AITWA in­tro­duces ‘Car­riage by Road Cost In­dex’ at ‘Trade Man­than’

Cargo Talk - - Industry News -

The All In­dia Trans­port Wel­fare As­so­ci­a­tion (AITWA) re­cently hosted a work­shop called ‘Trade Man­than’ in New Delhi. The event was at­tended by lead­ing trans­port com­pa­nies from across the coun­try along with the rep­re­sen­ta­tives from the Min­istry of Road Trans­port and High­ways. At this work­shop AITWA un­veiled ‘Car­riage by Road Cost In­dex (CRI)’ which was pre­pared and pre­sented by Ma­hen­dra Arya, Pres­i­dent, IRTDA. CRI has been de­signed to re­flect the ef­fects of changes in the in­put prices of trans­porta­tion on the over­all cost­ing. It also de­fines the share of cost of dif­fer­ent com­po­nents like diesel, tyre, toll, cap­i­tal in­vest­ment, main­te­nance and road taxes—for the first time in In­dia.

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