website hit counter
Sunday, April 19, 2026
Sunday, April 19, 2026

HomeNewsCAA Awaits Price Stabilisation to Decide on MRP for Rice

CAA Awaits Price Stabilisation to Decide on MRP for Rice

CAA Awaits Price Stabilisation to Decide on MRP for Rice

spot_img

The Consumer Affairs Authority (CAA) will determine whether to remove the maximum retail price (MRP) for rice only after price stabilisation is achieved through imports, a report on Daily Mirror said.

Hemantha Samarakoon of the CAA told Daily Mirror that 90,000 tonnes of rice, including white and Nadu varieties, have been allocated for import until 10 January.

Responding to queries about a possible drop in the MRP following the imports, the chairman stated that no discussions have been held yet. “A decision will be made after assessing the situation post-imports,” he said, adding, “Once imports are completed, the shortage should be minimised, and further imports will not be necessary.”

He also emphasised that raids will continue, and fines will be imposed on vendors selling rice above the MRP.

Currently, the MRP for white rice is Rs. 215 per kilogram wholesale and Rs. 230 retail, while Nadu rice is set at Rs. 225 wholesale and Rs. 230 retail.

spot_img

Latest articles

Mother and Teenage Daughter Killed in Arson Attack in Maharagama

A mother and her teenage daughter were killed after the upper floor of a...

Journalist Sulochana Faces CID Scrutiny Over Energy Crisis Article

The Free Media Movement (FMM) has condemned a move by Sri Lanka’s Criminal Investigation...

Hiru TV Apologises to Lal Kantha after Rs. 10 bn LOD

Hiru TV has publicly apologised over errors made in its calculation and reporting of...

QR system for petrol vehicles reinstated from midnight

The Ceylon Petroleum Corporation (CPC) announced that the temporarily suspended QR code-based fuel quota...

More like this

Mother and Teenage Daughter Killed in Arson Attack in Maharagama

A mother and her teenage daughter were killed after the upper floor of a...

Journalist Sulochana Faces CID Scrutiny Over Energy Crisis Article

The Free Media Movement (FMM) has condemned a move by Sri Lanka’s Criminal Investigation...

Hiru TV Apologises to Lal Kantha after Rs. 10 bn LOD

Hiru TV has publicly apologised over errors made in its calculation and reporting of...