Sunday May 11, 2025
Monday, 9 February 2015 00:00 - - {{hitsCtrl.values.hits}}
Minister of Industry and Commerce Rishad Bathiudeen has instructed the Consumers Affairs Authority (CAA) under his Ministry on 7 February to ‘move fast on errant traders who fail to give the recent budgetary benefits to Lankan consumers’.
In line with the wishes of the new Government led by President Maithripala Sirisena, the Budget 2015 presented by Finance Minister Ravi Karunanayake brought relief to the consumer by reducing prices of certain essential items: one litre of kerosene reduced by Rs. 6, a kilo of sugar reduced by Rs. 10, a packet of 400 gram milk powder reduced to Rs. 325, tax on wheat flour reduced by 10%, bringing wheat flour prices down by Rs. 12.50 and a loaf of bread by Rs. 6.
“I have received a number of complaints from the consumers that the price reductions from the recent budget have not been passed to them yet. I instruct you to move fast on errant traders who fail to give the recent budgetary benefits to Lankan consumers. Keep the 1977 hotline open and attend so that action such as raids can be done immediately,” instructed Minister Bathiudeen from his offices of the Ministry of Industry and Commerce, Colombo 3.
The CAA is the apex state organisation to protect consumers’ interests and ensure fair market competition. It conducts market investigations and also mandated on consumer education, pricing and management, competition and promotion.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.