Faced with acute shortage of cash to transact business, the transporters in Delhi are likely to go on strike from Tuesday. The transporters said they have no cash to run their vehicles.
The final decision is expected to be taken by Monday evening after the transporters' body takes up the call.
The national Capital could face shortage of essential goods like vegetables, grains, flour and other food items that are consumed on daily basis.
Asia's largest vegetables and fruits market Azadpur Mandi will be the hardest hit as the whole sellers are heavily dependent on supply from the neighbouring States. A vegetable seller said they have not been able to do business due to cash crunch as most of the business at Azadpur Mandi is transacted in cash. After the demonetisation, the business has come to a grinding halt, he added.
Meanwhile, All India Motor Transport Congress (AIMTC) has demanded to increase minimum limit of withdrawal from `10,000 to `20,000 per day. “If demands are not met, transportation of both passengers and cargo would come to standstill due cash crunch.
“80 per cent of the transport operation cost is cash based. This implies `1,194 crore is required on daily basis by the transport sector for operation. A small transport operator having 10 trucks needs `3.50 lakh daily,” it said. "If the flow of cash is not sufficient, the transport sector is poised to standstill in
the country,” said AIMTC.