Business Daily from THE HINDU group of publications Saturday, Jan 05, 2008 ePaper | Mobile/PDA Version |
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Opinion
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Letters Tamil Nadu’s cement policy It’s interesting that the Tamil Nadu Government has warned the private cement plants in the State that it would take over the firms if they do not reduce the prices (Business Line, January 3). Nationalisation cannot be the correct solution in the present circumstances, as it will facilitate just the change of ownership and not augment the supply, which is essential to bring down prices. On the contrary, importing cement would serve the purpose as this would not only enhance the supply, but also compel the private players to reduce the prices. But, at the same time, the State government’s idea to sell cement through the public distribution system outlets cannot be successful, as it is generally felt that the distribution of essential commodities through the PDS leaves a lot to be desired. S. Ramakrishnasayee Ranipet (TN) More Stories on : Letters | Cement
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