more-in Taking a serious note of violation of the State government directives, the Group of Ministers (GoM) on cement prices met at the Secretariat on Wednesday and warned the companies that the government would be forced to rethink on the incentives, subsidies etc provided to them. The GoM also gave a grace time of two days to fall in line and sell the cement at ?310 per bag. Briefing the media, BC Welfare Minister K. Atchannaidu said the government was extending all possible help such as subsidised power to the industry. The companies, however, were not adhering to the prices fixed by it. A two-day time was given to them to conform with the government orders. The matter would be escalated to Chief Minister N. Chandrababu Naidu if the companies failed to respond, he said The representatives of the cement firms assured that they would adhere to the price but expressed inability to fix it across the State in view of the transportation cost. The government was exploring a solution, he said. The GoM, headed by Finance Minister Yanamala Ramakrishunudu, also decided to recommend to the government to pay the bills directly to the companies for the cement supplied for government work.

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