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Minister KTR and Prashanth Reddy hold meeting with cement companies
Minister KTR and Prashanth Reddy hold meeting with cement companies

Minister KTR and Prashanth Reddy hold meeting with cement companies

Hyderabad: Telangana Ministers K. Tarakarama Rao and Prashanth Reddy held a high-level meeting with the heads of Cement Industries in Telangana. Chief Secretary Somesh Kumar and Mayor Bonthu Rammohan participated in the meeting.

Since 2016, the cement companies have been providing cement bags at Rs 230 for the construction of 2BHK Dignity Houses. Today, the representatives agreed to continue the same price on cement bags for the construction of 2BHK houses & other Govt projects for the next three years.

In the meeting, Ministers asked the representatives of the cement companies to reduce the price of cement bags to aid the real estate sector, which has been affected by the lockdown during the COVID19 pandemic.

Minister also said that it was the construction industry that has been offering major employment opportunities during the ongoing COVID19 pandemic. If this industry gets affected, it will leave an impact on various other sectors, including cement industries, he added.

The representatives of the cement companies reacted positively and said they will revise the prices after holding an internal meeting with the heads of the cement companies.

The Ministers agreed to set up a training center in affiliation with the National Academy of Construction at Huzurnagar. This will create skilled manpower by training the local youth of Huzurnagar, an area that has a large number of cement industries.

The representatives of the Cement Companies said that they will provide complete support to the training center in the coming days.

Huzurnagar MLA Saidi Reddy thanked the state government for agreeing to set up the training center to train the local youth. (INN)

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