Government decides to purchase a kilo of paddy at a guaranteed price of Rs 50

(COLOMBO, LANKAPUVATH) – The government has taken steps to purchase paddy at a minimum guaranteed price of Rs. 50 per kilo for the Maha season, co-cabinet spokesman, Minister Bandula Gunawardena said.

Speaking at the weekly cabinet media briefing Minister Gunawardena said the Cabinet of Ministers has approved the purchase of a kilogram of paddy that is up to accepted quality standards at a price of Rs.50. A kilogram of moist paddy that is below quality standards will be purchased at Rs.45.

The paddy will be purchased at a price of Rs. 50 per kilo through the Paddy Marketing Board and Government Agents.

The relevant Cabinet paper presented by the Agriculture Minister Chamal Rajapaksa to the Cabinet of Ministers was approved by the Cabinet.

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