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Sonowal questions cement companies on price hike

Assam CM questioned cement companies about the reasons for a reported price hike, asked them to cut rates immediately.

Published: 20th August 2016 10:50 PM  |   Last Updated: 20th August 2016 10:53 PM   |  A+A-

By PTI

GUWAHATI: Assam Chief Minister Sarbananda Sonowal today questioned 25 cement companies about the reasons for a reported price hike and asked them to cut the rates immediately.

"The rise in price of cement has an impact on the common man. The state government is committed to bringing in much desired stability in the price of all commodities," Sonowal said in a meeting with cement manufacturers here.

Cement companies reportedly hiked the prices by Rs 40-50 per bag in Assam recently.

According to an official statement, he said the rise in prices of cement has affected the market and asked the companies to take steps to put a tab on price rise.

"If the price of cement is inordinately high in Assam in comparison to other states, there has to have a repercussion in our state. In a such a situation, the government cannot play the role of a mute spectator but will act to impress upon the companies to stabilise their price," Sonowal said.

The Chief Minister asked the cement companies to find out the reasons attributing to price hike of the construction material.

The company officials present at the meeting assured Sonowal that they would do the needful for curbing the price rise.

They also apprised the chief minister of the reasons for widening cement price difference between Assam and other states.



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