Paradip: Following the six-day truckers strike in front of the Indian Farmers Fertilizer Cooperative Limited (IFFCO) plant in the port town of Paradip, the organisation has decided to shut down the plant operations temporarily on Saturday in order to avoid huge losses.

IFFCO Executive Director MR Patel said the company has been incurring a loss of more than Rs 1 crore a day and added that as the talks between IFFCO and Truck Owners’ Association over fixing of transportation prices of fertilizers failed on three occasions, it was decided to shut down the units temporarily to prevent further losses.

The Joint Coordination Committee (JCC), an organisation of three Truck Owners’ Associations, has been demanding more than double the existing transportation rates, he added.

It may be noted that the Kalinga Cooperative Society, Paradip, has been transporting fertilisers of IFFCO for over 10 years and providing livelihood to nearly 500 people.

Moreover, the strike will affect 1,350 employees and 3,000 contract workers.