* All rice mill owners agree to purchase paddy stocks at government guaranteed prices
Thu, Jul 22, 2021, 12:49 am SL Time, ColomboPage News Desk, Sri Lanka.
July 21, Colombo: For the first time in history, the Ministry of Agriculture and the Ministry of Trade held a discussion with the owners of large and small scale rice mills at the Ministry of Agriculture today (21) regarding the purchase of paddy.
At the discussion held today under the patronage of Trade Minister Bandula Gunawardena and Agriculture Minister Mahindananda Aluthgamage, the rice mill owners have agreed to purchase paddy stocks at government guaranteed prices.
After President Gotabaya Rajapaksa came to power, steps were taken to increase the government guaranteed price for paddy.
The government has decided to purchase Nadu and raw paddy at Rs. 50 per kilo, Samba paddy at Rs. 52 per kilo, Kiri Samba paddy at Rs. 55 per kilo and wet paddy at Rs. 42 per kilo from this harvest season.
In previous years, the purchase of paddy from farmers at high prices resulted in the owners of rice mills taking action to increase the price of rice and the consumers became helpless.
“It is a great achievement for the farmers as well as the consumers that the owners of large scale rice mills and small scale rice mills have agreed to purchase paddy at a fixed price from the government to control this situation,” Minister Aluthgamage said.
This decision will enable the farming community to receive a guaranteed price in the future while consumers will be able to purchase rice at a concessionary price, he added.
The Ministers emphasized that the stockpiling of paddy stocks carried out by third parties other than farmers and paddy mill owners for the purpose of making extraordinary profits in the market should be prohibited and if the intermediaries stockpile stocks of paddy on the basis of profit, all hoarded stocks will be taken over by the Government.