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.