
Most readers will have the impression that I usually criticise the government but let me give some praise where it is due.
The quick action by the Agriculture and Agro-based Industry Minister to revoke the price increase of rice is most welcomed. Everyone eats rice and the unwarranted price hikes would have angered everyone.
Action was needed and a decision was made without having to involve the whole Cabinet. It is strange that the monopolistic company decided to raise prices without a proper proposal.
Perhaps the market would be better served if one or two other companies were also allowed to import rice. That would provide a good check and balance against profiteering.
Photo: Thanks to http://asiarecipe.com/images/fc31rice5.jpg
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