header logo
Asia asset finance
Mogo Academy
Latest
President calls for separate MRPs for local & imported rice
Feb 14, 201705:02 PM
President calls for separate MRPs for local & imported rice
Mobitel Inner

President Maithripala Sirisena emphasized that there should not be room for shortage of rice in the market as well as,  an appropriate mechanism should be implemented promptly to provide rice to the public at subsidiary rates.

 

He made these remarks during a meeting with the rice mill owners and the rice importers , held at the Presidential Secretariat in Colombo today (14).

 

The President further said that the tax reliefs given when importing rice into the country, should be given to the public at their maximum level.

 

“It is the responsibility of all, to provide rice at a concessionary rate to the public without leaving any room to emerge rice shortage in the market”, the President added.

 

The President directed officials to declare separate maximum retail prices for local and imported rice.

 

He also directed the Minister of Industry and Commerce Rishad Bathiudeen to take actions to maintain 100000 metric tons of rice in government stores to be used at any required time.

 

The proposals for the solutions for the issues faced by the owners of rice mills and also the problems about the price of the rice were presented to the President during this meeting.

 

Ministers Ravi Karunanayake, Rishad Bathiudeen, P. Harrison and the Secretary to the President P. B. Abeykoon were among those joined this discussion.

 

The Consumer Affairs Authority (CAA) issued Maximum Retail Price (MRP) order for three varieties of rice on February 8, 2017. 

 

The order No 41 came into effect on the same day and was issued by CAA Chairman Hasitha Thilekeratne under Consumer Affairs Authority Act No 9 of 2003’s section 20(5) while the new prices affected both local and imported rice varieties. 

 

According to the February 8 order, MRPs for a kilo of Nadu rice is Rs 72, a kilo of Raw rice is Rs 70, and a kilo of Samba (excluding Keeri Samba and Suduru Samba) is Rs 80.  

 

It has been reported that complaints have been made by the general public as retailers have consistently ignored the control price that has been set over all varieties of rice. 

 

 

 

MostRead
Mobitel Upahara
VideoStories
 Prices of multiple food items reduced from midnight today

Prices of multiple food items reduced from midnight today

Several farmers continue protests, demanding fair guaranteed paddy prices

Several farmers continue protests, demanding fair guaranteed paddy prices

Dengue cases continue to spike across several districts of the island

Dengue cases continue to spike across several districts of the island

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Opposition Leader accuses Govt. of failing to honour its election promises

Opposition Leader accuses Govt. of failing to honour its election promises

Agriculture Minister vows to implement all possible measures to address farmers' concerns

Agriculture Minister vows to implement all possible measures to address farmers' concerns

 Court orders ex-SIS chief Suresh Sallay to provide Phone and laptop passwords to CID

Court orders ex-SIS chief Suresh Sallay to provide Phone and laptop passwords to CID

Bus fares increased from midnight on July 5 : Minimum fare raised to Rs. 34

Bus fares increased from midnight on July 5 : Minimum fare raised to Rs. 34

32 dengue related deaths reported this year : Public not taking situation seriously

32 dengue related deaths reported this year : Public not taking situation seriously

Sarvajana Balaya leader meets farmers in Medirigiriya : Farmers raise concern over paddy prices

Sarvajana Balaya leader meets farmers in Medirigiriya : Farmers raise concern over paddy prices

“Dengue-related deaths could increase” Health Ministry sets up Dengue Operations Centre and Hotline

“Dengue-related deaths could increase” Health Ministry sets up Dengue Operations Centre and Hotline

No reduction in tuk, school transport service fares despite yesterday's fuel price revision

No reduction in tuk, school transport service fares despite yesterday's fuel price revision

 Seventh IMF review under EFF program in Sept. IMF calls for exchange rate flexibility in Sri Lanka

Seventh IMF review under EFF program in Sept. IMF calls for exchange rate flexibility in Sri Lanka

“Catholic Church influenced Easter Sunday probe” Global Sri Lankan Forum demands independent team

“Catholic Church influenced Easter Sunday probe” Global Sri Lankan Forum demands independent team

Lassana Flora