Cab drivers seek moratorium on vehicle loans, support – The Hindu BusinessLine

lipped from: https://www.thehindubusinessline.com/news/national/cab-drivers-seek-moratorium-on-vehicle-loans-support/article34671113.ece

“Banks and the finance cos are seizing vehicles even as the drivers are struggling to earn enough to survive”

KV Kurmanath With the pandemic adversely impacting incomes, taxi drivers, including those working for cab aggregators, have called for a loan moratorium till December 31 to cope with the financial crisis.

“The much-talked about financial assistance by the companies has barely reached a small percentage of drivers. The banks and the finance companies are seizing vehicles even as the drivers are struggling to earn enough to survive in this pandemic,” Shaik Salauddin, Chairman of the Telangana State Taxi and Drivers Joint Action Committee, has said.

In a letter, he drew the Chief Minister’s attention to the financial crisis that the drivers were facing. He asked the State government to set up a Drivers’ Welfare Board to take care of the challenges faced by the drivers.

Asking the Chief Minister to get ration cards of several drivers renewed so that they become eligible for various government schemes.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s