Minister of Trade, Commerce, and Food Security Nalin Fernando has stated that legal action would be taken against companies manufacturing non-essential food items that fail to offer relief to the public despite benefiting from government tax concessions.
Fernando made these remarks during a press conference organized by the Presidential Media Centre yesterday (22 June), focusing on the theme ‘Collective Path to a Stable Country’.
The Minister also emphasized the importance of displaying the maximum price of every product sold within the country, adding that legal measures would be taken against companies and manufacturers that fail to comply with this requirement.
Moreover, he highlighted that as a result of President Ranil Wickremesinghe’s prudent decisions, the country successfully saved approximately USD 350 million that would have been otherwise spent on rice imports by the government.
Minister Fernando also noted that significant efforts have been made to revise the outdated Consumer Affairs Authority Act, which has been in effect for two decades, in order to safeguard the rights of consumers, the President’s Media Division (PMD) reported.
source adaderana
