Steel, cement majors acting as cartel to raise prices; regulator required: Gadkari
It will be difficult to achieve Prime Minister Narendra Modi s dream of making India a $5 trillion economy if the steel and cement prices keep going up, Gadkari said
PTI | January 10, 2021 | Updated 18:32 IST
Union Road Transport Minister Nitin Gadkari
Big players in the steel and cement industry are indulging in cartelisation to jack-up prices, Union Road Transport Minister Nitin Gadkari has said, pitching to place a regulator for the sectors.
It will be difficult to achieve Prime Minister Narendra Modi s dream of making India a $5 trillion economy if the steel and cement prices keep going up, Gadkari said, pointing out the target of investing Rs 111 lakh crore on infrastructure projects in the next five years to aid the economy.