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Clashes have started telling on economy

Clashes in and around Gorakhpur, apart from human losses, have economic repercussions too, reports Rajesh Kumar Singh.

india Updated: Feb 04, 2007 10:19 IST

Clashes in and around Gorakhpur, apart from human losses, have economic repercussions too. Property worth lakhs have been destroyed during the violence in the area. Besides, losses suffered by businessmen are already running into crores.

Members of various traders' organisation said closure of establishments for over a week had already broken the backbone of small traders. "If normalcy was not restored soon we would ruin completely," traders lamented.

Members of the Drug and Chemist Association said the drug market in the city was biggest in Purvanchal region and daily turnover was over Rs 3.50 crore. From Bhalotia Market, drug was supplied even to the neighbouring districts of Bihar and Nepal. For over a week now the sale and supply of drugs had come to a grinding halt.

Along with drug sellers, grain merchants, petrol pump dealers, hotel and restaurant owners, textile merchants, jewellers and other businessmen have also suffered heavy losses. According to an estimate prepared by traders association, the loss on business front was to the tune of whopping Rs 150 crore daily.

Figure would cross billion mark if the losses suffered by the traders in neighbouring districts were added.

Besides, during violence, the miscreants targeted trains and buses plying in the region. The North-Eastern Railway (NER) has already stopped plying of 40 passenger trains in the region. The Railway officials accepted that sale of ticket had gone down by 15 per cent. General Manager NER Sukhbir Singh said all the trains would start plying once the law and order situation improved.

Hooligans had targeted over half-a-dozen trains and had set ablaze around two coaches. PRO NER SP Mishra told Hindustan Times that police escort had been provided in the express trains passing through Gorakhpur.

Unruly mob has also targeted UPSRTC buses. Already nine buses have been set on fire at various places. The value of these buses is around Rs 1.50 crore.

After deterioration of law and order, the Roadways had also stopped plying of buses on various routes. Regional UPSRTC officer said the department had incurred loss of Rs 90 lakh since the outbreak of violence in the region.

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First Published: Feb 04, 2007 10:19 IST