Home » Builders Association of India stages nationwide one-day strike against alleged unethical practices in cement and steel industries

Builders Association of India stages nationwide one-day strike against alleged unethical practices in cement and steel industries

by Raju Vernekar
0 comment 3 minutes read

IT Correspondent
Kolkata, Feb21:

Hit badly by the cartelisation and unnatural price hike by cement and steel manufacturers, the stakeholders in construction, building industry represented by Builders Association of India (BAI) staged nation-wide dharna and one day strike recently to attract the attention of the government authorities towards the menace. The 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 amid huge response 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. The BAI has strongly 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 Mr. Mu. Moahan, President, Builders Association of India. 
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. 
“All the stakeholders and their local groups, organizations representing other relevant sectors joined hands with us in solidarity and to protest the ill practices. Various judicial and quasi-judicial authorities such as Competition Commission of India (CCI), Monopolies And Restrictive Trade Practices Commission, Parliamentary Standing Committee of Ministry of Commerce have in their rulings and reports reaffirmed the unethical practice adopted by the cement and steel industries. Despite it, the profiteering and exploitation continues for years,” he added. 
Some of the slogans raised by the participating stakeholders at various centers in the country were: “Civil Construction Industry which is mother industry of all other industries is being killed due to the Artificial Price Hike of  Cement and Steel”, “Full Stop to all Civil Construction Activities across India to protest against  Artificially Hiked Cement and Still Prices”, “BAI demands Cement and Steel Regulatory Authority to curb Artificially Hiked Cement and Steel Prices”, “Construction of Public Utility Infrastructure Projects in Jeopardy because of Artificially Hiked Cement and Steel Prices”, “Affordable Houses No More Affordable, because of Artificially Hiked Cement and Steel Prices”.

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