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Mumbai:
The government is likely to ease quality certification rules for imported cement,
sources at the industry ministry said. Cement
import currently needs to be certified by the Bureau of Indian Standards before
it can be distributed in the country. The
government is likely to waive this requirement and imports would be allowed even
if the cement shipments were certified by other internationally acclaimed private
certifiers, industry secretary Ajay Dua said. "If
someone applies for import, then the batch can be certified by Lloyds or SGS,"
he said. The
government allowed import of cheaper cement from Pakistan in April, as part of
efforts to fight inflation. But the first shipment of about 525 tonnes could not
be distributed in the Indian market as it did not yet have clearance certificates
from the Bureau for Indian Standards, he said. Clearance
certificates from the BIS tend to take some time, Dua said adding that he expected
prices to moderate further in the next few months. Cement
prices in India have been rising due to a demand-supply mismatch as Asia''s third
largest economy scales up infrastructure to sustain growth. The
cement price index rose 0.2 per cent in the week to May 26 from
the previous week. Prices rose 9.8 per cent from the same time a year ago, government
data showed. Prices
have firmed up in the southern part of the country in recent weeks, Dua said,
but he expected demand to fall in monsoon.
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