The Cost of Living Committee has recommended that the price of a 400g packet of milk powder be increased by Rs 20 and a Kilogram by Rs.50 from last night, Ministry of Industry and Commerce said in a statement.
The price increases are applicable only for full cream milk power and not for any other types (such as infant milk powder, non-fat milk etc).
Following a decision of the Cost of Living Committee dated May 1, 2018 to allow increasing of the Maximum Retail Prices (MRP) of milk powder by Rs 20.00 (for 400 grams) and Rs 50.00 (for one Kg), it has now been decided to allow for such an increase in the local market effective midnight of May 4, 2018 (The MRP of other, differently weighted milk powder packs would increase pro rata (proportionally) based on these rates).
The increase is also applicable only for full cream milk powder manufactured (locally or overseas) on or after May 5, 2018. Therefore there shall be no increase of MRPs of any milk powders available (in the market) at present. This MRP increase therefore is not applicable to any milk powders manufactured before May 5, 2018.
You can share this post!
Content
Kasun, was born in 28th Sept 1964, the grandson of the legendary author and linguist Munidasa Cumaratunga and son of SSP Bindu Kumaratunga and Winifred
The Inland Revenue Department (IRD) backed by the Excise and Customs Department today launched a fresh drive to collect taxes including some Rs.780 billion listed as ‘collectable defaults’.
Former Sports Minister Mahindananda Aluthgamage and former Sathosa Chairman Nalin Fernando have sentenced to 20 and 25 years respectively after they were found guilty in a case of fraud.
The Supreme Court today unanimously dismissed a Fundamental Rights petition filed by five convicts in the 1996 Krishanthi Kumaraswamy abduction, rape, and murder case.
Leave Comments