Coimbatore: The Coimbatore Corporation Contractors’ Welfare Association has recommended the state government to keep an eye on the cement price, which has been expanding exorbitantly in recent times.
The association recently submitted a petition to the special secretary of Tamil Nadu Okay Padmanaban looking for to keep an eye on the cement price. The petition was referred to the manager secretary of business for further action.
In the petition, the association mentioned the cement price has larger from Rs 340 according to bag in January to Rs 380 according to bag in February, an build up of 11.7%. The price upward thrust has affected construction business and government contractors. A cement bag prices about Rs 330 in neighboring states, including Telengana and Andhra Pradesh.
“Though the price of raw materials for cement stays similar, the cement price has been expanding each month and it increases the expenditure of construction business by five to eight %. Moreover, cement has grow to be expensive after the implementation of GST,” a member of the association mentioned.
About 1.2 crore employees are depending on construction sector. The price carry has grow to be a danger for employment.
The association has additionally made up our minds to report a criticism with the anti-profiteering committee of ministry of finance and income.
The association recently submitted a petition to the special secretary of Tamil Nadu Okay Padmanaban looking for to keep an eye on the cement price. The petition was referred to the manager secretary of business for further action.
In the petition, the association mentioned the cement price has larger from Rs 340 according to bag in January to Rs 380 according to bag in February, an build up of 11.7%. The price upward thrust has affected construction business and government contractors. A cement bag prices about Rs 330 in neighboring states, including Telengana and Andhra Pradesh.
“Though the price of raw materials for cement stays similar, the cement price has been expanding each month and it increases the expenditure of construction business by five to eight %. Moreover, cement has grow to be expensive after the implementation of GST,” a member of the association mentioned.
About 1.2 crore employees are depending on construction sector. The price carry has grow to be a danger for employment.
The association has additionally made up our minds to report a criticism with the anti-profiteering committee of ministry of finance and income.
Control cement price, corpn contractors urge state government
![Control cement price, corpn contractors urge state government]()
Reviewed by Kailash
on
April 15, 2019
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