Kashmir transporters lose Rs 12 lakh daily

Kashmir transporters lose Rs 12 lakh daily

SRINAGAR: The valley transporters have suffered losses of over Rs 12 lakh daily since August 5 when the government abrogated the special status of Jammu and Kashmir.
The transporters are observing spontaneous shutdown across Kashmir with almost all the bus stands wearing a deserted look.
At Parimpora KMD bus stand at Srinagar, over hundreds of buses are sitting duck from the last 86 days.
The drivers said that with the abrogation of article 370 on August 5, their livelihood has been hit.
Abdul Rashid, a bus owner said after the public transport got off from roads, they have suffered huge losses.
“We are paying yearly insurance of bus of over Rs 1.20 lac and other charges. How are we going to get our returns back in these circumstances?” he said.
“After the bus stand has been shifted from Batamaloo to Parimpora Mandi, the rush of passengers has declined. We urge the government to give us tax waiver,” he said.
Shabir Ahmad Matt, chairman of All Kashmir Transporter Welfare Association told Kashmir Reader that the transport community is suffering daily losses of over 12 lakh rupees.
“There are nearly 750 buses, 2700 mini buses in Kashmir valley, who are suffering huge losses due to shutdown. The government should think about the sufferings of the transport community and should give tax waiver,” Matt said.

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