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CREDAI urges government to control steel, cement prices
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It seeks establishment of exclusive competent authority.
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It seeks establishment of exclusive competent authority. Confederation of Real Estate Developers Association of India-AP State General Secretary K.Subhash Chandra Bose on Tuesday urged the Union and State governments to establish competent authorities to control cement and steel prices which had been skyrocketing for the last three months.
Addressing a media conference here, he said that the cement and steel companies had jacked up prices in spite of huge drop in demand with the impact of lockdown and coronavirus pandemic. Mr. Bose said that each cement bag was available at ₹240 six months ago but now it was priced at ₹370.
Control steel, cement prices, urges CREDAI
Updated:
Updated:
Govt. requested to establish exclusive competent authority
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Govt. requested to establish exclusive competent authority
Confederation of Real Estate Developers Association of India-A.P. State general secretary K. Subhash Chandra Bose on Tuesday urged the Union and State governments to establish competent authorities to control cement and steel prices which have been skyrocketing for the last three months.
Addressing a press meet here, he said that cement and steel companies had jacked up prices in spite of a huge drop in demand due to the impact of the COVID-19 pandemic. Mr. Bose said that a cement bag was available at ₹240 six months ago but now the price of a bag has risen to ₹370.