Price of rice to be controlled

19 March 2014 12:44 am - 4 - {{hitsCtrl.values.hits}}

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The government is slated to introduce a controlled price for rice in order to arrest the continual rise in the price of rice, sources from the Ministry of Cooperatives and Internal Trade said yesterday.

The sources said the controlled price of Nadu rice would be Rs 64 per kilogram and of Samba Rs 75.

The decision had been taken, the sources said, in order to stall the price increases and reduce the burden on consumers.

The current market prices of Nadu and Samba are both in excess of Rs 90 a kilo according to the Ministry. (Yohan Perera)

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Comments - 4

Punn Akku Wednesday, 19 March 2014 03:08 AM

didn't they just donate like 50 tons of rice to some country a few days ago? what the hell?

sss Wednesday, 19 March 2014 10:41 AM

Wii be passed on to poor farmers, They and other producers continued to be swindled while bloated government sector is idling and getting paid

Tikka Wednesday, 19 March 2014 10:51 AM

Last time same thing happened....Price control gazzett issued........did not implement it properly.......going to issue new price/gazzett notification.... will fail at implementation....

faro Wednesday, 19 March 2014 04:46 PM

good move. gvnt should also buy the paddy from farmers for reasonable price to protect them from heavy loss due to price control. via DM Android App

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Price of rice to be controlled

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