Rishad Resort to Ensure Rice at Control Prices

 Minister of Industry and Commerce   , Rishad Bathiudeen   had a  meeting  with the  officials of the  Consumer Affairs  Authority  yesterday(8) and discussed    strategies to be adapted  in  implementing  the control prices  of rice  gazetted. According to the gazette notification maximum retail price of a kilogram of Samba rice has been fixed at  80 rupees while a kilogram of Raw rice is fixed  at 72 rupees. The Ministry of Industry and Commerce announced that a kilogram of Nadu rice can only be sold at a maximum retail price of 70 rupees. Above prices  came into  effect from 8^th February 2017.

In this meeting  Minister Rishad   has instructed officials  to have  close liaison  with the customs  to ascertain the  volume  of rice imported by rice importers and  monitor  issues  in the  market . For this purpose a committee was appointed.  Any importer , who hoards  rice  will be charged  in courts.  Another  committee was appointed   to monitor the volume of rice produced from paddy  by  the Paddy Marketing Board (PMB) and take  steps  to ensure  steady  supply to the market .

Minister Rishad  warned  stern action against  traders who, resort to sell  rice above control prices.

Right decision  taken at the right time by Rishad  will ensure availability of  rice at control prices  in the market.