COVID second wave hits transport sector hard
[ad_1]
The transport sector has been hit hard once more with the second wave of COVID-19, which had already put the trade in deep disaster with the lockdown and drop in financial exercise in 2020.
The trade which was offering employment to hundreds of individuals straight and not directly had already been struggling in Andhra Pradesh with the steep hike in costs of diesel and toll charges. Transport fees reportedly remained at similar degree regardless of the extra burden of diesel and elevated toll.
For occasion, a lorry proprietor fees almost ₹18,000 to transport items from Srikakulam to Vijayawada. The proprietor shardly makes a revenue of ₹4, 000 per journey after deduction of all of the expenditure, together with wages of driver and cleaner. But every proprietor hardly will get eight to 10 bookings per 30 days and the quantity generated could be spent once more for cost of EMI, upkeep of automobiles and insurance coverage and others.
Andhra Pradesh Lorry Owners’ Association vp M.Janakiram Reddy stated many drivers and cleaners have been scared to take up lengthy journeys owing to COVID concern, resulting in lack of bookings. “Economic activity has come down significantly with the impact of second wave. Its cascading affecting is more on the transport sector,” he added.
Srikakulam District Granite Lorry Owners’ Welfare Association president Venkata Satyanarayana and common secretary Allu Nagesh stated that granite export to China and Europe was disrupted with the impression of the second wave.
“Over six lakh tonnes of granite has been sent to Visakhapatnam and Kakinada ports. But its shipment to other countries has not been done. The granite exporters who could not get amount from importers are unable to clear transport bills. It has become a big shock for all granite lorry owners,” stated Mr. Nagesh.
“Diesel which was available at around ₹60 a litre five years ago is now priced at ₹90. It is a big jolt for the entire transport sector,” he added.
[ad_2]
