sawant has written to union finance minister nirmala sitharaman requesting her to intervene and come to the rescue of thousands of cab owners and drivers many of whom have not had any earning in the past few monthsmumbai more than 50000 drivers and owners of aggregator cabs besides some kaalipeeli taxis and autorickshaws said they fear confiscation of their vehicles from september for default of repayment of emi on the vehicle loan to prevent this shiv senas transport wing shiv vahtuk sena has urged the union finance ministry through mp arvind sawant for a fourmonth extension to stop loan repayment and to allow a moratorium till december 31 advt most officegoers are working from home and only 10 travel to government and private offices 33 in hotel business domestic and international tourism is also shut this has badly hit auto taxi and aggregator cab business like ola and uber said shiv vahtuk senas state vicepresident sajid supariwalahe said the situation is expected to improve in four months with some restrictions being eased from september drivers will earn an income in four months and may be in a position to repay loan emis so the moratorium period should be extended by four months till december 31 he saidsawant has written to union finance minister nirmala sitharaman requesting her to intervene and come to the rescue of thousands of cab owners and drivers many of whom have not had any earning in the past few monthsshahnawaz hussain a driver partner with an aggregator firm said the tax waiver for six months has been a relief but we need to improve our earnings and ensure that we can pay all bills emis insurance future taxes and also run our familysangharsh tourist chalak malak sangh president raju patil said the aggregator cab fleet has gone down drastically sources said that 40 of the normal fleet now plies on streets theres been an 80 drop in customers during covid months he saidalso read as the loan moratorium ends today its a rough ride ahead for transport sector by somit sen tnn published on sep 1 2020 at 0142 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app repayment of emi emi for cab loans emi union finance ministry maharashtra december 31 shiv vahtuk sena owners of aggregator cabs homenewsindustrymaharashtra put on hold repayment of emi for cab loans till december 31