IFCD buys cement from black market

IFCD buys cement from black market
Published: 01 March 2004

Sidetracking the practice of procuring its required quantity of cement from the Cement Corporation of India, the state irrigation and flood control department, IFCD has purchased 5000 cement bags from a private firm shelling out Rs62 extra per bag. According to a source, normally the IFCD meets its requirement for cement by purchasing from the Cement Corporation of India at the rate of Rs195 per bag including sales tax but the flood control division No 2 of the department has recently purchased 250t of cement from one M Suresh Jain of Thangal Bazar at the rate of Rs257 per bag paying an extra amount of Rs62 per bag.