Kolkata: Hit badly by the cartelisation and unnatural price hike by cement and steel manufacturers, Builders Association of India (BAI) staged nation-wide dharna and one day strike on Friday to attract the attention of the government authorities towards the menace, says a press release.
BAI is raising the demand for immediate appointment of a regulatory authority in the cement and steel industry to curb the ill and unethical practices which ultimately hamper the common man.
All the stakeholders from construction and real estate sectors participated in the strike and dharna across the country.
BAI has been continuously raising its voice at various forums against the carteling and unnatural price hike by the cement and steel companies. It has been fighting the legal battle and has approached the government authorities against the unethical practices.
BAI has demanded the constitution of regulatory authority for the sectors to curb the ill practices that ultimately pinch the general public and hinders the growth of the country.
“We have time and again requested the government to appoint a high-level enquiry on the reasons of abnormal cement price hike when there is neither any corresponding demand from the construction industry nor any substantial rise in input cost. It also needs to probe with a view to have a long-term solution to the unethical practices being followed by cement manufacturers. A quick and prompt action by the Government in the matter will not only save the employment of around 60 million construction workers, but also save the construction sector, which includes affordable housing, from potential shutdown,” said Mu. Moahan, President, BAI.
He said that the nationwide dharna protest and strike announced by BAI to attract the attention of the government agencies towards the grave problem the key sectors are facing received overwhelming response.
Builders Association of India (BAI) is an apex all India body of Engineering Construction Contractors and Real Estate Companies founded in 1941, with more than 20,000 business entities as members through its 200 plus Centres (Branches) throughout the country.