Wednesday Feb 12, 2025
Saturday, 7 July 2012 00:11 - - {{hitsCtrl.values.hits}}
On a proposal made by President Mahinda Rajapaksa, in his capacity as the Minister of Finance and Planning, Cabinet has approved Rs. 1.34 billion for the purchase of paddy during the Maha season 2011/2012. The move was on account of the increase in the produ-ction of paddy, particularly in the Districts of Vavuniya, Polonnaruwa and Mullaitivu and more funds had to be provided to the District Secretaries for the purchase of paddy.
The Government said paddy production in the Maha season 2011/2012 has increased by 33% and the approved amount of advance from the revolving fund for purchase and sale of agri products, which is operated under the Dept. of Treasury operation, allocated to the District Secretaries, which was Rs. 1 billion in the previous year, has now been increased by Rs 325 million up to Rs. 1.34 billion.
Cabinet approval was granted for the increased amounts released to the District Secretaries and further approval was also granted to increase the limit of advance to the Paddy Marketing Board from Rs 1.9 billion to Rs. 2 billion and to increase the pledge loan limit granted by People’s Bank up to Rs. 16 billion and that of the Bank of Ceylon up to Rs. 2.6 billion.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.