22K construction sites in Gujarat join nationwide strike
By IANS |
Published on
Fri, Feb 12 2021 22:12 IST |
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SC asks banks to finalise proposals to finance unfinished Amrapali projects. Image Source: IANS News
Gandhinagar, Feb 12 : Real estate developers and contractors in Gujarat on Friday participated in the one-day nationwide strike to protest against the exorbitant and unacceptable price hike of cement and steel.
Construction work on more than 22,000 sites came to a standstill opposing the artificial price hike by the cement and steel companies. The associations on strike also demanded that the government should constitute a cement regulatory authority for price regulation.
BAI stages protest against cement, steel price hike
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Association demands immediate appointment of regulatory authority for cement and steel industry
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Association demands immediate appointment of regulatory authority for cement and steel industry
The Builders’ Association of India (BAI), which represents the construction and building industry, on Friday staged a nationwide protest to attract the attention of the government towards the steep price hike by cement and steel companies.
They demanded immediate appointment of a regulatory authority for the cement and steel industry to curb what they call “ill and unethical practices”, which adversely impact the common man.
Construction activity in and around Coimbatore was disrupted on Friday, following the one-day strike by the builders against increasing steel and cement prices. Higher diesel prices are leading to esc
Builders go on one day nation-wide strike against rise in price of steel and cement
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Mumbai: Builders and related construction activity members have stopped work today (February 12) as part of a nation-wide strike called for by the Builders Association of India (BAI). The main demand is to set up steel and cement regulatory authority to control the prices.
Builders of Association(BAI) is an apex all India body of Engineering Construction Contractors and Real Estate Companies founded in 1941, with more than 20,000 business entities as members through its 200 plus centres (Branches) throughout the country. Moreover, the regional associations affiliated to BAI form indirect membership of more than 1,00,000. In an official release issued it stated that construction is one of the most important economic activity contributing maximum GDP Growth and accounts for more than 50 per cent of total plan outlay.
Mumbai: Nationwide strike held by BAI against rise in price of steel and cement
The Builders Association of India (BAI) held a one day nationwide strike on February 12 to protest against the unethical practices in cement and steel industries and to demand a separate constitution of a regulatory authority. Hit badly by the cartelisation and artificial price hike by cement and steel manufacturers and stakeholders representing construction, the real estate industry in the Mumbai Metropolitan Region (MMR) participated in the protest in large numbers in a bid to attract the attention of the government authorities towards the menace, a BAI press release stated.