Indian economy facing loss of many crores due to farmers' protest
Indian economy facing loss of many crores due to farmers' protest
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New Delhi: The agitation by farmers, adamant on the demand for withdrawal of new agricultural laws brought by the central government, has entered the 63rd day. The country is losing 35 hundred crore per day due to the agitation of farmers performing on the borders of Delhi for more than 60 days. This assessment has been made by the Industry Chamber.

The members of the industry chamber have sought a solution from the government and the farmers to resolve the impasse. Industry chamber Confederation of Indian Industries also said that the half-system was disorganized due to corona after demonetization. The economy is suffering a lot from the farmers' agitation. On the farmers' agitation, industry chambers said that this is negatively impacting the economy, especially the economy of north-west India.

Assocham claims that the farmers' protest is proving to be widely detrimental to the interconnected economic sectors like Punjab, Haryana, Himachal Pradesh. These states are also centres of many major industries like food processing, cotton textiles, automobiles, farm machinery, it in addition to agriculture and forestry. Service sectors like tourism, trading, transport and hospitality are also very strong in these states. All these are suffering a lot due to protests.

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