The price of cement per bag was reduced by Rs. 30/- due to the recent intervention by the Tamil Nadu Chief Minister M K Stalin and the price has now come down further today (Wednesday, 23rd June) by Rs. 25/- per bag as announced by the cement manufacturers!
The Tamil Nadu State Minister for Industries, Thangam Thennarasu has informed that after a detailed discussion with the manufacturers, the price of cement which was Rs. 490/- per bag was brought down to Rs. 460/- per bag and the price of rods was reduced by Rs. 1000/- per ton.
In this situation, in a report released by the South India Cement Manufacturers� Federation, it is mentioned that after giving due consideration to the appeal from the Tamil Nadu Chief Minister, the price of cement is being further reduced by Rs. 25/- per bag!
As such, the price of cement per bag has been brought down to Rs. 435/-!