Govt. allocates Rs.10,400 Mn to purchase paddy during Yala season

27 July 2020 06:06 pm - 1     - {{hitsCtrl.values.hits}}

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The Treasury has provided funds up to Rs.10,400 million to purchase paddy during Yala season at the price of Rs. 50 per kilo, the Finance Ministry said.

In a statement, it said under the first phase, the government expects to purchase 200,000 MTs of paddy.

"The Treasury has already taken steps to release funds up to Rs.10,400 million to the Paddy Marketing Board through state banks. In line with the President's manifesto, paddy was purchased at a price of Rs.50 per kilo during the last Maha season as well," it said.

The ministry said a kilo of Nadu paddy was bought for Rs.38 while a kilo of samba paddy was bought for Rs.41 in the previous years. “With the government's decision to purchase paddy for Rs.50 per kilo, the farmers will be able to sell their entire harvest," it said.

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See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

 
  • johan Monday, 27 July 2020 08:15 PM

    These are only news. Individually we have to interview the farmers and see whether these are practically happening.Yala season is after the elections


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