Karnataka trade body seeks sops for COVID-hit businesses
Flickr/Trinity Care Foundation
Reeling under the impact of the extended lockdown across the state, the Federation of Karnataka Chamber of Commerce and Industry (FKCCI) on Friday sought concessions from the state government to the business community suffering mounting losses. We urge the state government to waive fixed charges on power levied by state-run distributors on all industrial and commercial establishments, which are reeling under the COVID-induced lockdown that has been extended till June 7, said FKCCI president Perikal Sundar in a statement here.
The trade body also asked the government to defer payment of current and water bills by 3 months till August 31, as trading and business activities have come to a standstill due to the lockdown imposed since April 27 to contain the virus spread in the pandemic s second wave.
‘Four hours an impractical window to function; will create bottlenecks in supply’
Updated:
Updated:
APMC traders seek longer working time on alternate days
Share Article
APMC traders seek longer working time on alternate days
The State government’s decision to allow Agricultural Produce Marketing Committee (APMC) yards to function only for four hours (6 a.m. to 10 a.m.) has been described by traders as “impractical”. They say that it would create bottlenecks in essential supplies.
They have suggested they be allowed to work longer hours, but on alternate days like during the lockdown last year.
Ramesh Chandra Lahoti, chairman, APMC committee, Federation of Karnataka Chamber of Commerce and Industry, said the norm could only have been introduced by people who do not understand the functioning of an APMC yard and the crucial role it plays in the supply chain.
Hike in fuel price begins to have a cascading effect on essentials
Updated:
Updated:
Share Article
AAA
Transporters at APMC yards are demanding an increase in the trip rates following diesel price rise .
The rise in diesel price by over 6% (around ₹5 a litre) in the State since the beginning of the New Year has already begun to have a cascading effect. The transport cost of essential commodities such as foodgrains and vegetables has shot up, and is expected to be passed on to customer soon.
“When the crude oil prices are relatively low in the international market, we don’t understand why the Union and State governments are increasing taxes and cesses on fuel. An increase of even ₹1 in diesel price will lead to inflation and burden common people,” said G.R. Shanmugappa of the Karnataka State Lorry Owners’ Association. He said the recent rally in diesel prices was already making itself felt. “Our costs are shooting up. While we will pass it on to the traders,