Lanka Sathosa reduces prices of nearly 400 items for festive season: Minister

26 November 2023 06:01 pm Views - {{hitsCtrl.values.hits}} 10 Bookmark

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Parliament Nov. 26 (Daily Mirror)- Lanka Sathosa has taken measures to reduce the prices of nearly 400 items including essential food items with the aim of providing relief to the consumers during the coming festive season, Trade, Commerce and Food Security Minister Nalin Fernando said.

The Minister mentioned this when the Ministerial Consultative Committee on Trade, Commerce and Food Security met in Parliament recently.

He said steps have been taken to import a stock of rice similar to Keeri Samba rice to prevent any shortages during the upcoming festive season.

He also said the Ministry has taken measures to alleviate the artificial shortage created by the main and large-scale paddy mill owners by hiding the stocks of rice without releasing them to the market.

The Minister said that there is a reported shortage of sugar in the local market due to the concealment of sugar stocks, and hence forcing the setting of a maximum retail price for sugar. The importers have suspended the import of sugar creating a short supply of sugar in the market.

Therefore, measures have been taken to remove the maximum retail price imposed on sugar to prevent any risk of shortages of sugar in the market, the Minister added.

Comments - 10

Buddhist Sunday, 26 November 2023 06:15 PM

Same old, same old! Why only reduce prices now.. why not permanently? If it's done for one time does it mean it does not contribute to the losses? How stupid!

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Toni Sunday, 26 November 2023 08:16 PM

Without telling fairytales can you please list it out of all 400 items with new and old price lists please.

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Mohamed Burhan Sunday, 26 November 2023 08:24 PM

Mr.Minister with respect to you if you can reduce only 1 item i.e milk powder to Rs.500 for a 400 gm pack and the Govt bear the loss and keep prices of other items as it is (no point reducing other items a little it is skyrocketing prices)this price change of milk powder will definitely a relief to the people who can have 3 cups of milk tea a day.If this you are doing a big service.A cup of Tea outside is Rs.100 to 120 and people are drinking plain tea

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roni Sunday, 26 November 2023 09:10 PM

Its a joke the Sathosa at Kawdana Road Dehiwela does not have even room to store and show case 400 items. No need of such no's just drastically reduce the price of what the poor man like me consumes,

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Mohan Sunday, 26 November 2023 09:32 PM

Santa is here already, LOL!

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Ram Monday, 27 November 2023 04:24 AM

One must attend Sathosa outlets to check if the 400 price reduced items are all available or this reduction is only confined to NATO, No Action Talk Only

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Disgusted Monday, 27 November 2023 07:22 AM

Why only during the festive seasons?? Reduce the prices throughout the year. and why only in sathosa??? Sathosa goods are half rat-eaten!!! You can see rats running in the store!!

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Sambo Monday, 27 November 2023 07:26 AM

Reduce the price but nothing available. Not even sugar.

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Mohamed Ifaz Inamdeen Monday, 27 November 2023 06:33 PM

good for nothing minister. He try to fool people.

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Mohamed Ifaz Inamdeen Monday, 27 November 2023 07:23 PM

Good-for-nothing minister. He try to fool people. First and foremost the minister wants to remove all kindred of taxes of all essential food stuffs and want to encourage importers to import these foods abundantly without hindrances.

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