'Bharat Vyapar Bandh' may see mixed response
A mixed response is expected to the 'Bharat Vyapar Bandh' on Friday with differential impact across various states, traders' representatives said.
Confederation of All India Traders (CAIT) Secretary General Praveen Khandelwal told PTI that markets in the national capital will close after 2 PM.Sharing feedback on the Bandh's impact in other states, he said all major markets will be shut in states like Maharashtra, Gujarat and Madhya Pradesh, whereas it is expected to have 70-80 per cent impact in South India and over 80 per cent impact in the North East states.
Bharat Bandh today: Everything you need to know
Traders' body Confederation of All India Traders (CAIT) has called for 'Bharat Bandh' on February 26 demanding a review of the "draconian" provisions of the goods and services tax (GST) regime. Several other transport bodies are also protesting against the changes in the E-way bill and the continuous rise in diesel prices.
The All-India Transporters Welfare Association (AITWA), Karnataka Goods Transporters’ Association and South India Motor Transporters Association besides many state-level bodies are protesting against the changes in the e-way bill and also continuous rise in diesel prices.
As many as 6 million trucks including 1.2 million national permit holders (about 75,000 inbound and outbound trucks are in Bengaluru) will go off the roads.
Huge disruption of goods transport likely
Transportation of goods and services is set to come to a grinding halt on February 26 across the country as several transporters’ associations and Confederation of All India Traders (CAIT) have called for a Bharat Bandh demanding a review of the provisions of the GST regime.
SKM appeals to farmers to peacefully participate in 'Bharat Bandh'
The Samyukta Kisan Morcha (SKM), spearheading anti-farm laws protests at Delhi borders, appealed to farmers on Thursday to peacefully participate in a 'Bharat Bandh' called by transport and trade unions on February 26.
Khandelwal said that almost 950 amendments have been made so far to GST rules in the past four years. Issues related to glitches in GST portal and the continuous increase in compliance burden are the major lacunae in the tax regime, he added.
"All commercial markets across the country will remain closed and protest dharnas will be organised in different cities of all states," Khandelwal said adding that along with CAIT, over 40,000 traders' associations across the country will support theBandh.
Addressing a press conference, CAIT Secretary-General Praveen Khandelwal said it is also talking to the government on this issue.He said the All India Transporters Welfare Association (AITWA) will also support CAIT's Bharat Bandh call and hold a 'Chakka Jam' on February 26.
It also called for a review of the GST system and its tax slabs to simplify and rationalise it for easier compliance by traders.
The Confederation of All India Traders (CAIT) said dharnas (protests) will be held nationwide in 1,500 places demanding the Centre, state governments and the GST Council to keep in abeyance the "draconian" provisions of GST.
Good morning readers, all commercial markets across the country will remain closed on February 26 in view of its 'Bharat Bandh' called by traders' body CAIT. The body is demanding a review of the provisions of the goods and services tax (GST) regime. Track this blog for live updates.