Large-scale rice mill owners have been making huge profits of Rs. 33-53 per kilo of rice in recent days, said the National Organizer of the All Ceylon Agrarian Federation, Namal Karunaratne.
“Yesterday the owners of large-scale mills shouted that they all got paddy for Rs. 117. It means they have bought a bundle of paddy for Rs. 7500. If so, when you buy a bundle of paddy at 7500, a kilo of paddy is only 117. After buying a kilo of paddy at 117, the cost of making a kilo of rice is adjusted according to this formula, and it would be Rs. 207. The kilo of rice that can be given for Rs. 207 is what one mill owner sells for Rs. 270 and the other for Rs. 250. How can that happen? This is the reality. ”
Namal Karunaratne stated this addressing a media briefing held yesterday (23).