AreaSri Lanka

Commodity GroupRice

CommodityAll

Date03/08/2022

Policy CategoryConsumption and marketing

Policy InstrumentMarket management, marketing, stockholding policy

DescriptionMade manufacturing, marketing, importing, storing, selling and stocking of a set of goods, including paddy and rice, subject to a series of conditions, with the aim of protecting consumers. These conditions included supplying goods demanded by consumers in a timely fashion and without delays; maintaining manufacturing capacity at a maximum, in the absence of input shortages or other impediments to the manufacturing process; issuance of receipts/bills for transactions; adherence to instructions issued by the Consumer Affairs Authority in the event of supply, sale, import or manufacturing disruptions; and refraining from maintaining stocks of raw material of these commodities in excess of volumes normally required for a year, quarter, season or month under a maximum of manufacturing capacity, without approval from the Consumer Affairs Authority.