News
After fuel price hike, LPG and milk food price increase now in the pipeline
by Suresh Perera
With the increase in fuel prices triggering an uproar with an Opposition inspired no-confidence motion against Energy Minister, Udaya Gammanpila also on the cards, the government is expected to decide on the price revision sought by Liquid Petroleum Gas (LPG) and milk food importers shortly.
Litro and Laugfs Gas have asked for a price revision of Rs. 750 per 12.5kg domestic cylinder, while companies importing milk food have sought an increase of Rs. 350 per one kilogram pack and Rs. 140 on a 400 gram pack.
Speculation was rife that agreement was reached to push up domestic gas prices by Rs. 400 per 12.5kg cylinder, but the Executive Director of the Consumer Affairs Authority (CAA), Thushan Gunawardena clarified that the regulator has not approved an increase so far.
He said that on milk food also there was still no firm commitment on an increase though discussions were held with importers.
He said that at one such discussion, the representative of one of the companies was asked how much his Managing Director drew as his monthly remuneration and the value of the vehicle he used.
“After checking back, he replied that the MD drew Rs. 700,000 monthly and the luxury vehicle he used was worth Rs. 18 million”, Gunawardena noted.
These companies should be able to prune operational costs in these difficult times without seeking price revisions as a first option, he said.
Trade Minister, Bandula Gunawardena said the government doesn’t import commodities and when private companies which do so seek a price increase on reasonable grounds, it has to be considered to strike a balance.
“If milk food importers are not granted a price revision on the basis of realistic factors, they will stop imports and the products will no longer be available”, the Minister told journalists last week.
He said that global milk food prices have shot up by 32% coupled with enhanced shipping charges and the depreciation of the rupee against the dollar.
Gunawardena noted that 90,000 metric tons of milk food is imported to the country annually.
Asked whether a milk food price increase has been granted, the Minister replied, “that’s a matter for the CAA to decide on”.
The CAA official said that in terms of a gazette notification issued, an action was filed in the Maligakanda Magistrate’s Court to ensure compliance as, in case domestic 12.5kg were not freely available, Litro Gas Lanka as the manufacturer and its respective distributor/trader will be held responsible and liable for prosecution.
He said the CAA has received more than one thousand complaints from consumers about the non-availability of 12.5kg cylinders in the market. This has forced them to buy the new 18-litre hybrid cylinders.
Latest News
Festival advance for government officers to be increased
In terms of the provisions of the Establishments Code on payment of festival advance to government officers, there’s a possibility of obtaining rupees 10,000/- as an advance for celebrating festivals of Theipongal, Ramazan, Sinhala and Hindu New Year, Wesak, Deepavali, and Christmas as well as for pilgrimages (Sri Paada pilgrimage and Hajj pilgrimage).
Provisions have been given to recover the said advance in 08 installments or if required earlier without interest. It has been proposed by the Budget 2026 to increase the said festival advance up to rupees 15,000/-.
Accordingly, the Cabinet of Ministers granted approval to the proposal submitted by the Minister of Public Administration, Provincial Councils and Local governments to revise the relevant provisions so that the festival advance can be increased up to rupees 15,000/- .
News
Providing underutilized lands/properties to suitable investors for optimal utilization.
As per the approval given by the cabinet meeting held on 02-06-2025, action is being taken at present to offer the underutilized lands/properties of the Sri Lanka State Plantation Corporation, the Janatha Etate Development Board, and the Elkaduwa Plantation Company which are under the Ministry of Plantation and Community Infrastructure which have been identified under stage one to suitable investors.
Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of Plantations and Community Infrastructure to provide following lands/properties on a lease basis to the suitable investors for optimal utilization following the prescribed procurement procedure.
• underutilized lands/properties identified under stage two owned by the Sri Lanka State Plantation Corporation, the Janatha Estate Development Board, and the Elkaduwa Plantation
Company,
• The Mawarala watte land and the Tea factory 40.48 hectares in extent, located in Matara District belonging to the Tea Shakthi Fund.
• The underutilized land of 1,541 hectares in extent of Kondachchi Estate is enjoyed by the Sri Lanka Cashew Corporation.
Latest News
Implementation of the National Fisheries and Aquaculture Policy
The drafting of the National Fisheries and Aquaculture Policy has commenced with the objective of equitable distribution of the benefits of the fisheries industry and the sustainable management of fisheries and aquaculture. This policy has been updated from time to time according to current requirements. However, steps have not been taken to obtain the approval of the Cabinet of Ministers for that purpose.
According to the policy declaration of the present government, ‘Vistas of Prosperity and Splendor’ the National Fisheries and Aquaculture Policy has been redrafted, updating the aforementioned policy in line with the economic and development objectives of the government.
The recommendations of the Department of National Planning have been received for the drafted policy.
Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of Fisheries, Aquaculture, and Marine
Resources to implement the National Fisheries and Aquaculture Policy, integrating it with other relevant policies.
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