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Govt. Declares war on cement black market

26 January 2022 09:07 pm - 16     - {{hitsCtrl.values.hits}}

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Government has decided to carry out an operation to raid cement suppliers and recover hidden stocks, State Ministry of Rural Housing Construction and Building Materials Industries Promotion said today.

This decision was made during a meeting which the State Minister of of Rural Housing Construction and Building Materials Industries Promotion Indika Anuruddha had with the stake holders of cement industry and the officials of the Consumer Affairs Authority last morning.

It was decided to prepare a list of suppliers and carry out raids. In addition steps will be taken by the state ministry, Finance Ministry and the Consumer Affairs Authority to see that cement is sold at a fair price.

The State Minister said some of the suppliers are hiding stocks in order to jack up prices. However it was revealed that there was a shortage of 100,000 Metric tons in the market. Total monthly stocks which Sri Lanka needs is 500,000 metric tons.

The price of a 50 kg bag of cement is said to range from Rs.1500 to Rs 1700.(Yohan Perera)

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  Comments - 16

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  • Dee Wednesday, 26 January 2022 09:30 PM

    LoL

    Mahila Thursday, 27 January 2022 02:52 AM

    Raids happened in early 1960;s and 1970's too with millions clapping/cheering. That did not solve the lack of US$ or Sterling Pound problem. What it did was to make the problem acute/severe until 1978. No body will invest money if you HORA grab wealth! is it not grab what is in stock and KAPUT after?? Short sighted process

    Mizaru Thursday, 27 January 2022 03:40 AM

    Ha Ha Ha! A government that can not control the price of rice, the staple food of Sri Lankan, these are just jokes for me. This minister is as crude as crude oil.

    Buruwa Thursday, 27 January 2022 04:47 AM

    This man - Only talk. Go and fly a kite.

    lion Thursday, 27 January 2022 05:32 AM

    war, just dont make us laugh.

    Buddhist Thursday, 27 January 2022 06:18 AM

    The Govt that did not go behind black market in Gas, Oil, Rice etc is going behind cement!

    Karu Thursday, 27 January 2022 06:50 AM

    Check for the quality of the imported cement please. They are not brought down from reputed manufacturers.

    Frustrated house builder Thursday, 27 January 2022 07:23 AM

    No Dollars to import cement and scarcity in the market. Tell the truth we are not fools to accept your words

    Terrence Thursday, 27 January 2022 07:55 AM

    When demand exceeds supply a black market automatically is created the govt foresight is poor with the new projects in not taking pre-emptive steps

    WAR the favourite word Thursday, 27 January 2022 08:22 AM

    Why a war on ONLY cement? Not on gas,vegetables, medicines etc?

    Mahesh Thursday, 27 January 2022 08:35 AM

    A government which cannot even provide basic needs like rice at low price talks about cement.lol. Best jokers ever.

    Rishan Thursday, 27 January 2022 08:40 AM

    Just like the war on the RICE MAFIA?

    joshua Thursday, 27 January 2022 08:40 AM

    ha haa...it will be like the war the government made against rice mafia. It only resulted in increase in prices. No use....all talk only.

    Jude Thursday, 27 January 2022 08:52 AM

    Instead declaring war and all mucho TALK nonsense, BUILD SOME CEMENT FACTORIES IN SRI LANKA!!

    Jude Thursday, 27 January 2022 08:54 AM

    Can't understand why Daily Mirror News publish THIS UNWORTHY stuff!! Huh!!

    Jude Thursday, 27 January 2022 09:04 AM

    Nowadays media trying to paint a Rosy picture however, the country is in the Verge of Bankruptcy!! Huh!!


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