Govt mulls control price for coconuts
November 24, 2017 03:14 pm
The government is currently considering the introduction of a control price for coconuts.
This matter was reportedly discussed during the recent meeting of the Cabinet Sub-Committee on Cost of Living.
Accordingly, it was discussed to impose a control price of Rs 75 per coconut.
A control price will most likely be imposed for coconut by next week, a member of the Cabinet Sub-Committee told Ada Derana on condition of anonymity.
The price of a coconut currently ranges between Rs 90 and Rs 110 in the market while it has been reported that in certain areas the price is determined according to its weight.
