Cost of living: Yapa critical about govt. mechanism

18 October 2017 10:01 pm - 6 - {{hitsCtrl.values.hits}}

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Disaster Management Minister Anura Priyadarshana Yapa was critical of the government’s current mechanisms established to contain the rising cost of living, at yesterday’s Cabinet meeting.

The Cabinet met with President Maithripala Sirisena in the chair. Asked about what happened, Mr. Yapa told Daily Mirror that he said the mechanism had not yielded, and therefore new measures had to be worked out.

The Minister said SATHOSA, the state-owned retail chain, could not make an impact in bringing down the prices of essential items.

“SATHOSA alone cannot address the issue. There should be a system involving all the stakeholders to control the prices. The price is determined according to the supply and demand. When there is a shortfall in supply of any item, it has to be increased. We need a mechanism for it,” he said.

Commenting coconut prices, he said the retail price had shot up due to the crop failure.

“There is a crop failure due to the dry spell. Again, we need to introduce drip irrigation for coconut cultivations during dry months. We also need to address rice shortage. When we identify any shortage in local production, it has to be filled with imports to control prices,” he said. (Kelum Bandara)

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Comments - 6

ceylon Thursday, 19 October 2017 09:18 AM

why dont you worry about your cost of living .all your cost pay by people. you work for people for this money. via DM Android App

Thursday, 19 October 2017 09:53 AM

How can any mechanism be fruitful when pinguttara politikkas inside yahapalanaya play for their own future political survival?

caliph Thursday, 19 October 2017 02:08 PM

He never thought of the peoples living conditions when he was in MR's government. Give up the government perks you guys enjoy. Many Luxury Vehicles for the whole family, Many luxury houses, Percentage on government developments contracts. Give up all these and stay clean the economy of the country will improve

Ajith Thursday, 19 October 2017 02:42 PM

Before criticizing others do your ministry works it is a another disaster.

TONY Thursday, 19 October 2017 06:25 PM

NO GOVT IN THE PAST AND EVEN THIS GOVT CANNOT TACKLE THE RISING COST OF LIVING. PEOPLE KNOW ABOUT THIS, SO DO NOT TALK NONSENSE.

Wera Friday, 20 October 2017 03:50 AM

And why is there a drought in one part of the country and floods in another part minister of disasters? Ever increasing disasters but He does not know why or what to do.

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Cost of living: Yapa critical about govt. mechanism

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