AreaSri Lanka

Commodity GroupRice

CommodityAll

Date11/06/2021

Policy CategoryStocks

Policy InstrumentStock-holding policy, registration requirements

DescriptionStipulated that rice producers, collectors, millers, wholesalers, distributors and store owners could not hold paddy or rice in storage unless they and the warehouse, silo, store or container where the supplies were stored were registered with the Consumer Affairs Authority, to which they would also have to provide information regarding their stocks of paddy and rice upon request. Paddy producers and the supplies they cultivated would be exempt from these requirements. The decision became effective on 11 June 2021, instructing the various supply-chain actors to register and provide information regarding their paddy and rice stocks within seven days of its effect.