50,000MT of rice from India to avert rice shortage

50,000 MT of rice from India to avert rice shortage

by Amani Nilar 16-06-2022 | 6:28 PM

COLOMBO (News 1st); The Government has decided to import 50,000 metric tons of rice under the Indian loan assistance program, states the Prime Minister's Office. 

It was decided at a discussion held at the Prime Minister's Office today (16) to allocate the necessary funds for this purpose to the State Trading Corporation under the Indian Loan Assistance Program.

This step is expected to avert a possible rice shortage in the future and to curb the abnormal rise in rice prices.