March 13, Colombo (LNW): The Consumer Affairs Authority (CAA) has issued a statement today confirming that there have been no revisions to the maximum retail prices for raw rice, despite reports circulating that some rice mill owners and wholesalers are attempting to sell rice at inflated prices.
According to the CAA, these traders have been misleading retailers, suggesting that the government’s price regulations on rice have been altered.
As a result, numerous retailers have been approaching authorities with queries, uncertain whether the controlled prices still apply.
The CAA has firmly stated that the maximum retail prices for raw rice, as per the official gazette notification, remain intact. There has been no change to the prices set by the government, and they continue to be as follows:
- Raw red rice – Rs. 220 per kg
- Nadu rice – Rs. 230 per kg
- Samba rice – Rs. 240 per kg
- Keeri Samba rice – Rs. 260 per kg
The regulatory body has also reassured the public that it will continue to monitor and enforce these price controls with the utmost diligence.
Regular raids and investigations will be carried out across the country, with legal action planned against any vendors found attempting to sell rice at prices above the regulated limits.
