Future Dhal and Sugar Shortage Unavoidable Pettah Whole Salers Association
Pettah Wholesalers Association has warned future dhal and sugar shortage. Once present stock of dhal and sugar sold out, new stock procured at higher price cannot be sold at retail prices fixed by the Government.
In the Budget for the year 2016 , the Government fixed maximum retail prices for dhal, sugar and 6 other essential items.
Accordingly, the control price of dhal was fixed at Rs. 169 per kg. However sugar price was not fixed.
Current market price of unpacked sugar and packed sugar are Rs 87 and Rs 95 per kg respectively.
No trader will come forward to import and sell these items below cost. Hence, shortage of these items in near future cannot be ruled out.