Big steel, cement firms operating as a cartel; need to place regulator: Gadkari
Big players in the steel and cement industry are indulging in cartelisation to jack-up prices, Union Road Transport Minister Nitin Gadkari has said, pitching to place a regulator for the sectors. It will be difficult to achieve Prime Minister Narendra Modi’s dream of making India a USD 5 trillion economy if the steel and cement prices keep going up, Gadkari said, pointing out the target of investing Rs 111 lakh crore on infrastructure projects in the next five years to aid the economy. It can be noted that allegations of…
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