Govt. to boost capacity of small and medium rice mill owners

Saturday, 26 October 2024 03:19 - - {{hitsCtrl.values.hits}}

Move aimed at stabilising market
President says unfair profits from fluctuating rice control prices will not be tolerated

President Anura Kumara Dissanayake yesterday announced that the Government will support small and medium-scale rice mill owners in enhancing their capacity to help stabilise the rice market.

He made this statement during a discussion held with the rice mill owners where he noted that since the Government invests significantly in promoting agriculture, irrigation, and fertiliser subsidies, these businesses have a social responsibility to provide rice to the public.

The meeting included an extensive discussion on measures to enhance the capacity of small and medium-scale rice mill owners to balance the market.

The President also stressed that no businessman will be permitted to exploit the situation by unfairly raising rice prices.