Aug 16, Colombo: Minister of Agriculture and Minister of Wildlife and Forest Resources Conservation Mahinda Amaraweera has presented cabinet paper to the cabinet of Ministers yesterday (15) to provide a higher price for paddy to the rice farmers.
Accordingly, the Minister of Agriculture announced in a press conference today (16) that on the advice of the sub-committee appointed by the Paddy Marketing Board (PMB) for the purchase of paddy harvest, the Cabinet approved the purchase of paddy from tomorrow (17).
Accordingly, the PMB will commence purchasing Yala season paddy harvest from tomorrow (17th).
Under this, arrangements have been made to buy a kilo of Nadu paddy at Rs.120, a kilo of Samba at Rs.125, and a kilo of Keeri Samba at Rs.130.
Farmers are complaining that the price of a kilo of paddy in the market has decreased by more than Rs.90.
Considering that fact, the Paddy Marketing Board will intervene to provide the maximum price to the farmers’ paddy harvest, and under the first phase, Rs. 2 billion will be allocated to purchase 30,000 metric tons of paddy.
The Minister said this step was taken to prevent rice millers from buying paddy from farmers at low prices. He added that the government is ready to intervene and buy more paddy if needed.
The Minister noted that between January and July of 2022, more than 500,000 MT of rice has been imported.
Currently there is no shortage of rice in the country. The minister also said that since there is a stock of imported rice as well as paddy harvest in the spring season, a shortage of rice is likely to occur at the end of December, and therefore the government has decided to maintain a rice reserve.
Also, arrangements have been made to prepare the rice from the paddy purchased by the Paddy Marketing Board and sell it at a minimum price.
Accordingly, from today (16) every kilo of rice sold by the Paddy Marketing Board will be reduced by Rs. 5, and if it is necessary steps will be taken to further reduce the price of rice considering the market situation, the Minister said.
Neil De Alvis, Chairman of the Paddy Marketing Board, and Duminda Priyadarshana, Vice Chairman participated in this event.
From tomorrow (17), Nadu paddy will be bought at 120 rupees, samba paddy at 125 rupees and Keeri samba paddy at 130 rupees, says the Ministry of Agriculture.
Accordingly, the Minister of Agriculture announced today (16) that on the advice of the sub-committee appointed by the Rice Marketing Board for the purchase of paddy harvest, the Cabinet approved the purchase of paddy from tomorrow (17).