Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Government to import 10,000 metric tonnes of rice.


Date: 23-12-2016
Subject: Government to import 10,000 metric tonnes of rice
The government   has decided to import 10,000 metric tonnes of rice as a means to solve the scarcity of rice.

The cabinet of ministers also granted approval to the private sector to import rice.

The Ministry of Industry and commerce said today that they had received the import prices, and samples of rice via the Sri lankan Embassy in New Delhi, India.

The secretary to the ministry stated that the tender committee of the Ministry of Industry and Commerce will select the suitable company and the orders to import will be placed “tomorrow it self.”

Secretary to the Ministry of Industry and Commerce,T.M.K.B. Tennakoon further added that it will take close to a week to accomplish this, and rice will be brought in from India for now while prices of Pakistan and Bangladesh are also being looked at.

“We hope that the rice in the Paddy Marketing Board will come out during the festive season”, he said. The  Chairman of the All Ceylon Peasants’ Federation said that if the paddy that is with the government is converted into rice then it can be sold with a profit and if the mill owner is paid Rs. 5 for a kilo then it can be sold for less than Rs 70 with a benefit to the consumer as well.

“There is no scarcity,” he said He charged that the government has taken steps to import rice from India and there will definitely be commissions involved. He pointed out that the country can be fed for months with the rice that is available and that Minister P Harrison himself is saying that the stocks are being hidden and that there is a rice mafia. And what will happen after this is that stocks will also come out,  and after two months they will begin to harvest the yield and then they will have to store the paddy and the value of the farmers paddy will go down.

He added that those stocks will be purchased by large scale mill owners and then they will artificially fluctuate the prices and they will rob from the consumers.

Farmers raised their objection with regard to the decision taken by the government to import rice as a solution to the rice crisis. Cabinet approval to import rice was granted today to the private sector as well, based on a suggestion made by Minister of Industry and Commerce Rishad Bathiyutheen.

The small and medium scale mill owners’ association says however that over thousand mills have been shutdown due to the prevailing situation. They allege that a handful of major mill owners have obtained the rice stocks of the government.

Source: newsfirst.lk

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 12-11-2025
Notification No. 32/2025-Customs (ADD)
Seeks to impose anti-dumping duty on Hot-rolled flat products of alloy or non alloy steel originating in or exported from Vietnam

Date: 07-11-2025
Notification No. 31/2025 -Customs (ADD)
Seeks to impose anti dumping duty on imports of “Flax or Linen fabric having flax content of more than 50%” originating in or exported from China and Hong Kong

Date: 04-11-2025
Notification No.73/2025-Customs (N.T.)
Transhipment of Cargo to Nepal under Electronic Cargo Tracking System (Amendment) Regulations, 2025 by amendment of Principal Notification No. 68/2019-Customs (N.T.) dated 30th September, 2019

Date: 31-10-2025
Notification No. 72/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-10-2025
NOTIFICATION No 68/2025-Customs (N.T.)
Assignment of Proper Officer under section 18A

Date: 30-10-2025
NOTIFICATION No. 69/2025-Customs (N.T.)
Levy of Fees (Customs Documents) Amendment Regulations, 2025

Date: 30-10-2025
NOTIFICATION No. 70/2025-Customs (N.T.)
Customs (Voluntary Revision of Entries Post Clearance) Regulations, 2025

Date: 30-10-2025
NOTIFICATION No. 71/2025-Customs (N.T.)
Conditions, where no revision allowed under Section 18A

Date: 23-10-2025
NOTIFICATION No. 66/2025 - Customs (N.T.)
Notification of ICD Malur, Kolar District, Karnataka u/s. 7(1)(aa) of Customs Act, 1962" and it was issued under Section 7(1)(aa) of Customs Act, 1962.

Date: 18-10-2025
NOTIFICATION No. 17/2025 – CENTRAL TAX
Seeks to extend date of filing GSTR-3B.



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001