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|Truck Freightage Defies Trends in Economy: IFTRT Report |
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|Defying the buoyant data being released by various agencies about the expansion of economic activities and soaring corporate profits, |
|the trucking business, consisting of 3 million trucks, has failed to look up in last 4 weeks. The truck freightage has remained flat |
|on most of the trunk routes despite increase in cost of operation due to 2 diesel price hikes (Dec 31 and Dec 15' 03) totaling Rs.2/- |
|per litre (10%) and have, in fact, sharply declined on trunk routes passing through Uttar Pradesh due to resumption of overloading by |
|trucks. |
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|On the other hand various State Governments had withdrawn Gold