Traders fall in line while raids continue
COLOMBO: The raids against hoarders of rice continued during the
weekend with several errant traders nabbed by the Authorities, since the
Government stipulated prices for several varieties of rice from last
In a new development, the Authorities have decided to empower
Government Agents to monitor the activities of traders in the out
stations, sources said. The Consumer Affairs Authority is also expected
to intensify raids from today against traders who fail to comply with
the price ceiling and if necessary Police assistance will be sought.
Meanwhile, according to the Ministry of Trade and Consumer Affairs
there would be no shortage of rice in the country with the Maha harvest
providing two million tonnes of harvested paddy. Another one million
tonnes of imported rice is also expected to be released to the market
during next week which would a further boost to stabilise prices,
Also the rice mills which put up shutters for the Avurudu
celebrations are expected to commence normal work from today onwards.
Meanwhile, according to sources, several trader associations who import
rice have agreed to adhere to the new rice price structures.
According to the Ministry of Trade and Consumer Affairs, sufficient
stocks have been released to CWE outlets islandwide and that consumers
were able to purchase rice at the stipulated prices.