Fri, 03 Dec 2021 Today's Paper

Will reduce potato prices if import duty slashed: EFCITA

24 December 2019 07:17 am - 1     - {{hitsCtrl.values.hits}}


The Essential Food Commodities Importers and Traders Association (EFCITA) said the market prices of potatoes as the main consumer item could be reduced if the government slashed import duty.

A spokesman of the association said the government imposed Rs.50 as import duty on a kilo of potatoes thereby resulting in increased wholesale and retail prices.

“Today, vegetable prices are very high due to shortfall in supply. As a remedy for consumers, we can lower potato prices if the government reduces tax. Potatoes are mainly imported from Pakistan these days. Sri Lanka imports 15,000-20,000 tonnes of potatoes per month,” he said.

When asked about onion prices, he said prices were high in the world market and therefore there was no immediate solution.

“As a leading onion producer, India has stopped exports these days leading to a spike in the world market. As a result, Sri Lanka mostly imports from the Netherlands. Besides, red onion is imported from Thailand,” he said. (Kelum Bandara)

  Comments - 1

  • B Tuesday, 24 December 2019 07:40 AM

    Cannot we grow both here on long term and save money ....

Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment

A Sri Lankan giving dignified burials to unclaimed bodies for five decades

After their death, most people are memorialized at a service, surrounded by g

Focus on Laggala Gem mining big shots bigger than the law

The truth is now being uncovered regarding an illegal mining racket in state

How and why the TNA was formed twenty years ago

The Tamil National Alliance (TNA) is now twenty years of age. The premier pol

India lays emphasis on culture diplomacy with Sri Lanka

Indian Prime Minister Narendra Modi wanted to inaugurate the Kushinagar Inter