Srinagar 14 Sep : The valley based transporters are badly hit in the prevailing uncertainty which has forced them to stay off the roads from the last over 40 days causing huge losses to them on daily basis. Bearing the brunt of spontaneous shutdown, most of the valley based transporters are concerned about missing the deadline in paying off their loan installments.
According to the wire service, the valley faced a worst kind of clampdown in the aftermath of the abrogation of the Article 370 and the bifurcation of the J&K state into two Union Territories (UT’s). The prevailing uncertainty have taken toll on all sections of the society and have choked the business of the valley based transporters. Meanwhile, after the passage of more than a month of disrupted situation in the valley with no indication of the restoration of the normalcy, while the situation throughout the region continued to remain tense.
Umer Ahmad, a driver by profession told, “The prevailing uncertainty continues to create havoc on my business which is the only source of income for me even though due to the continuous communication gag I am not able to connect with my association heads so that I can narrate my ordeal to them.”
Umer said that there are many transporters who have procured loans on their vehicles and have already missed the installments of their loans due to prevailing situation which led to the financial crisis.
Another transporter Sameer Mir said apart from losing my livelihood I am much concerned about the debts that I payoff during the end of my working day as each passing day worsens my financial position and adds a penalty on my long pending debts.”
Mir said that he cannot operate in the present situation and the risks are high while plying the vehicles on the roads of the valley even though he told that he is not in a position to risk his life and property on roads.
Mir further said that floods of 2014 have not dented our business as much as the prevailing uncertainty did, this time is much different and much worse than that of 2014 floods. (KNO)