SME Times is powered by   
Search News
Just in:   • White paper on black money tabled in LS  • Rupee slips to a record low of 55 against a dollar  • Myanmar economy set to boom: Report  • IT industry seeks clarity on software exports: Murthy  • Sensex closes flat on weak rupee 
Last updated: 11 Jan, 2012  

Chhattisgarh.9.Thmb.jpg Protest in Chhattisgarh over rising cement prices

Chhattisgarh-map.jpg
SME Times News Bureau | 11 Jan, 2012
Nearly 500 people Wednesday blocked the entry points of Century Cement's production unit in Chhattisgarh to protest rising prices of cement, police said.

Members of the ruling Bharatiya Janata Party (BJP) as well as the opposition Congress reached the cement plant in Tilda area of Raipur with over 500 locals and stopped the company staff from going to work.

The protesters also did not allow the company officials to transport the cement bags out of the factory.

Terming the situation as "alarming", Raipur District Superintendent of Police Dipanshu Kabra said police presence has been beefed up at the protest site.

BJP legislator Devjibhai Patel, who is organising the blockade along with Congress leader Vidhan Mishra, told IANS that they would organise the economic blockade one by one at the plants of all the seven leading cement manufactures, including Lafarge India, Ambuja Cement, Grasim and UltraTech Cement.

"All the cement manufacturers in India's leading cement producing state of Chhattisgarh will have to face a strong economic blockade because they have formed a cartel and have been consistently raising prices though there is no rise in raw materials and labour cost," Patel said.

He said a cement bag, which cost Rs.190 in September, was now priced at Rs.280. He said the blockade would be lifted only after the companies agree in writing to dissolve the cartel and reduce their cement prices.

The cement companies have been tightlipped over the issue.
 
Print the Page Add to Favorite
 

Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

   Top Stories
» Rupee slips to a record low of 55 against a dollar
» Experts welcome SIDBI fund for service sector start-up SMEs
» Forex reserves drop by USD 1.37 billion
» Amid global woes, exporters seek more support
» Rupee crisis a great concern: Pranab
 
  Commented Stories
» Credit rating can help SMEs in more ways than one(20)
» Exporters need push, not pull(10)
» SME Conclave – awareness on SME stock exchange(6)
» Share of MSME sector in GDP to touch 10 pc: Ashok Chawla(6)
» Yamaha records domestic sales growth of 53 pc(3)
  Customs Exchange Rates
Currency Import Export
US Dollar
53.10
52.25
UK Pound
86.00
84.15
Euro
70.35
68.70
Japanese Yen 65.50 63.85
As on 21 May, 2012
  Daily Poll
Do you think RBI's deregulation of export credit interest rate in foreign currency will affect exporters?
 Yes
 No
 Can't say
 
 
 
 
About Us  |  Contact Us  |  Feedback |  Success Stories |  Tradeindia in News  |  Get Listed | 
Sitemap  |  Terms of Use |  Useful Links |  Trade Bodies