Direct cash subsidy for low income families: Minister

22 August 2022 12:50 pm Views - {{hitsCtrl.values.hits}} 9 Bookmark

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The government has proposed a direct cash subsidy for low income families, fisheries and plantation sectors that depend on kerosene, Power and Energy Minister Kanchana Wijesekara said.

He said in a twitter post that prices of kerosene is now on par with costs after the price increase.

"Kerosene price revision was a must for many years. One main reason for CPC losses was selling at subsidized prices. With prices now on par with costs, the Governemnt has proposed a direct cash subsidy to low income families, fisheries & plantation sectors that depend on kerosene," he tweeted.

The price of a litre of kerosene was increased by Rs. 253 from last night.

Comments - 9

Mahesh Monday, 22 August 2022 02:06 PM

If someone is depending on subsidiaries. Time to find the reason and try to give them an overseas employment or teach and help to start a business at home. Giving free money will not solve the issue

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Time for take over from anywhere Monday, 22 August 2022 07:39 PM

Too much, too fast. What is happening to us with this government. They can't keep making insane price rises. Being invaded by another country is better than saying Lanka is independent, and having cost of living pressures like this. Who out their can invade and throw out our constitution?

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Appreciative Monday, 22 August 2022 08:53 PM

Agree. The most vulnerable have to supported during this period of significant transition. At some point in time these support mechanisms also need to be phased out.

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Candle in the Wind Tuesday, 23 August 2022 05:54 AM

I suppose this cash will go 'directly' to the Minister's pocket and the poor man will be left in the dark burning a candle at one end let alone both ends!!!

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Hubert Congreve Tuesday, 23 August 2022 08:12 AM

Mr. Minister, you have done a good job curtailing the long queues for Fuel, but the high cost of Kerosene oil will effect on low income families, fisheries and plantation sectors, better reduce the price as previous and give relief, this is important.

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Russel Harmmer Tuesday, 23 August 2022 08:15 AM

You are the only SLPP minister in the present cabinet really worked. Look in to the plight of Estate workers who only use Kerosene oil, think about the Fishermen who lives with Kerosene oil for their living. Hope you will do something soon.

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D.M.R. Fernando (Fisherman from Negombo) Tuesday, 23 August 2022 08:17 AM

Cash subsidy business will not work. Reduce the price of Kerosene as it was before Mr. Kanchana our wise Minister.

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K. Ranaweera Tuesday, 23 August 2022 08:40 AM

Minister says price increase is a long overdue. He can not understand this is much needed help for poor people that is the reason this subsidy was existing such a long time.

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Sambo Tuesday, 23 August 2022 08:05 PM

70% of the people of this country are low income. What else do you want to know.

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