Retail rice prices to be reduced
November 26, 2014 06:06 pm
Ministry of Internal Trade says that the price of rice will be reduced from tomorrow. Imported Samba Rs. 60, Nadu Rs. 55, and white rice 50 per KG sold in Sathosa outlets.
Sri Lanka will also import 50,000 metric tons of rice from Bangladesh to ensure food security and control the escalating price of Sri Lankan’s staple food.
The import of rice is to be carried out immediately and the stocks will be distributed through island wide supermarkets of Lanka Sathosa, the state-owned wholesale and retail grocery network at an affordable price.
Sri Lanka’s rice harvest has been hit by the prolonged drought in the rice growing districts of Polonnaruwa, Hambantota, Moneragala, Ampara and Vavuniya. The drought in the 2014 Maha season seriously damaged the rice production and is threatening to significantly limit the upcoming Yala harvest.
