The All Ceylon Small and Medium Scale Rice Mill Owners’ Association claims rice stocks can be sold for lower price than the rates announced yesterday by large-scale rice mill owners.
The government yesterday decided to withdraw the gazette issued to impose price control on rice.
Following the decision, large-scale rice mill owners decided to increase the prices of rice variants.
Accordingly, they announced that a kilogram of Nadu will be sold for Rs. 115, while a kilogram of Samba and Kiri Samba will be sold at Rs.140 and Rs. 160 respectively.
However, the All Ceylon Small and Medium Scale Rice Mill Owners’ Association has announced it can issue rice for lower rates.
Speaking to media, Chairman of the Association VK Ranjith said if a kilogram of Nadu paddy is purchased from farmers for Rs. 60, a kilogram of Nadu rice can be sold for Rs. 107.
He added if Samba and Kiri Samba paddy are purchased for Rs. 70 and Rs. 80 per kilogram, a kilogram of Samba and Kiri Samba rice can be sold for Rs.130 and Rs. 150 respectively.
He said the country cannot sustain the continuous increase in prices. VK Ranjith noted that through the measure, large-scale mill owners and middlemen are attempting to gain massive profits while burdening the public.
He said they should take the responsibility, if the market collapses once again.
VK Ranjith claimed that they have no faith in large-scale mill owners, as they could once again announce a price increase citing various concerns.