Colombo – Prominent rice businessman Dudley Sirisena has urged authorities to put an end to the ongoing rice guaranteed price issue, stressing that a resolution is essential to solving the country’s rice crisis.
Speaking on the matter, Sirisena questioned why the cost of rice production cannot be accurately calculated, emphasizing the need for a clear pricing strategy. He stated that since the government has already imposed a control price on rice, it is necessary to ensure rice purchases adhere to this regulated price.
Furthermore, he insisted that if there is a need to purchase rice at a higher price than the controlled rate, relevant stakeholders should be consulted, and a formal decision should be taken to revise the control price accordingly.
Sirisena’s remarks highlight the ongoing challenges in the rice industry, with farmers, millers, and traders facing uncertainty over pricing regulations and profitability. The government is now under increasing pressure to review its policies to ensure fair trade practices while maintaining affordability for consumers.