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Sat, 02 Dec 2023 Today's Paper
No possibility of sugar shortage in country: Siyambalapitiya
19 November 2023 10:08 pm - 10 - {{hitsCtrl.values.hits}}
DERANIYAGALA (Daily Mirror) - According to the Consumer Affairs Authority (CAA), there is a stock of about 19,000 metric tons of sugar available in the country. Therefore, there is no possibility of a sugar shortage in the country, Finance State Minister Ranjith Siyambalapitiya said.
Addressing the media at an event in Ilukwatta, Deraniyagala this morning, he said whenever there is a stock of commodities available in the country, the value of that particular stock will increase after the import tax is increased.
But as a government, a maximum retail price can be imposed to prevent such undue profits. The current government followed that measure to prevent the price increase of sugar both times when the sugar tax was changed, the State Minister said.
He also mentioned that although the CAA conducts regular inspections on the sugar stocks in the country, the sugar businessmen use various tactics to gain profits.
He said even the Cabinet Paper states that the sugar stocks in the country should be carefully calculated during the tax period and a maximum retail price should be imposed until the stocks are exhausted.
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Bandu Sunday, 19 November 2023 11:10 PM
How stupid is that ? Just because there is a large stock in warehouses, if it is not available in the retail shops, that is a shortage Mr Minister.
Ram Monday, 20 November 2023 03:03 AM
Do you mean that most Sri Lankans are Diabetics to say that there is no sugar shortage in the country?
Nimal Monday, 20 November 2023 06:39 AM
What do you mean "no possibility"? It has become a reality.
Kick these crooks out Monday, 20 November 2023 07:15 AM
Thanks to the sugar mafia that has our sleazy presidents backing.
Sambo Monday, 20 November 2023 07:49 AM
As for you there is no shortage of sugar knowing the stocks available in storage's. But we buy sugar from the markets and it seems the sugar is hidden so we call this a shortage ,
Premalal Perera Monday, 20 November 2023 08:08 AM
You may be right but how many could afford to buy sugar?
Wonderer Monday, 20 November 2023 08:50 AM
SL must be the only country in the world where everyday some talk happens about vanishing consumables and talk about a overprice. What is going on here? I have never heard of this even in countries in war zones. Mismanagement and law enforcement at its worst!
melville perera Monday, 20 November 2023 09:32 AM
stupid answer by the minister. Yet 6.9 if not the country's entire society is up in arms, is affected except the chess board assembly by the disappearance of white sugar over night. Weak laws, indifference by the authorities who are always clueless on all such issues and give stupid answers are the main reasons for the illegal mafia controlling stocks and pricing of all consumer items and the Standing Orders of the mafia will continue The hobby horse of the authorities is appointing SELECT commissions/committees with unconvicting retired judges whose reports are never exposed for fear of exposing the culprits
Citizen Monday, 20 November 2023 10:04 AM
Even if talk is sugar shortage as in the past.Sugar available in retail shops.want be surprised sugar will go upto Rs.400 with recent Rs.50 tax.
Roger D S Tuesday, 21 November 2023 07:30 AM
Government bodies should step in
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