Submissive to businessmen, Government has no policy: Vasu (VIDEO)

Date:

Imposing control prices is not a solution to curb the surge in commodity price and this is mainly due to the fact that the government has no policy, alleged Water Supply and Drainage Minister Vasudewa Nanayakkara, speaking to a briefing held in Colombo yesterday (20).

“The prices of goods today are not the same prices tomorrow. The price in one shop is not the price in another. What is the meaning of this? The answer is not controlling the price. Setting a control price does not control price. The government should create its own markets to distribute these essential commodities, at a reasonable price, at a loss to the government. Why cannot the government revive the former cooperative network? Govt. Has no policy!

The vision of prosperity stands for reactivating the cooperative network. But the government has come under the influence of traders, saying that government should not enter the trade. I can see that the government is allowing that influence in a way,” he said.

Share post:

spot_imgspot_img

Popular

More like this
Related

Corruption’s Heavy Price Resulting in  Public Sector Failures Dragging Economy

Sri Lanka’s economic recovery in 2026 continues to be...

Colombo Port’s Next Act: Can Expansion Power Sri Lanka’s Economic Revival?

As Sri Lanka struggles to sustain its fragile economic...

Digital Leap or Data Trap? Weighing India’s Role in Sri Lanka’s e-ID Push

Sri Lanka’s planned National Digital Identity system marks a...

Sri Lanka Must Match India’s Economic Momentum With Policy Clarity

While India signals readiness to deepen economic engagement with...