Categories: Articles

LNP – Prices of essential items under review

The government is in the process of revising prices of essential items such as rice, sugar, milk powder and domestic gas, a minister said yesterday.

Currently, a Maximum Retail Price has been imposed on rice and sugar. State

Minister of Cooperative Services, Marketing Development and Consumer Protection Lasantha Alagiyawanna told Daily Mirror the prices of some essential items were under review.

“We have not taken any final decision in this regard,” he said.

The cost of living has increased in the country due to factors such as the problems in the supply chain, dollar shortage to finance imports and rupee depreciation. Asked whether import restrictions on sugar would be lifted, the Minister said available stocks would suffice for two and half months.“we have to make a decision at one point,” he said.

The government has introduced a maximum price of Rs.98 for a kilo of rice. However, farmers are agitating at the moment asking for a hike in price for their paddy produce.

Tyronne Jayamanne

View Comments

  • Mr. Minister, your price revision has been always benefited by Importers, Wholesalers and so on, and not the consumers. People are now sick and tired of listening to your bullshit announcement.

Recent Posts

LNP – Govt. mulls closure of state institutions deemed redundant

The government is making a fresh approach to revive the loss-making state institutions, which includes…

3 hours ago

LNP – Former CPC MD arrested over alleged misuse of Rs. 6.1 Mn

The Criminal Investigation Department (CID) arrested a former Managing Director of the Ceylon Petroleum Corporation…

3 hours ago

LNP – Owner of sapphire worth USD 400 million summoned to Presidential Secretariat

The gem businessman who had been facing political threats over a special blue sapphire valued…

3 hours ago

LNP – Sri Lanka Customs launches four-day rapid container clearance process

Sri Lanka Customs, with the full cooperation of joint trade unions, launched a four-day expedited…

3 hours ago

LNP – Several spells of showers expected in parts of the island

The Department of Meteorology says that showers or thundershowers will occur at times in Uva…

3 hours ago

LNP – Social media contributes to rise in child suicides: CCPSL

The College of Community Physicians of Sri Lanka (CCPSL) states that the use of social…

3 hours ago