India is facing a loss of around Rs 35,000 crore per day as economicactivities come to a halt with the ongoing protests of farmers againstarbitrary reform laws.

The protests are giving a big blow to the inter-connected economies of theregion including Punjab, Haryana and Himachal Pradesh, the AssociatedChambers of Commerce and Industry of India (ASSOCHAM) has said.

The already broken supply-chain and transport disruption, which wasrecovering post the pandemic-induced lockdown, has come under severe stress.

INDIA’S ALREADY BROKEN SUPPLY-CHAIN AND TRANSPORT DISRUPTION HAS COME UNDERSEVERE STRESS

“Industries such as textiles, auto components, bicycles, sports goods whichcater significantly to the export markets will not be able to fulfil theirorders, ahead of Christmas, harming our goodwill amongst the globalbuyers,” ASSOCHAM President, Niranjan Hiranandani said, according to News18.

The standoff between the Indian government and tens of thousands of farmers— who are peacefully protesting against three farming reform bills —continues to grow near Delhi.

The ‘DelhiChalo’ peaceful protests have sparked others to take place acrossIndia and other countries, with a majority of Punjabi and Sikh farmersleading the charge on the ground locally and abroad to raise awarenessabout the issue, Global News said.

The protestors have been met with water cannons on some of the coldestwinter days Delhi has experienced, along with tear gas, concretebarricades, and some were even beaten with batons.

Despite the agitation from the government, farmers remain strong in theirresolve to see the bills repealed in order to protect their future.