Tamil Nadu considering cement imports to control price rises

Tamil Nadu considering cement imports to control price rises
Published: 15 May 2007

The Tamil Nadu government is considering various measures including the import of cement to control the spiralling prices, state Finance Minister K Anbazhagan told the state assembly on Monday. 
 
The cement prices had increased as the Centre had not issued any control order. But, the Centre too is considering several options to control the price hike of the commodity. Joint efforts would be made by both the Centre and State in this regard, he said replying to a question raised by PMK, Congress and CPI.  
 
The construction works had increased due to new investments and cement production had not increased proportionately, he added.  
 
Cement prices had gone up from Rs 130 (US$3.15) per bag last year to Rs 230 now, Anbazhagan said. (PTI)