GST Cut On Construction Materials To Reduce Project Costs, But Benefits Unlikely To Reach Consumers

In today's episode of It's The Economy, we put the spotlight on how the GST rate cut on cement and some of the renewable power equipment impact the construction companies, who may have negotiated term contracts a little while ago. Will there be a price pass-through or will they have to be re-negotiated? Will the benefits of the lower GST rates be passed on to consumers? Will the construction companies have working capital advantage since the cost of some of the raw materials such as cement has fallen because of the GST rate cuts? Will the capex come down as the government may have a little less money given all the tax cuts? Latha Venkatesh gets answers to all these queries with Priyankar Biswas, Industrials and Logistics Research Analyst, JM Financial Institutional Securities and PP Gupta, Chairman & Managing Director, Techno Electric. #gstratecuts #gstreforms #gstrationalisation #cementsector #renewablepowerequipment #capexsector #infrastructuresector #gstrelief #gstbonanza #cnbctv18 #cnbctv18market #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday 🔴CNBC TV18 LIVE TV: https://youtube.com/live/P857H4ej-MQ SUBSCRIBE to our Channel: https://bit.ly/3nvEcxf --------------------------------------------------------------------------------------------------------------------- 👑 Check Out Top CNBC TV18 Playlist Videos: 🔹YoungTurks Reloaded: https://www.youtube.com/playlist?list=PLjq9mRS1PfGAeBW0FxoO8D2cbKx8YPKAZ 🔹CNBC TV18 Digital Podcast: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCUcGVQvYyDQ6VVHoo3ZDKJ 🔹Sounding Board: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBbB2dV2tyHdzx_k9EqvVEm 🔹International Videos: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDZ-Dkz-VpCDqqmWThJ3YJw 🔹CNBC TV18 Market Cafe: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDANftdnJchuL-WPpSv5rmH 🔹CNBC TV18 Digital: https://www.youtube.com/playlist?list=PLjq9mRS1PfGDLhtM8FzErPcjmJRQ4I5cZ 🔹CNBC TV18 Weekend Special: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBHEa5NnoKuUsX5GwxEGuri 🔹CNBC TV18 Next-Gen: https://www.youtube.com/playlist?list=PLjq9mRS1PfGA6roe9q3J9fq_gBIDjX2w7 🔹Overdrive Show: https://www.youtube.com/playlist?list=PLjq9mRS1PfGCnSVjfbWfNCJLrv-CqfGmH 🔹Young Turks: https://www.youtube.com/playlist?list=PLjq9mRS1PfGBZaN1e38X2ZmevnU1e1NJs 🔹Startup Streets: https://www.youtube.com/playlist?list=PLjq9mRS1PfGD3CzrtMr_VJRbIly6sfyFI ------------------------------------------------------------------------------------ You can also connect with CNBC-TV18 News Online Catch the latest news: https://bit.ly/2YbpXBM Follow CNBC-TV18 round the clock: https://www.cnbctv18.com/live-tv/ Stay updated with all the market action in real time: https://www.cnbctv18.com/market-live/ You can also stay updated with all the latest news on-the-go with CNBC-TV18 Minis: https://www.cnbctv18.com/minis/ Like us on Facebook: https://www.facebook.com/cnbctv18india/ Follow us on Twitter: https://twitter.com/CNBCTV18News Follow us on Instagram: https://www.instagram.com/cnbctv18india/ Catch us on: Linkedin: https://in.linkedin.com/company/cnbc-tv18 n18oc_business About CNBC-TV18: India's leading business news channel, CNBC-TV18 offers the most comprehensive coverage of businesses, the economy and the financial markets. Catch all your favourite shows, exclusive videos, big-ticket interviews and more here.