- Last Update 2024-07-18 19:35:00
Maximum Retail Price on coconuts lifted
The maximum retail price (MRP) imposed on coconuts has been lifted with effect from yesterday (Oct 23) by the Consumer Affairs Authority (CAA).
A gazette had been issued to this effect by CAA Chairman Lalith Senaweera repealing the MRP of Rs 75 imposed on a coconut through a gazette in 2017.
CAA Deputy Director Samantha Karunarathne explained that this decision had been made to encourage a competitive market. However, she said that an MRP would be re-imposed if the commodity is sold at unreasonable rates.
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MP on open warrant turns up at school event
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SC refuses interim order on Judges appointments
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