Prices on imported rice varieties reduced

26 November 2014 04:00 pm - 4     - {{hitsCtrl.values.hits}}

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Imported rice would be sold at subsidized rates at Lak Sathosa outlets from today; Ministry of Cooperatives and Internal Trade said today.

 

Accordingly, the price of Samba rice would be reduced to Rs. 60 per kg, Nadu for Rs. 55 per kg and Kekulu Rs. 50 kg.

 

The average price of all varieties of imported rice was ranging from Rs.90 to Rs.100 per kg earlier, according to the ministry.

 

A ministry spokesman told Daily Mirror that the government had decided to bear whatever the losses incurred by this move on behalf of the people. Asked whether the import duty was reduced paving the way for a price cut, sources said no such decision was made.

 

The ministry reiterated that the government would be compelled to take over privately owned rice mills in order to stop artificial shortages. (Yohan Perera)

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  Comments - 4

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  • Ravi Thursday, 27 November 2014 08:28 AM

    We must have elections every day, because our cost of living will come down

    Ramblig Rose Wednesday, 26 November 2014 09:33 PM

    Well done Mithri, even before you are president the prices are coming down.

    Sam Friday, 28 November 2014 01:57 PM

    whats a good news via DM Android App

    cm Thursday, 27 November 2014 01:44 PM

    To reduce rice price Maithripala has to contest as common candidate. That is a another blow to Mahinda.


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