{"id":10325,"date":"2025-01-13T05:50:16","date_gmt":"2025-01-13T05:50:16","guid":{"rendered":"https:\/\/sfmnewslk.com\/?p=10325"},"modified":"2025-01-13T05:50:17","modified_gmt":"2025-01-13T05:50:17","slug":"guaranteed-price-according-to-paddy-type","status":"publish","type":"post","link":"https:\/\/sfmnewslk.com\/?p=10325","title":{"rendered":"Guaranteed price according to paddy type"},"content":{"rendered":"\n


13 January 2025
asianewsplusone.com sfmnewslk.com<\/p>\n\n\n\n

The government has decided on a “guaranteed price” of between Rs. 105 and 130 depending on the type of paddy for the Maha season (2024\/25), according to Finance Ministry sources.<\/p>\n\n\n\n

Accordingly, a kilo of Rathu Nadu paddy will be purchased at Rs. 105, a kilo of Sudu Nadu paddy at Rs. 115, a kilo of Samba paddy at Rs. 120, and a kilo of Keeri Samba paddy at Rs. 130, the sources said. However, in many parts of the country, information has revealed that the price of a kilo of wet paddy has increased to Rs. 118 and the price of a kilo of dry Nadu paddy to Rs. 145. It is also said that the mill owners of the Maha season harvest have already started purchasing. Farmers say that a guaranteed price of at least Rs. 140 is required for a kilo of dry paddy. Small and medium-scale rice mill owners say that this is the first time in history that the government has set a guaranteed price for red and white paddy.<\/p>\n\n\n\n

Small and medium-scale rice mill owners say that by determining prices separately for white and red paddy, farmers are being encouraged to cultivate only white paddy. Government sources also say that the guaranteed price determined for paddy will be presented to the cabinet meeting tomorrow (13th) for approval.<\/p>\n\n\n\n

Meanwhile, arrangements have been made to provide loans to small and medium-scale rice mill owners and cooperative societies through private and public banks at an annual interest rate of 7 percent to purchase the paddy harvest during this Maha season, subject to a maximum of Rs. 50 million. The total loan amount to be released to banks under this loan scheme is Rs. 10,000 million, according to the Department of Development Finance. The loan disbursement is effective from the 3rd of this month until the 15th of May. The relevant loan amount must be repaid within a period of 180 days.<\/p>\n\n\n\n

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No1 News Provider in Sri Lanka asianewsplusone.com sfmnewslk.com Facebook- Asia News Plus One. https:\/\/www.facebook.com\/share\/19tPFmHx6n\/?mibextid=LQQJ4d Facebook – Sfm News https:\/\/www.facebook.com\/share\/1AyjKdxStJ\/?mibextid=LQQJ4d YouTube https:\/\/youtube.com\/@sfmnewshafaan?si=meQF8WpzaaTBgsqp<\/p>\n\n\n\n

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13 January 2025asianewsplusone.com sfmnewslk.com The government has decided on a “guaranteed price” of between Rs. 105 and 130 depending on the type of paddy for the Maha season (2024\/25), according… <\/p>\n

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