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Tariff Commission (TC), an organization under Department of Industrial Policy and Promotion (DIPP), is conducting a fresh study on cost of production of cement. In a Questionnaire on Cost of Production of Cement including Normative Cost of Cement Production issued last month, TC has asked the companies to “elaborate on the reasons for the recent increase in prices of cement.”

A few other questions include: Where does the Indian cement industry stand in global context? What are the factors that are fuelling growth of the Indian cement industry? What are the issues faced by the Cement industry? How the cement industry is likely to move in the future? 

The study appears a bit odd as TC’s previous report has not attracted a single feedback from any entity! In May 2013, DIPP had sought comments from all stakeholders on TC’s study captioned ‘Review of Performance of Cement Industry’.

The study’s significant conclusion was that 70-companies strong cement industry made “abnormal profit” of Rs 45/bag of 50Kg in 2010-11. It recommended monitoring of the price movement of cement, which is a free market product.  

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