Sri Lanka, Feb. 10 -- As per the decision of the Cabinet, the Government has prepared an arrangement for purchasing paddy from farmers in the 2023/24 Maha Season. Accordingly, it was decided to purchase paddy by providing loans to the three sectors of small-and medium-scale paddy mill owners, paddy storage owners and paddy collectors on a concessionary interest basis by public and private banks.

In the implementation of the paddy purchase programme by these three sectors, the said departments will purchase paddy under the minimum purchase prices for paddy presented by the Agriculture Department.

Thus, the Agriculture Department has presented the minimum purchase prices for paddy for this paddy purchasing programme which is being implement...