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Consumers pay double for Cooking oil

Prices of cooking oils in the domestic market have soared in the recent weeks. This situation has been brought about by the increase in the import duty on all edible oils. The import duty was increased from 28 per cent to Rs. 40.00 per Kg during December 2008, and again from Rs. 40.00 per Kg to Rs.60/00 per Kg, during early April. The prevailing import duty and other levies on edible oils add up to more than Rs.100.00 per Kg.

The price of Coconut oil in the domestic market has soared from Rs.135/00 per Kg during early April, to Rs. 190.00 per Kg. The cost of other imported edible oils (edible Palm oil, Soya Bean oil, Sunflower Seed oil, Corn oil etc.), based on the prevailing import duty and other cesses, will be more than Rs. 200.00 per Kg.

Sri Lanka’s edible oil consumption is estimated to be around 160,000 M/tons per annum. This demand is met by approx 70,000 M/ton s of locally produced Coconut oil and the balance by other imported edible oils.

Twenty million consumers in Sri Lanka are now forced to pay almost double the price for cooking oils as compared to the prices in the world market. Cooking oil is an essential food item for a consumer. None of the other essential food items are sold at double the world market prices.

The price of Coconut oil in the world market is presently around Rs. 98.00 per Kg whereas the current price in the domestic market is Rs. 190.00 per Kg.

When consumers are appealing to the Government to bring down the cost of essential food items there is no justification for them to pay double the world market prices for cooking oils.

The relevant authorities should look into this matter immediately and bring relief to the consumers, while identifying the people who worked with vested interest to bring discredit to the Government.


Pensioners’ rights usurped

The decision to deduct Rs. 50 from the pensioners in February by the Director General of Pensions has been taken with the concurrence of 11 of the Pensioners’ Associations. Now the Vishramikainge Ekabadda Jatika Sanvidanaya (Pensioners’ Joint National Front) and The Public Pensioners’ Trust Fund have disowned this statement. (Vide ‘Sahana’ 2009 March issue).

However, this decision would be interpreted to show that it’s for a good cause and the benefits would be for the entire pensioners. Why do you want to clamour for mere Rs. 50. No doubt? But, how many of the pensioners have the time to spend in Holiday Homes or do they have the essential requisites for their expenses when they have to spend fair amount of the pension for doctors and medical tests.

What has happened to the Pensioners’ Home at Wedamulla built on Government expence. It’s a 4 acre building site which is entirely Government owned and I wonder it is being used only by the pensioners.

Had this proposal to construct a Holiday Home for the present day Public Employees it would have been more sensible. This would have been the ultimate motive as suggested by several writers. The gallivanting trips around the island including Holiday resorts can be expected from them only.

When a person is employed as a public employee, he is bestowed the right of pension at the recruitment itself. When he retires it’s his legal right. Some may try to interpret it as a Dole to make deductions as and when it is required. As only a fair number of pensioners are members of Pensioners’ Associations, is it reasonable to take decisions in consultation with some of them.

“The purpose seems good. The means to that end is bad”. Every pensioner would endorse this sentiment expressed by another writer. The deduction has created precedence by the Director General.

In a future date, if he deducts Rs. 500 giving the reason that the amount so deducted would be utilized for the construction of a large reservoir like Victoria or Moragahakanda and such a scheme would be more beneficial to the entire citizenry in the island. Where would we stand then?

This deduction is unreasonable and unjustifiable. We earnestly requests the Director General to refund this amount as we have tendered our requests to the relevant AGAs.

 

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