HP govt to ask cement companies to reduce prices: Virbhadra

Image
Press Trust of India Shimla
Last Updated : Mar 21 2013 | 8:55 PM IST
Himachal Pradesh Chief Minister Virbhadra Singh today informed the Assembly that the government will try to convince cement companies to reduce retail prices of cement in the state.
Replying to allegations of BJP members that cement companies located in HP were selling cement at higher prices in the state as compared to the prices in adjoining states, Singh said during Question Hour that the government is concerned over the issue.
"Cement is being manufactured in HP and it's still being sold at higher prices. It's a serious concern," he said adding that the government was trying to reduce the price of cement.
"A committee headed by the Industries minister is on the job," he informed.
The Chief Minister's intervention came when Food and Civil Supplies Minister G S Bali failed to convince the Opposition over prevailing high prices of cement in the state, even though the companies were manufacturing cement in HP.
The state has four mega cement plants-Barmana (ACC), Darlaghat (Ambuja), Rajban (CCI) and Bagha (Japypee Himachal Cement Ltd).
The aggregate capacity is 11 million tonnes a year, he added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 21 2013 | 8:55 PM IST

Next Story