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Govt. to control rice price

9 December 2010 01:13 pm - 21     - {{hitsCtrl.values.hits}}

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The government has decided to impose a control price on rice from midnight today, the Cooperatives and Internal Trade Ministry said. Accordingly, the maximum retail price of Samba will be Rs. 70, Rs 60 for Nadu, white and red raw rice. 

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  Comments - 21

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  • MR Friday, 10 December 2010 03:25 AM

    It is not possible to control the price with prevaling weather coz it will have an big impact on the furture harvest.
    Is this trade minster have any knowlege about his ministry ???

    Sammy Friday, 10 December 2010 03:42 AM

    Back to the 'price control' days? I guess this maybe required because of certain unscrupulous traders and middlemen.

    upul Friday, 10 December 2010 04:04 AM

    End result is that mill owners got what they wanted. Price increase they were looking at is now official !!!

    DeMel Friday, 10 December 2010 07:28 AM

    Price Controls are responsible for the shortage of chicken. Now the Government is interfering in the Rice market. Are we going back to the days of rice full of stones and continued shortages of food produced in Sri Lanka?
    The solution is to impose a standard all inclusive duty of 50% on Rice & Chicken and allow imports during specified periods, when the Ministry of Consumer Affairs anticipates price rises. Ad-hoc solutions are not in the interests of the producers or the consumers.

    sltk2004 Thursday, 09 December 2010 01:28 PM

    The problem is the sellers sell samba under different names. So they give one lower quality 'generic' samba at 70 and all other sambas with different names will be at higher prices.

    Yehiya-Doha Thursday, 09 December 2010 01:52 PM

    Peopleare suffering lot. Misleading the nation.

    lalith Wije Thursday, 09 December 2010 01:56 PM

    This is stupid as this is a supply and demand problem. You put up the price of flour to a prohibitive level,people stop buying flour and start buying rice and a shortage occurs and the traders will put up the price of rice when a shortage is created.You now price control it but people will continue buying rice and a severe shortage would occur.Then you have to import rice and you find yourself importing rice and flour and no foreign exchange is saved. You will go back to the 70s era of Sirima. Better reduce the price of flour. Lalith Wije.

    meranchi Thursday, 09 December 2010 02:10 PM

    trade minister playing game he doesn't know what to do joke and slip the problem this is waste this type of post given to low educated person

    ddddd Thursday, 09 December 2010 02:17 PM

    what about Basmathi ?

    dfds Thursday, 09 December 2010 02:25 PM

    This will only create shortages at legitimate sales outlets while a blackmarket would emerge.

    Bluff Bluff Thursday, 09 December 2010 02:45 PM

    Only the pasting of posters against the government can be controlled by law in this country!

    Concerned Thursday, 09 December 2010 02:46 PM

    Minister, Why not control the price of pol also?

    Musthafa Thursday, 09 December 2010 02:59 PM

    Goverment must develope the agriculture field- before controlling th eprice

    senaka Thursday, 09 December 2010 03:31 PM

    Lets see how long it lasts. Cannot trust the words of this govt.

    Velusumana Thursday, 09 December 2010 03:51 PM

    Totally agree with what you say.

    Anemagekata Thursday, 09 December 2010 04:05 PM

    This is what happens when politicians try to become economists overnight.

    I see more chaos ahead, rice mills closing down, farmers committing suicide, etc.

    suwantha Thursday, 09 December 2010 09:31 PM

    minister of trade does not know how to control the prices of rice.becourse he is not a practical man for anything.

    Noxius Thursday, 09 December 2010 10:09 PM

    When the price is controlled make sure the quality is not sacrificed. Sell rice fit for human consumption and not for animal consumption

    Thas Friday, 10 December 2010 01:03 AM

    Someone from the Govt of SL is planning to make some extra bucks.

    Ruwanthi Fernando Friday, 10 December 2010 02:33 AM

    what about the best quality samba? it's Rs. 70 or any price the shopkeeper want's?

    PABAWATHI Friday, 10 December 2010 03:05 AM

    AS A FIRST STEP, TRY CONTROLLING MILL OWNING POLITICOS.


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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.