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Cabinet to implement Paddy Purchase Program for Maha Season

25 Jan 2022

The Cabinet Ministers have planned to implement the Government Paddy Purchase Program during the 2021/2022 Maha Season with the objective of providing a fair price for the paddy harvest of the farmers and maintaining a secure paddy reserve by the Government, taking into consideration the proposals made by the Minister of Agriculture. This decision was made during the cabinet meeting which was held yesterday (24). The decision taken by the cabinet ministers is as follows: i. Purchase of Paddy by the Paddy Marketing Board at competitive prices with the Private Sector under the Government Paddy Purchase Program for the Maha Season 2021/2022. ii. In case of a reduction in the paddy harvest in the 2021/2022 Maha season, to provide a compensation of Rs. 25 per 1 kg of paddy to secure the income level of the paddy farmers affected due to this. Additionally, the cabinet decision media release statement mentioned that the purchase of the paddy harvest is done directly by the Paddy Marketing Board and by the District Secretaries / Government Agents through the small and medium scale paddy mill owners, and that the required allocation of Rs.29,805 million will be secured through state banks.


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