Economy & Market
Ambuja Cement gets legal notice
The government has issued a show-cause notice to Ambuja Cement for not adhering to the condition of converting at least 50 per cent of the clinker into cement in the state at its unit-II in Darlaghat. The Principal Secretary (Industry) has been asked to submit action taken report about the total loss of revenue on account of less royalty and various taxes to the government.
As per the agreement signed between the government and Ambuja Cement for unit -II, at least 50 per cent clinker had to be converted into cement within the state.