Union Government has categorically stated that though it is willing to provide protection to domestic pipe manufacturers against unfair trade practices, the industry must also act responsibly, a top steel ministry official said at an ASSOCHAM event held in New Delhi.
“While we are willing to give protection, it comes with a sense of responsibility so please be very-very responsible, charges of cartelisation then become very-very difficult to fend off as prices start rising dramatically,” said Syedain Abbasi, joint secretary, ministry of steel addressing an ASSOCHAM summit on ‘India Pipeline: Opportunities in infrastructure, energy, water and slurry.’ Read more
Latest posts by The Times Of India (see all)
- Russia’s Rosneft To Take Control Of Kurdish Oil Pipeline Amid Crisis – October 20, 2017
- Oil Prices Edge Up On Signs Of Tightening Market – October 20, 2017
- IOC Sees Possible Setback Due To GST Despite 5-6% Growth – October 20, 2017