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One Year Farmers Agitation Caused Rs 60K Cr Loss: CAIT

The Confederation of All India Traders (CAIT) said that the figures of the losses are based on the inputs received by the research arm of the CAIT from different states.

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Amid the one year of farmers' agitation and repeal of three controversial farm laws, the Confederation of All India Traders (CAIT), on Tuesday, said that the one long year of protests caused a business loss of  60 thousand crore due to difficulties of transportation of inflow and outflow of goods that arose because of highway blockage. 

The said business loss predominantly happened in the months of November, December 2020 and January 2021. However, in later months, due to the combined efforts of CAIT  and All India Transport Welfare Association (AITWA), the transportation of goods from the month of February to July 2021 was intensified and the supply chain was restored to normal, the trade body said in a statement. 

The CAIT further said that despite various impediments, the supply of essential commodities continued uninterruptedly and there was no shortage of essential commodities as the truckers carried material from other states to Delhi

"After the withdrawal of three farm bills by the central government, there is no logic for the farmers to continue the agitation. One can not make demands one after another and if the demands are accepted, it will be presumed by the country that democracy has succumbed to the mob lynching," said 

CAIT National PresidentBC Bhartia and Secretary General Praveen Khandelwal in a joint statement said. 

In November, December 2020 and January 2021, there has been a considerable impact on supplies from Punjab, Haryana, Rajasthan, Uttar Pradesh, J&K, Himachal Pradesh to Delhi, CAIT added in the statement.  

"Transportation of goods from Maharashtra, Gujarat and Madhya Pradesh were also affected due to blockage of highways leading to Delhi by the farmers. Prominent items coming from these states include Foodgrain, FMCG products, electrical items, builders hardware, consumer electronics, auto spare parts, machinery articles, sanitarywares, packed general items etc. have been adversely affected," it added. 

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