CREDA, BAI join hands against CMA

Alleging the Cement Manufacturers Association (CMA) to have deliberately increased the cement prices by 50 per cent in a month, the Confederation of Real Estate Developers´ Associations, Builders Association of India,and other federations in the realty and construction sector have joined hands against CMA. The prices of cement bags, which have been increased to Rs 300-310 per bag from the earlier Rs 190-210 per bag, is said to be on accountof cartelisation. Contact: Cement Manufacturers Association. Tel: 0120-241 1955. Fax: 0120-241 1956.