Registration for rice mill owners compulsory

2 February 2011 09:48 am - 14 - {{hitsCtrl.values.hits}}

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For the first time in country registration with the Paddy Marketing Board (PMB) will be made compulsory for all rice mill owners, Minister of Trade Johnston Fernando said.

“Many of the rice mill owners create an artificial shortage, hoarding buffer stocks to make unreasonable profits,” Minister Fernando said. According to him the rice mill owners buy at the lowest prices from the farmers and they hoard these stocks with the intention of making super natural profits.

“We are going to register and maintain a database so that we will know the stock of rice that is in the country,” Minister Fernando said. The Ministry will be able to better prepare and forecast a shortage or surplus of rice by maintaining a database, he added.

Minister Fernando said that they will be able to monitor the amount of stock in circulation and in warehouses thus being able to stabilize the prices whilst meeting the demand. (SR)

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Comments - 14

malkanthi Wednesday, 02 February 2011 10:00 AM

What about other commodities, rice is not the only issue!!

bandar Wednesday, 02 February 2011 10:10 AM

Minister of Trade Johnston Fernando, our very best support to you. Fair trade is good for the country.

Geriatrix Wednesday, 02 February 2011 10:14 AM

At least they are starting from somewhere!!!

Nihal Amarasekera Wednesday, 02 February 2011 10:27 AM

Good move; start with ministerial Colleagues.

wara Wednesday, 02 February 2011 10:44 AM

You only see the bad part of everything. Nothing good !

SLLover Wednesday, 02 February 2011 11:12 AM

Dear Minister, Appreciate your good work. Salute you.

Cobra Wednesday, 02 February 2011 11:23 AM

Another rule that will be 'overruled' after threats from ministerial mill owners!!!!

Percy Mandawala Wednesday, 02 February 2011 01:32 PM

Start with Polonnaruwa rice mafia.

Ari Wednesday, 02 February 2011 01:51 PM

The point is if the action contemplated makes sense in the context of the commodity of rice. If so, let us support it.

Yehiya-Doha Wednesday, 02 February 2011 02:09 PM

You go & register. They dont need to come your door step. Follow china.

Puran appu Wednesday, 02 February 2011 05:32 PM

good one mate! the rice mafia!

Halparuwa Thursday, 03 February 2011 12:14 AM

Why can't take an appropriate action before any disaster

Ranjith Thursday, 03 February 2011 12:32 AM

What next? are we heading back to70's ? Famous Hal polu and Miris polu.

Mr Retort Thursday, 03 February 2011 10:41 AM

So now there is at least some business for PMB but no rice for consumers

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Registration for rice mill owners compulsory

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