PMB in a quandary over paddy purchases

PMB in a quandary over paddy purchases

PMB in a quandary over paddy purchases

Written by Tharushan Fernando

24 Dec, 2015 | 3:15 pm

The Paddy Marketing Board says that stocks of paddy purchased by the government has piled up at storage facilities, due to the low demand for paddy.

M.B.Dissanayake, Chairman of the Paddy Marketing Board,  said that even though the government took measures to sell 265,000 metric tonnes of paddy to the private sector, only 1500 metric tonnes of paddy has been purchased so far.

Stocks of paddy which were purchased from farmers are piled up in government warehouses.

A decision was made to sell the stocks of paddy to the private sector, as there is a need to purchase more paddy stocks from farmers for the next harvesting season.

Thereby, the government reached a decision to sell a kg of Nadu rice for Rs.40  and samba for Rs.52  a kilogramme.

The Chairman of the Paddy Marketing board says that alternative methods will be employed to create interest among the businessmen to purchase the stocks of paddy.

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