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TU Strike will result in Rs. 20,000 Crore loss

Posted on: 20/Feb/2013 3:05:50 PM
According to the Associated Chambers of Commerce and Industry of India (ASSOCHAM), the Bharat Bandh on 20th and 21st of February will result in a loss of Rs. 20,000 crores.

Says ASSOCHAM President, Mr. Rajkumar Dhoot, ‘The strike would take its toll on at least 30-40 per cent, or Rs.15,000 crore to Rs.20,000 crore. The national economy, battling a slowdown, can ill-afford this situation. In fact, the strike would aggravate the price situation because of disruption in the supply of essential commodities.’

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