CAA to take legal action against flour price hike

29 October 2012 08:11 pm - 13 - {{hitsCtrl.values.hits}}

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Consumer Affairs Authority Chairman Rumy Marzook charged that no permission or approval had been granted yet to wheat flour production companies to raise prices.

“Flour production companies cannot increase flour prices as they wish. However, Prima and Serendib increased the prices of flour from last Friday after making announcements. Therefore legal action will be taken against those companies today,” he said.

He also said that the companies had not made requests to increase flour prices.

As a result of this, the price of a 450 gramme loaf of bread was increased by Rs.2 with effect from midnight yesterday. (Jayantha Samarakoon)
ered to appear before court

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Comments - 13

nawaladykamila Monday, 29 October 2012 08:41 PM

eyewash or ....?

political illiterate Monday, 29 October 2012 10:32 PM

Did the government levy to import grain go up for these 2 parties to increase the price as the raw material cost has increased? Surely, these companies do not have a consolidated fund to meet the extra expenditure!

Fazli Tuesday, 30 October 2012 01:16 AM

Ramzi can you actually make them revert their prices ? Or will they make you revert your proposed legal action ?

Black Mamba Tuesday, 30 October 2012 01:31 AM

A few shouts here and there and that's it and the poor will go on buying bread at an extra cost if they can afford it! The CAA will make a half hearted threat until the dust settles in and that's it too!!!

true sri lankan Tuesday, 30 October 2012 03:48 AM

Missed your cut on the price increase?

Mushi Tuesday, 30 October 2012 12:00 AM

CAA are all price hikes with your approval?Non sense.Then how did IOC increase diesel price?Y no legal action? via DM Android App

Mr Retort Tuesday, 30 October 2012 04:17 AM

Tell govt. also seek your approval for price increases or this rhetoric would not work

Rohan Tuesday, 30 October 2012 04:39 AM

if govt increases duty on flour surely the flour importers can raise prices.

Roshan Tuesday, 30 October 2012 05:24 AM

So far how many cases the CAA has filed in the court? how many verdict given. Whenever any price is increased such as Flour, petrol and LPG gas.

bandara Tuesday, 30 October 2012 08:04 AM

did the govt. get anyone's approval before raising the duty on flour imports, where were you then.
This is like saying only we can earn not others.
End of the day it is the poor citizens of this country that pay for all their up keep

kattaya Tuesday, 30 October 2012 07:57 AM

Well Mr. Marzook, someone with higher authority may have given the Go Ahead. We cannot find any loaf of bread containing 450 Grames its always not exceeding 350 grames

asd Tuesday, 30 October 2012 08:17 AM

Seems to be team work ?

Mohamed Tuesday, 30 October 2012 10:10 AM

Authority less Authority, as another white Elephant ....

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CAA to take legal action against flour price hike

Comments - 13

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