After recognising a massive gap of housing in India, the Union Government had announced 'Housing for All' by 2022 in July 2015 to achieve the staggering target of bridging a gap of more 1.9 crore houses. 96 per cent out of these are required for the lower income groups (LIG) and economically weaker ..
The Union Budget made little changes to the tax structure and cement was no exception. The increased allocation to rural low-cost housing under Pradhan Mantri Awaas Yojana - Gramin scheme is likely to drive a 2 per cent increase in cement demand. There was also no mention of reduction in excise duti..