New Delhi, July 20 (UNI) Considering that transporters’ nationwide strike may cause a loss of Rs 20,000-25,000 crore to India’s economy, the apex industry body Assocham on Friday urged the All India Motor Transport Congress (AIMTC) to call off the strike and amicably resolve the issues pertaining to their demands with the Centre.

“The strike will further push up prices of essential items which is already facing twin challenges of floods in many parts of the country together with rise in both wholesale price index (WPI) and the headline consumer price index (CPI) that have hit a large number of businesses,” said Assocham Secretary General DS Rawat said.

The industry body has also urged the government to intervene to speedily resolve issues as transporters have been reeling under the impact of demonetisation, rise in input costs along with fuel prices, high cost of goods and services tax (GST).

The All-India Motor Transport Congress called for an indefinite strike on Friday, demanding lower diesel prices and reducing toll fees.

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