IRDA refuses to bow to demands of truckers’ association
Though Tamil Nadu truckers and the State Government reached an agreement over local issues, the truckers strike that began on March 30 would continue as their main demand with the Union Government to revoke the hike in third party insurance premium was not acceded to by the Insurance Regulatory and Development Authority (IRDA).
By : migrator
Update: 2017-04-03 21:14 GMT
Coimbatore
The was announced by South India Motor Transport Association (SIMTA) general secretary G.R. Shanmugappa as talks with IRDA had failed in Hyderabad on Monday evening. Top executives from the insurance companies, IRDA officials and representatives of truckers bodies at the national level took part in the talks.
“The strike will continue and intensify. Insurance companies have not agreed to reduce the premium. All India Motor Transport Congress (AIMTC) the parent body of truckers and other transport organisations in the country (including SIMTA) have also decided to advance the strike that they had announced from April 20 to April 8,” Shanmugappa told DTNext.
Meanwhile, other transport associations are likely to join the strike soon. Murugan, general secretary of Tamil Nadu Lorry Owners Federation, said, “Both the State and Centre should pay special attention to our demands. We have not yet joined the strike. However, the situation is going from bad to worse.” There would be a possibility for the federation to join other associations to raise their demands, he added.
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