Cabinet decides to distribute PMB paddy stocks to Sathosa

News

The government has decided to first convert stocks of paddy purchased from farmers by Paddy Marketing Board (PMB) to rice and be continuously distributed through Sathosa outlets.

This decision was made at the Cabinet meeting held on Monday (15) as the ministers discussed the lack of adequate rice stock within the market under the controlled prices.

At the meeting ministers have discussed possible alternative measures to keep the rice prices under controlled prices, yet for the time being resorted to convert PMB’s paddy stocks to rice and to be released to the market through Sathosa. They have also planned to consider alternative measures to be taken in future according to the progress of the action taken.

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