New laws to be introduced to prevent hoarding food

New laws to be introduced to prevent hoarding food

June 15, 2022   09:59 pm

The government will introduce new laws in the future to prevent hoarding by rice mill owners and large-scale paddy storage owners, Prime Minister Ranil Wickremesinghe says.

He made these remarks at a meeting with the representatives of state and commercial banks and the officers of the Central Bank and the Treasury.

The Premier directed the officials to offer loans in keeping with the government’s monetary policy.

Further, he gave directives to the Central Bank and Treasury officials to monitor the lending policies.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them(mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Most Viewed Video Stories

18% electricity tariff hike on consumers exceeding 180 units is 'extortion', claims Sajith (English)

18% electricity tariff hike on consumers exceeding 180 units is 'extortion', claims Sajith (English)

Post-mortem examination carried out on death of Kapila Chadrasena (English)

PUCSL approves 18% electricity tariff increase for consumers exceeding 180 units (English)

🔴LIVE | Ada Derana Lunch Time News Bulletin 12.00 pm

Ministers address questions on investigation into former SriLankan CEO Kapila Chandrasena's death (English)

Vietnam-Sri Lanka upgrade ties to Comprehensive Partnership during President Tô Lâm’s visit(English)

🔴LIVE | Ada Derana Prime Time News Bulletin

🔴LIVE | Ada Derana Midday Prime News Bulletin - 2026.05.08