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        News and Press Release

        Prices of Cement

        August 12, 2013

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        The control over price and distribution of cement has been removed since 1989. The industry was de-licensed in 1991 under the policy of economic liberalization. Cement has also been removed from the list of essential commodities. Thus, presently the prices of cement are governed by the market forces of demand and supply.

        Prices of cement are collected under the clause of commercial secrecy and hence cannot be divulged. However, movements in Whole-sale Price Index (WPI) for cement under various ‘heads’ as per specifications are given. The data is as under:-

        Types of Cement

        Yearly Wholesale Price Index Base Year 2004-05 = 100

         

        2012-13

        2011-12

        2010-11

        Cement & Lime

        168.63

        156.97

        150.84

        Grey Cement

        168.76

        157.02

        150.87

        White Cement

        171.92

        158.07

        155.32

        Slag Cement

        166.42

        157.48

        151.03

        Cement, Slate & Graphite Products

        163.17

        150.78

        140.97

        Other Cement Product

        124.59

        118.02

        114.1

         

         

         

         

         

         

         This information was given by the Minister of State in the Ministry of Commerce & Industry, Dr. E.M. SudarsanaNatchiappan in a written reply in the LokSabha today.

        Market-based pricing now governs cement after deregulation and removal from essential commodities; WPI movements disclosed. Control over cement pricing and distribution was withdrawn in 1989, the industry was de-licensed in 1991 and cement removed from the list of essential commodities, so prices are governed by market forces; specific prices are treated as commercial secrecy and not disclosed, while published Wholesale Price Index movements by cement category show relative annual price changes.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Market-based pricing now governs cement after deregulation and removal from essential commodities; WPI movements disclosed.

                                Control over cement pricing and distribution was withdrawn in 1989, the industry was de-licensed in 1991 and cement removed from the list of essential commodities, so prices are governed by market forces; specific prices are treated as commercial secrecy and not disclosed, while published Wholesale Price Index movements by cement category show relative annual price changes.





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                                ActsIncome Tax
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