Sri Lanka to introduce Mobile Rice Supply System

13/09/2014,

The Government has introduced a Mobile Rice Supply System by using the state-owned Lanka Sathosa trucks to sell rice at controlled prices. White raw rice is sold at LKR 64 (USD 0.49) per kg, white samba rice at LKR 76 (USD 0.58) per kg and white Nadu at LKR 67 (USD 0.51) per kg, below market prices. This policy aims to avert rice shortages and stabilize prices which have increased in recent months to record levels, as a result of the poor 2014 paddy production. Subsidized rice will also be sold at the Lanka Sathosa outlets network currently being renovated.