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India s Davos likely to come up between these famed tunnels
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Gadkari cautions steel makers against profiteering; says projects getting unviable, writes to PM
The road transport, highways and MSME minister also said if the players failed to curb the practice, the government will have to change policies and encourage alternative technologies in projects.
Nitin Gadkari
Cautioning against profiteering by steel makers, Union Minister Nitin Gadkari on Thursday said he has sought Prime Minister Narendra Modi s attention towards 55 per cent hike in steel prices by players during the past six months, making projects unviable.
The road transport, highways and MSME minister also said if the players failed to curb the practice, the government will have to change policies and encourage alternative technologies in projects.
Gadkari writes to PM over steel price hike, says projects becoming unviable
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Exponential rise in steel prices making projects unviable, says Gadkari PTI
New Delhi: Cautioning against profiteering by steelmakers, Union Minister Nitin Gadkari Thursday said he has sought Prime Minister Narendra Modi’s attention towards 55 per cent hike in steel prices by players during the past six months, making projects unviable.
The road transport, highways and MSME minister also said if the players failed to curb the practice, the government will have to change policies and encourage alternative technologies in projects.
Addressing the Assocham Foundation Week on ‘national infrastructure pipeline critical for economic revival across sectors’, Gadkari also said a GPS system for tolling is on the anvil in which toll payments will be deducted automatically on the distance traversed.