ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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BANK OF BARODA-All-Round Advance

owing to the steep power-cut prevail- ing in Andhra Pradesh and on account of surplus production, the entire cement industry in the State has been passing through a very critical period. There was significant fall in selling prices, whereas the costs of production on all fronts spurted. This was specifically the case with new cement companies on account of higher burden of interest and depreciation.

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