News

‘CAA has so far not given the nod for LPG and milk food price revisions’ – senior official

Published

5 years ago

2021/06/27

By Suresh Perera

The Consumer Affairs Authority (CAA) has so far not agreed on the respective price increases sought by Litro Gas Lanka and Laugfs Gas PLC and milk food importers, a senior official said on Friday.

Responding to a claim by a minister that the CAA has given the nod for a Rs. 375-400 price revision on a 12.5kg cylinder of cooking gas, he said there’s no such approval granted by the regulatory authority so far.

“It’s true that the two gas companies and milk food importers have filed applications for price revisions. However, the CAA has so far not given the green light for a price hike”, he said.

Litro and Laugfs have sought a Rs. 750 increase on a 12.5kg cylinder, while milk powder importers want to push up the price of a 400g pack by Rs. 140 and a kilo pack by Rs. 350.

Whatever the increase, it has to be determined by the regulatory body’s pricing committee, the official pointed out.

Meanwhile, the CAA will continue raids on LPG distributors/retailers who refuse to sell 12.5kg cylinders to consumers, he said.

“They will face legal action in terms of the gazette notification issued last week”, he warned.

He said the regulatory authority is also working on finalizing a maximum retail price (MRP) for the controversial 18-litre hybrid cylinders introduced to the market.

“We are looking at a MRP of Rs. 1,100 as the hybrid cylinders contain three kilograms less in terms of gas in comparison to the regular 12.5kg cylinders”, the official said.

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News

Ministerial Committee appointed to submit recommendations on proposed program to mitigate loss of crops to wild animals

Published

10 mins ago

2026/03/4

Priyan

The rural agricultural livelihood and food security have been severely impacted due to the damage caused by wild animals such as elephants, wild boars, monkeys, toque macaque, squirrels, and peacocks roaming around human habitats and cultivated lands.

Animal-human conflicts and property destruction have mostly been reported around these areas, and serious social and economic issues have also arisen.

Therefore, the Ministry of Agriculture, Livestock, Land, and Irrigation has prepared a comprehensive program based on the opinions of all stakeholders, including the public, university community, farmers’ organizations, environmentalists, non-governmental organizations which work for environmental issues, the Department of Agriculture, the Department of Agrarian Development, and other relevant organizations.

Taking into consideration the report submitted by the Minister of Agriculture, Livestock, Land, and Irrigation, the Cabinet of Ministers has decided to appoint a ministerial committee with the participation of other relevant ministers, chaired by the Minister of Agriculture, Livestock, Land, and Irrigation, to submit appropriate recommendations on how the aforementioned program should be implemented by further reviewing the proposals included in the said program and incorporating new proposals.

News

Cabinet approves import of Maize to meet shortfall

Published

1 hour ago

2026/03/4

Priyan

The Cabinet of Ministers has approved the resolution furnished by the Minister of Agriculture, Livestock, Land, and Irrigation to determine the price of the maize by a committee appointed by the Secretary to the Ministry of Agriculture, Livestock, Land, and Irrigation in the future and to import only the quantity of maize that could not be supplied locally for the production of animal feed, under the supervision of the Department of Animal Production and Health.

Business

Cabinet nod for the removal of Cess tax imposed on imported good

Published

1 hour ago

2026/03/4

Priyan

The Cabinet of Ministers has approved the joint resolution furnished by the President in his capacity as the Minister of Finance, Planning, and Economic Development and the Minister of Industries and Entrepreneurship Development to phase the removal of Cess tax imposed on imported goods under 2,634 combined classification codes identified over 4 years [from 2026 to 2029\.