Red tape and corruption biggest challenge to building and construction materials sector

The building and construction materials sector has been facing a number of challenges among which bureaucratic pressure and red tape top the list, said Sevakram Malik a manufacturer and supplier of construction materials and M.D of Mailk Traders said in exclusive interview with SME Times.
Excerpts of the interview..

When did you started your business?
Sevakram Malik: I had started my business in 2010.

Would you to tell us something about your company?
Sevakram Malik: We are a supplier and manufacturer of building materials from last 4 years in Delhi and NCR. We supply our products in all over India. Before starting my own company I had worked with several construction building material traders and then in 2010 I started my own company in Delhi.

For the starting of my company and business I took loan from HDFC, ICICI and many other banks.  I required the capital for setting up my factory and purchase manufacturing machines.

As manufacturer what are the major problems you are facing nowadays?
Sevakram Malik: As a manufacture of building and construction materials, we are suffering from bureaucratic pressure, unusual power cuts and huge electricity bills. The government should reduce electricity prices at least for factory usages.

You supply your products almost all over the India. What are the problems you face usually?
Sevakram Malik: For the supply purpose we mainly use road transports. Demand for bribe is the main hurdle in our way as you know bureaucrats want their part of money in your every earned pie.

Sudden price hikes in petrol and diesel is also a big problem.

Do you think the government is taking care of real state sector?
Sevakram Malik: No, not at all. The government is doing nothing for us. The real estate sector is playing a key role in our GDP and economy; we are giving so much jobs but still they are not taking us seriously, said Malik.

What do you want the government to help the sector?
Sevakram Malik: Our demands include reduction in power rates for industrial purpose and demolish bureaucratic problems.