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Telangana State Housing Corporation singed an MoU with 32 cement manufacturing companies on Thursday. As per the MoU, the cement companies would supply cement bag at `230 per bag for the next three years to the housing corporation for the construction of two bedroom houses for the weaker sections.

 

The MoU was signed in the presence of housing minister A Indrakaran Reddy, who termed the agreement as another step forward towards the construction of 2BHK houses.

 

With high cost of cement in the open market, the state government has negotiated with the cement manufacturing companies and prevailed upon them to supply each cement bag at `230. Representatives of all the 32 cement manufacturing companies attended the programme.  

 

Indrakaran Reddy thanked the cement companies for coming forward for supporting the 2BHK scheme as a social responsibility. The cement manufacturing companies agreed to supply the required quantity of cement bags within 48 hours of receiving indent from the district collectors. Indrakaran Reddy said it was estimated that the housing department requires 27.31 lakh tonnes of cement for the 2BHK scheme, a flagship programme of the state government. The minister said they would print a special label on these cement bags to avert possible diversion of the subsidised cement bags.

Source: New Indian Express