Categories: Business

Builders Assn Sought Separate Package for Construction Sector

KOCHI:
Builder Association of India State committee has urged the government to announce separate package for the construction sector in view of the deep crisis due to the increase in prices and adverse climate during the Covid-19 pandemic.

The majority of the migrant labourers who were depending on the construction sector are now leaving the State. The builders, government contractors, lorry and tipper owners are now in a great debt.

Builders Association urged to bring petrol and diesel prices under GST and check the price hike of cement and other construction materials. They also said that the tender amount for construction should be increased on par with the hike in price of building materials.

The package should also contain 50 per cent advance amount for the government contract works, avoid NPA for bank loans, fund to protect the immigrant labourers and tax reduction for machineries and commercial vehicles. Association said that a meeting of all those connected with the construction should be convened at the earliest.

State president Najeeb Mannel presided over the virtual meet. National president R L Gupta, former national president Cherian Varkey, PRS Murugan, K Jyothikumar, Varghese Kannampalli, Alex Perumalil, Prince Joseph, Santhosh Babu, SA Reghuchandran Nair, VS Jayachandran, John Paul, Paul T Mathew, Harikumar and Rajeev Warrier participated.

NE Reporter

Recent Posts

KSUM Sets Stage to Tap Commercial Potential of Food Tech

THIRUVANANTHAPURAM:Creating opportunities for aspiring entrepreneurs and setting a unique model to start their ventures in…

17 hours ago

Fight Drugs to Avert Biggest Threat to Humanity: Kochi Police Commissioner

KOCHI:Synthetic drugs pose the biggest threat to humanity amid their increasing use among working youngsters,…

17 hours ago

Toyota Kirloskar Motor Unveils “T GLOSS”

BANGALORE:In line with its ‘customer-first’ philosophy, Toyota Kirloskar Motor Pvt. Ltd. (TKM) today announced the…

19 hours ago

Painting Competition on Biodiversity for Students

KOCHI:As part of celebrating International Biodiversity Day on May 22 , the ICAR-Central Marine Fisheries…

20 hours ago

Tata Motors Launches the all-new Tata Ace EV 1000

MUMBAI:Tata Motors, India’s largest commercial vehicle manufacturer, today strengthened its e-cargo mobility solutions with the…

20 hours ago

Kerala Energy Tech Startup chargeMOD Expands its EV Charging Network

KOCHI:Kerala-based energy tech startup and leading provider of electric vehicle charging solutions chargeMOD, and A…

20 hours ago

This website uses cookies.