Home / Agriculture/ Govt. assures sufficient rice stocks

Govt. assures sufficient rice stocks

Comments / {{hitsCtrl.values.hits}} Views / Wednesday, 29 November 2017 00:00

By AshwinHemmathagama – Our Lobby Correspondent

The Government is assuring sufficient supply of rice during the coming months, despite post-harvest problems, the poor yield due to drought, and the floods experienced in most parts of the island.

Minister of Rural Economic AffairsP. Harrison explaining State readiness to keep the rice prices within public reach and affordabilitysaid: “Preventing a possible increase in the price of rice is a difficult task. Droughts and floods have destroyed the harvest for four consecutive seasons. But with the buffer stocks in hand and also by importing rice to meet any possible shortage, the Government is ready to solve the demand and supply issues.”

Since 2010, private sector rice millers and certain purchasers have been issued paddy stocks and the selling prices were verified by the Government following a long procedure. Making matters short and effective, the Government has given priority to sell rice through Sathosa outlets. 

“The Paddy Marketing Board maintains an average buffer-stock of paddy not exceeding 50,000MT. Based on the price fluctuations, supplies, and market conditions the buffer stock quantities could vary from time to time,” he said. 

Share This Article


1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.


Today's Columnists

Hype and haunt hovering over Gotabaya Rajapaksa

Thursday, 24 May 2018

There is a connection between the hype that is being built these days around Gotabaya Rajapaksa, former Defence Secretary and once-powerful brother of the once-powerful President, and the haunt that shadows him wherever he goes. The hype is loud and

Northern nonsense, SLPP slip-up

Thursday, 24 May 2018

The Tamil politicians and civil society movements are about to blow it—yet again. A week after the TNA’s Wigneswaran, Chief Minister of the Northern Provincial Council, presiding over a militant mobilisation at Mullivaikkal, greatly exceeded the

Overlooking systemic crises: Subjecting to neoliberalism and potential hegemon – Part 3

Wednesday, 23 May 2018

Renegotiating a country’s position within the world-economy is only possible when the system and/or leaders are in trouble

Annuity-based PPP can expedite infrastructure developments

Tuesday, 22 May 2018

Sri Lanka has primarily relied on public finance for the development of public goods and infrastructure. While running

Columnists More