AIMTC seeks blanket loan moratorium for transporters till Aug 31 ...Middle East

Devdiscourse - Opinion

Transporters' apex body AIMTC on Wednesday said it has requested the government for a blanket loan moratorium for the sector till August 31, 2021 in the prevailing scenario to help in maintaining business continuity. In a statement, the All India Motor Transport Congress (AIMTC) pointed out that around 70 per cent of the country is under lockdown and more than 85 per cent of the transporters are small operators having one to five vehicles (both cargo and passenger segment). ''We have requested the government for blanket loan moratorium in the prevailing scenario to help in maintaining business continuity and tackling stressed sectors like the transport sector and help in survival of crores o

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Last updated : 12 May 2021 clock 04:17 PM

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AIMTC seeks blanket loan moratorium for transporters till Aug 31 ...Middle East

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