Empowering MSMEs with News & Insights

Seemandhra unrest cost Rs 800 cr per day to industry

Updated: Dec 06, 2013 02:06:27pm
image
Hyderabad, Dec 06 (KNN)  The two day bandh call in protest against formation of a separate Telangana State is costing production loss of close to Rs 800 crore per day, according  to industry estimates.

All the 13 districts of Rayalaseema and coastal Andhra regions today came to a grinding halt to protest the union cabinet's approval to a draft bill for formation of a separate Telangana state.

“Although we haven’t made a formal assessment, production loss can be estimated at Rs 500 crore in the coastal region and over Rs 225 crore in the Rayalasyeema region.  This is so because the entire industry is participating in the bandh call – production houses, traders, shops, etc.” said Vijayawada Unit Secretary, Andhra Chamber of Commerce, Chukkapalli Prasad.

The Chamber has appealed to the organisers of the bandh, asking them not to include the industry in the agitation and strikes.   “We cannot afford such shutdowns.  Once crippled, it is difficult for us to make up the loss,” Prasad said.

Transport services were hit with more than 12,000 buses of state-owned Andhra Pradesh State Road Transport Corporation (APSRTC) going off the roads in Seemandhra. 

Shops, petrol bunks, business establishments and education institutions were also shut in response to the shutdown called by YSR Congress party for 24 hrs, Telugudesham Party for 48 hrs and Andhra Pradesh Non-Gazetted Officers (APNGOs) Association indefinitely. 

Political activists, public representatives, government employees, students and other sections of people took to streets since early morning in all nine districts of coastal Andhra and four districts of Rayalaseema. They were seen enforcing the shutdown and staging road blockades.

The shutdown was total in major towns like Visakhapatnam, Vijayawada, Guntur, Nellore, Tirupati, Kurnool and Anantapur.

Police and paramilitary forces were deployed in Seemandhra to maintain peace. Police sounded high alert Thursday night after the union cabinet approved draft Andhra Pradesh Reorganisation Bill for carving out a separate Telangana state.

Parties opposing the bifurcation have reacted strongly to the cabinet approval. Police stepped up security at the residences of central and state ministers, MPs and state legislators.

Seemandhra has witnessed massive protests after July-30 decision of the Congress Working Committee to carve out a separate Telangana state. Over six lakh government employees, APSRTC workers and teachers were on strike for nearly two months.  (KNN)

COMMENTS

    Be first to give your comments.

LEAVE A REPLY

Required fields are marked *