Just a day after finance minister Chidambaram warned steel and cement manufacturers of tough measures if they did not desist from cartelization, government has done an extraordinary about-turn and said no evidence of such practices has come to light as yet. The extraordinary sequence played itself out within the space of a couple of days. Intervening during the debate on price rise in Lok Sabha on Wednesday, Chidambaram said cement and steel firms were "behaving like a cartel' and added that the government planned to "break this logjam'.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/finmin-warns-action-against-steel-cartels-prasada-says-none-exist
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/times-india-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/cement-industry