Area
Sri Lanka
Commodity Group
Rice
Commodity
All
Date
23/07/2015
Policy Category
Production
Policy Instrument
Government procurement
Description
Announced that it had allocated LKR 6 billion (USD 42 million) to purchase 120 000 tonnes of paddy from the 2015 Yala harvest. Under the procurement programme, farmers will receive Rupees 50 per kilo of Samba paddy (USD 352 per tonne) and Rupees 45 per kilo (USD 317 per tonne) of Nadu paddy sold to the Paddy Marketing Board.
Notes
Exchange rate as of 15 September 2015.
