Govt. to import 5 million eggs a week

29 December 2010 03:00 pm - 14 - {{hitsCtrl.values.hits}}

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The Ministry of Trade will import some 20 million eggs per month until the island wide price of an egg reduces to Rs.11, Minister Johnston Fernando said today.

“This Saturday we will be receiving the second consignment of 3 million eggs and likewise we will be importing five million eggs to the country every week,” Minister Fernando said. The Ministry will continue to import until the price of an egg reduces to Rs. 11, he said.

According to him the prices of eggs had fallen considerably after the arrival of the first stock of imported eggs from India on Tuesday.

When the Minister was queried about the prices of eggs in India he said Sathosa planned to make a thin profit margin and unlike the Indian prices the prices of the eggs in Sri Lanka were decided on the impact it will have on the industry and consumers. (SR)

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Comments - 14

Tharaka Chanaka Wednesday, 29 December 2010 03:07 PM

With such a large consignment each egg must be costing no more than Rs. 3/- , add the commission to that makes it 11/=

nawshad Wednesday, 29 December 2010 03:16 PM

why bringing this much eggs? no eggs in sri lanka? where is our beloved ministers? may BE these eggs for making "WATTALAPANG" FOR OUR MINISTERS TO "RECORD IN KINESBOOK" LIKE WE HAD KIRIBATH PARTY RECENTLY"

NKRatnam Wednesday, 29 December 2010 03:15 PM

This is a bad move. The increased price of eggs will encourage more people to go into paultry farming which will improve local economy. Importing eggs to reduce market prices will have double adverse effect on the economy. It drains the foreign exchange reserves while discouraging new entrants into paultry farming.

We will end up importing eggs for ever as there will be no growth in the paultry industry.

Cheena Pattas Wednesday, 29 December 2010 03:55 PM

Imported eggs from India in not a new thing. In the 60s there was plenty of India eggs sold by egg dealers mostly on the pavements. The price of Indian eggs was much cheaper that the eggs produced in Sri Lanka. There was a doubt about the quality and most preferred eggs produces in Sri Lanka. Can still remember the egg vendors removing the "India" seal from the eggs and selling them as locally produced eggs.

Ariyasena Wednesday, 29 December 2010 04:11 PM

An egg, is an egg, is an egg.........be it from Timbaktu or Siberia. Lets hope they wont resort to the tactics of selling all eggs at a premium price claiming SL eggs are better.

VEL Thursday, 30 December 2010 02:03 AM

This import movement is not good.Jobless peoples are increased day by day.Paultry farm to be possible to organized everywhere in Srilanka.Local economy is being established by like this achivement.

Cobra Thursday, 30 December 2010 02:34 AM

You forget one thing, my friend and that is the cost of chicken feed and the taxes placed on it that the ordinary poultry breeders cannot endure!

Chicken Run Thursday, 30 December 2010 02:37 AM

Remember, man does not live by 'eggs' alone-he needs onions, bread and coconuts too!!!!

Lankan Thursday, 30 December 2010 03:15 AM

This is why more people should endorse vegetarian diets! It's srtange how buddhists and hindus make up a major portion of our population in this country and people have still have such high demand for eggs and meat...

Sri Lankan Thursday, 30 December 2010 03:41 AM

Infact, the Government's solution is short sighted and addresses only the short term requirements. Like you said it does not improve the economy as a whole worser still, the Industry.

The Government should waive off the taxes imposed on the ingredients used for the ration that is prepared for the chicken. If they can waive off taxes on cars - which is actually a counter move where there is going to be more traffic congestion adding to pollution.

Our locals (Sri Lanka) know the requirement and do get very good produce of eggs.More effective training, subsidy, facilities and technical know-how will definitely be beneficial for our people to prosper further, instead of depending on imported eggs. What if these eggs are genetically modified - what harm this could cause.

JOHNNY BOY Thursday, 30 December 2010 03:55 AM

NOW ALL CAN HAVE EGG ON THEIR FACES !

mihin lanka Thursday, 30 December 2010 05:44 AM

seek for daily rice.

mohamed Thursday, 30 December 2010 06:30 AM

Great move Mr.Minister we need brave ministers like him who thinks about the consumers not only about the blackmaketing farmers you can buy 1kg of chicken in USA for usd 1/- wots the price in Sri Lanka??Go ahead minister import the chicken also till our farmers bring down their unreasonable prices down.

xlntgson Thursday, 30 December 2010 10:47 AM

Adhoc solutions won't be a long time solution!
Now it will become a trend, no turning back, what will happen if the prices increases in India or India bans like they did it for onions?

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Govt. to import 5 million eggs a week

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