Cabinet Granted CWE(Sathosa) To Import 20,000 Metric Tonnes Of Rice Monthly

The Cabinet has approved a proposal to allow state owned  Cooperative Wholesale Establishment (CWE)-("SATHOSA") 20,000 Metric Tonnes of Rice per month to fill the shortage of Rice supply in the local market.

The Rice imported by CWE will be sold through Lanka Sathosa outlets and open market according to the Government.The aim of importing Rice through CWE is to keep a reserve stock in the government to utilize during  a Rice shortage and a price hike of Rice in the local market  it has been stated.

Government has recently allowed the  Private Sector to import Rice as well in this regard.