Business Daily from THE HINDU group of publications Thursday, Nov 02, 2006 ePaper |
|
|
|
|
|
|
|
Industry & Economy
-
Industry Associations Logistics - Trade & Labour Unions States - Kerala Traders' plea to end transport strike Our Bureau
Kochi , Nov. 1 The trade and industry has expressed concern over the ongoing transport strike in the State, which entered the third day on Wednesday. The Cochin Chamber of Commerce and Industry said that the present strike is beginning to affect the prices of essential commodities, which would put the common man in the State to greater difficulties. At a time when we are celebrating the 50th anniversary of the State's formation, it is most unfortunate that we are faced with such a crisis that is bound to affect the economic growth and image of the State, Mr Eapen Kalapurackal, Secretary of the Chamber, said.
Chamber plea
The Chamber has urged the Chief Minister to effectively intervene in the matter and restore normalcy at the earliest. The ongoing strike, he said, has affected the operations of the Kochi port, resulting in total stoppage of container movements. This will throw shipping schedules and consignment delivery arrangements into total disarray. This is will further more result in the loss of renewed orders, he said. The Chamber pointed out that frequent strikes and hartals would seriously undermine the efforts being made by the port to project itself as the premier port of southern India. An unfortunate outcome of this situation is that shipping agents are already planning to divert consignments to neighbouring ports, he added. Mr K. Retnan, President, Indian Chamber of Commerce and Industry, said that the strike had crippled the tea industry due to the stoppage of movement of auctioned teas. The construction activities have also been adversely affected as movement of materials is impossible. If the strike is allowed to continue, it will lead to severe financial strain to the business community as well as the agriculture sector, he added.
More Stories on : Industry Associations | Trade & Labour Unions | Railways | Kerala
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|