Lockdown impact; Automotive industry suffered Rs 2,300 cr loss per day, 3.45 lc job loss: Par panel
New Delhi, Dec 15: In the wake of the COVID-19 pandemic and subsequent lockdowns, the automotive industry suffered Rs 2,300 loss crore per day and an estimated job loss in the sector was about 3.45 lakh, according to a parliamentary panel report submitted to Rajya Sabha Chairman M Venkaiah Naidu on Tuesday.
The Parliamentary Standing Committee On Commerce, chaired by Telangana Rashtra Samithi (TRS) MP Keshav Rao, has also suggested a slew of measures for attracting investment in the automotive sector in the country, including overhauling of prevalent land and labour laws.
"The committee was informed by the auto industry associations that all the major original equipment manufacturers (OEM) have cut down their production by 18-20 per cent due to low demand and decline in sales of vehicles. As a result, the employment scenario in the automobile sector has been affected and the an estimated job loss in the auto sector at 3.45 lakh," the panel said in its report.
Hiring of manpower has been stopped in the auto industry sector. Besides that, 286 auto dealers have been closed. Further, production cuts in the automobile sector have a percolating negative impact on the component industry adversely affecting the Micro, Small and Medium Enterprises (MSME) engaged in the automobile spare parts manufacturing, the report states.
"As informed by the Automobile Industry Associations, the production stoppage at the automotive OEM and component supplier due to the COVID-19 pandemic and subsequent lockdowns led to a loss of approximately Rs 2,300 crore per day to the automotive sector," according to the report.
The standing committee further said the actual magnitude of the impact depends on the duration of lockdown period, the intensity and extent of spread of the COVID-19 outbreak.
Considering the crisis, it is predicted that the automobile industry is likely to go through at least two consecutive years of severe contraction, leading to low levels of capacity utilisation, lack of future CAPEX investment, high risk of bankruptcy and job losses across the entire automotive value chain, the committee said.
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CM Sai says Chhattisgarh now 'free' of Naxalism, hails March 31 as historic day for state
Raipur (PTI): Chief Minister Vishnu Deo Sai on Tuesday asserted Chhattisgarh was now "free" of Naxalism and described March 31, the deadline set by the Centre to eradicate Maoism, as a "historic" day for the state, which was once a hotbed of the violent movement.
Targeting the Opposition Congress, Sai alleged that during the 'Bharat Jodo Yatra', party leader Rahul Gandhi had shared the stage with Naxalites at several locations.
Speaking on sidelines of a programme in Raipur, the CM thanked Prime Minister Narendra Modi and Union Home Minister Amit Shah for providing decisive leadership in the fight against Left-wing extremism (LWE) and said the insurgency had long been a major obstacle to development.
"Today marks a truly historic day for Chhattisgarh as Naxalism is being eliminated from the state. On behalf of the 30 million people of Chhattisgarh, we extend our deepest gratitude to Prime Minister Modi ji and Home Minister Amit Shah ji," he said.
In 2024, the Centre set a deadline of March 31, 2026, to completely eliminate Naxal violence from the country.
The vast Bastar region, once an epicentre of Naxal violence, remained largely untouched by development for 40 years, but it can now progress rapidly, Sai maintained.
Asked about Shah's statement in the Lok Sabha on Monday that when Rahul Gandhi undertook his march, many Leftists joined it, Sai said, "during the 'Desh Jodo Yatra' undertaken by the Congress MP, he met Naxalites at numerous locations.
At several places, Naxalites even shared the stage with him (Gandhi), the BJP leader alleged.
"When notorious Naxal leader Madvi Hidma, responsible for killing hundreds of people, including our security personnel, was neutralised (in late 2025), people chanted slogans that 'many more Hidmas will emerge'. Gandhi even posted them (slogans) on social media, which shows his intent," the CM stated.
When pointed out that former CM Bhupesh Baghel used to claim that evidence regarding the deadly Jhiram Ghati attack by Maoists was in his "pocket", Sai said, "When the Congress was in power, it failed to act despite claiming to have enough proof."
Even after being in power for five years (2018-23), they could neither investigate the Jhiram Ghati case nor produce the so-called proof, the CM opined.
The Maoist attack on May 25, 2013, targeted a Congress convoy during the party's 'Parivartan Rally' ahead of assembly elections, killing 32 people, including then Chhattisgarh Congress chief Nand Kumar Patel, former Leader of Opposition Mahendra Karma, and ex-Union minister V C Shukla.
In a series of posts on 'X', Sai spoke about the end of Naxalism in the BJP-ruled state.
"A Fear-Free Bastar, A Naxal-Free Chhattisgarh. Where once the echoes of gunfire resounded, today flows a new current of development, trust, and good governance. Emerging from the shadow of fear, Bastar is now marching forward with unwavering resolve on the path of self-confidence and progress," he noted.
He credited effective policies of the BJP-led governments in Chhattisgarh and at the Centre for the turnaround in Bastar, which was once associated with Naxal violence.
"This transformation is the fruit of our 'Double Engine' governments' steadfast resolve, effective policies, and unwavering trust of people. A place where peace has triumphed over fear and security has inspired confidence. Prosperity is steering Bastar's bright future toward new heights," Sai noted.
A new chapter of peace, development, and trust has started in Chhattisgarh, especially in Bastar, the CM declared.
"Today, every village shines with light, every path leads to development, and every face bears not fear, but a smile. The sunrise of March 31, 2026, stands witness to Bastar's transformation - from a region once defined by fear to one embracing a hopeful and bright future. A New Bastar, A New Chhattisgarh, a new chapter of peace, development, and trust," he asserted.
