Cement Companies Happy at Pakistan’s MFN Withdrawal

Pakistan imports the highest amount of cement. Every year 40,000 to 50,000 tonnes of cement is imported. The Pakistan cement is made of very low quality, so they sell it for cheap. If Indian companies on one a 50 kg bag of cement make a profit of Rs 100, the Pakistan companies make a profit of Rs 100 more. Cement from Pakistan is imported by Local traders and small builders, as it is very cheap. All over North India, the cement from Pakistan was widely used. A top cement company said that to allow Pakistan to sell cement in India at such a low price is not right. “Make-in-India” is best. The companies tried to tell the authorities that this was not good and it was a security threat as well. Pakistan was given trade benefits because of their MFN status. After the Pulwama attacks, the government has withdrawn their MFN status. Items imported from Pakistan will now be charged 200% tax. The Indian companies are happy about this, as it brings more business.

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