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

A’pura sexual abuse case: Women MPs to monitor ongoing legal proceedings

The Women Parliamentarians’ Caucus has decided to review the ongoing legal proceedings and matters...

Three remanded over bribes from Cyclone Ditwah compensation payments

A disaster relief officer attached to the Monaragala Divisional Secretariat, a Grama Niladhari, and...

Sri Lankan Rupee Strengthens Against USD After Recent Slide

Sri Lanka’s rupee strengthened again against the US dollar today (25), according to the...

No PC Polls This Year as Funds Diverted for ‘Ditwah Relief’: Tilvin

he long-delayed Provincial Council (PC) elections will not be held this year as funds...

More like this

A’pura sexual abuse case: Women MPs to monitor ongoing legal proceedings

The Women Parliamentarians’ Caucus has decided to review the ongoing legal proceedings and matters...

Three remanded over bribes from Cyclone Ditwah compensation payments

A disaster relief officer attached to the Monaragala Divisional Secretariat, a Grama Niladhari, and...

Sri Lankan Rupee Strengthens Against USD After Recent Slide

Sri Lanka’s rupee strengthened again against the US dollar today (25), according to the...