High raw material prices hit industries in Coimbatore region
The Hindu
Prices of steel, aluminium, copper, fuel, plastic and paper surging again
High raw material prices has hit the pumpset, garment, and property sectors in the region.
Prices of steel, aluminium, copper, fuel, plastic and paper are surging again, forcing pumpset manufacturers to increase prices for the fifth time in 12 months, said Southern India Engineering Manufacturers’ Association president K.V. Karthik.
Price of copper, one of the main raw material used in the manufacture of motors and pumps, is now 66 % higher than last year.
Around 440 MBBS graduates of 2021 are not required to undergo one year of compulsory rural service as per the bond signed by them while joining the medical course through government-quota seats in 2015 as the High Court of Karnataka has said the law, enacted in 2012 for mandatory rural service, remained unenforced for 10 years as it was published in the official gazette only in July 2022.