The price of diesel in Mumbai touched an all-time high of Rs 70.01 per litre on Monday. This has left scores of transporters fuming, with the threat of a transport strike looming large.
The price of petrol too shot up to Rs 82.35. But it is still off its all-time high of Rs 83.62 on September 14, 2013.
“We are being pushed to the wall, with the price of diesel escalating every day. Now, it has crossed the Rs 70-mark and this could have a cascading effect,” said Bal Malkit Singh of All India Motor Transport Congress.
He said 65% of the operational costs for a transporter constituted diesel cost. “It is slow poison which is killing the transport industry. We will have no option but to go on strike if the situation does not normalise soon,” he threatened. Read More