STOCK MARKET BSE NSE

Builders threaten to stop COVID-related work, other projects in Puducherry if dues not paid

Former chairman of the Builders Association of India, Puducherry, S Parthasarathi said over Rs 100 crore is outstanding from the PWD for the work done in the last six years

Published: 28th August 2020 07:28 PM  |   Last Updated: 28th August 2020 07:28 PM   |  A+A-

construction labourers

For representational purposes (File | EPS)

By Express News Service

PUDUCHERRY: Pushed to the wall by the PWD with dues pending for six years, the Builders Association of India, Puducherry, has given an ultimatum to the government to pay up in the next 15 days failing which they will stop all ongoing work in the Union Territory including COVID-19 emergency work.

Former chairman S Parthasarathi in a press communication said that over Rs 100 crore is outstanding from the PWD for the work done in the last six years. In the Pondicherry region alone, about Rs 60 crore is outstanding to contractors who have executed work after being awarded tenders.

Apart from this, Rs 40 crore is outstanding for contractors who have done emergency work on nomination basis. The government has also withheld the security deposit and earnest money deposit which have not been refunded.

The association had also conveyed the plight of the contractors to the Lt Governor, Chief Minister,  PWD Minister, Chief Secretary, Secretary (Works) and Chief Engineer, urging them to take action and giving a letter requesting settlement of outstanding dues. Already three contractors have committed suicide.

“We invest in this business by lending and borrowing from banks and private financial institutions, which are pressurizing us for payment of interest. Without receiving payment from the government, we are not able to pay the interest at a time when our livelihoods are at stake," he said.

“We had cooperated with the government with a lot of patience till now and cannot any further," he said. Since there was no positive approach from the government, if the outstanding amount is not paid within 15 days, the association along with other construction associations will join together and engage in a series of agitations and stop all ongoing work in the Union Territory including COVID-19 emergency work, he said.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp