No final decision on gas, milk powder price hikes: Ministry

Published : 12:01 am  January 8, 2019 | No comments so far |  | 

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Untitled-3By Darshana Sanjeewa   

The Industry and Commerce Ministry said yesterday that it had not taken a final decision on the increase of prices of gas and 
milk powder. 

 

 

  • Consumer Affairs Authority analysing prices in world market  

 

Secretary to the Ministry Ranjit Ashoka said the Consumer Affairs Authority (CAA) was currently analysing the prices of gas and milk powder in the world market. 


“Gas suppliers always request to increase prices owing to the depreciation of the Rupee value against the US Dollar, but we cannot meet their demands on every occasion,” he said at a media briefing. 


He said if a revision in gas and milk powders prices was needed, it would be made based on current international market prices and compared to the change of Rupee. “It is important that we discuss the matter with the Finance Ministry,” he said. 


When asked if there would be a gas price increase, he did not rule out that there would not be so but said the ministry had not yet taken a final decision.  

 

  • Says vital to discuss the matter with Finance Ministry

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