  |  Advertise with Us  |  Terms & Conditions