Ulundu mafia exposed

Ulundu mafia exposed

The ever-famous Ulundu Wade is reaching the LKR 300.00 rank and it’s becoming priced out for many.

Tamil National Alliance parliamentarian Opposition Chanakyan Rasamanikkam said that the Uluudu mafia has emerged, and as a result, prices are skyrocketing.

He pointed out that protectionist taxes have paved the way to creating this mafia.

“There is no permission to import ulundu or green gram,” opposition Chanakyan Rasamanikkam told parliament.

According to Chanakyan Rasamanikkam, taxes and import restrictions have given way to the underpayment, invoicing, and corruption of customs authorities.

“Today, a kilogram of ulundu is about 1,500 rupees. Ulundu can be bought from India for the equivalent of 200 Sri Lanka rupees. When you tax it can be sold for 400 to 450 rupees. The freight cost is about 10 rupees. So for 600 or 650 rupees or even less, you could have a kilogram of Ulundu. Due to the 1,500 price, there is a large mafia pointed out Chanakyan Rasamanikkam.

“If you look at people who eat ulundu, it is in the north and East and Tamil people live in estate areas. All over the country, some people eat ulundu and green gram. By blocking the import of these cereals, a mafia has arisen.”

Global trend :
The global ulundu market is expected to reach USD 3.2 billion by 2027, growing at 6.4% from 2022 to 2027. The market is driven by several factors, including the increasing demand for plant-based proteins, the rising popularity of vegan and vegetarian diets, and the growing awareness of the health benefits of ulundu.It is unfortunate that Sri Lanka is not looking forward to capitalise on this market trend.RI lANKA

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