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Real-estate Developers Go On Strike Over Cement, Steel Price Hike In Gujarat

Real-estate developers go on strike over cement, steel price hike in Gujarat Work has been stalled at 20,000 construction sites across the state, hitting 20 lakh daily-wage labourers, said Arvind Patel, chairman of Gujarat Contractors Association. PTI ACC | Company announced the commissioning of new cement production facility at the company s existing Sindri Grinding Unit in Jharkhand. Real-estate developers and contractors in Gujarat on Friday joined the day-long nationwide strike to protest against the exorbitant hike in prices of cement and steel. Work has been stalled at 20,000 construction sites across the state, hitting 20 lakh daily-wage labourers, said Arvind Patel, chairman of Gujarat Contractors Association.

22K construction sites in Gujarat join nationwide strike

22K construction sites in Gujarat join nationwide strike ​ By IANS | Published on ​ Fri, Feb 12 2021 22:12 IST | ​ 0 Views 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.

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