Expand Lak Sathosa Retail Network
Budget Speech para. 390: "Lak Sathosa plays a pivotal role in ensuring price stability for essential commodities. As such, I propose to expand the retail outlet network by establishing 100 new outlets island wide for which I propose to infuse Rs. 5 million per outlet and allocate Rs. 500 million. To further expand the Lak Sathosa activities and facilitate their reach towards the most vulnerable in society, I propose to have 8,000 Lak Sathosa franchise shops, to sell 25 essential commodities supplied by Lak Sathosa, to be sold at prescribed prices. To support this venture, government will pay Rs. 10,000 per month per outlet. Similarly, Osu Sala franchise will also be given Rs. 2,500 per month per outlet to 1,000 outlets. As such, I propose to allocate Rs. 1,000 million for this purpose."
- Allocation (Rs. Mn) : 1,500
- Sector : Industry & Commerce
- Ministry / Government Institution : Ministry of Industry and Commerce
Openness Tracker Responsive
Progress information was provided by the National Budget Department.
Progress Tracker Partial
According to information provided by the Department of National Budget, Rs. 842 Mn has been spent on expanding Lak Sathosa Outlets. However, it is not clear if the spending is for the promise, or for regular Lak Sathosa expansion activities.
Sources of Information