Thursday May 28, 2026
Thursday May 28, 2026
Wednesday, 27 May 2026 00:05 - - {{hitsCtrl.values.hits}}
The Cabinet of Ministers has approved the sale of paddy stocks currently held by the Paddy Marketing Board as the Government seeks to create storage capacity and raise funds ahead of the upcoming Yala cultivation season.
The approval was granted following a proposal submitted by Minister of Agriculture, Livestock, Lands and Irrigation K.D. Lal Kantha.
According to the Department of Government Information, the Paddy Marketing Board currently holds nearly 115,000 metric tons of paddy purchased from farmers and stored in warehouses across the country.
The Government said the decision was aimed at freeing warehouse capacity and generating liquidity to facilitate fresh paddy purchases from farmers during the Yala season.
The sale of the paddy stocks is expected to be carried out through a formal tender process in line with Cabinet approval.
