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Builders' plea for separate Ministry
Our Bureau
Kochi
,
Dec. 6
The 22nd All India Builders Convention, which concluded here recently, called for establishment of an independent Ministry of Construction as the construction activity, with major thrust on infrastructure, being the key to achieve double-digit economic growth.
A resolution adopted at the convention called for the adoption of a uniform and equitable Standard Contract Document by all works authorities to avoid time and cost overrun.
To improve the construction workforce productivity, it was resolved that skill specific institutes be established throughout the country under public-private partnership.
REGULATORS SOUGHT
Under free economy, consolidation in cement and steel industry has gathered momentum, resulting in "unfair, monopolistic trade practices detrimental to the construction industry," a press release said. A resolution called for establishment of a Steel Regulatory Authority and a Cement Regulatory Authority on the lines of SEBI, IRDA and TRAI.
Another resolution urged that 29 labour laws applicable to construction industry be rationalised under one unified Act.
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