Area
Sri Lanka
Commodity Group
Rice
Commodity
All
Date
15/07/2020
Policy Category
Production
Policy Instrument
Government procurement, support prices
Description
Approved the government purchase programme for the 2020 Yala crop. Under the drive, producers would receive a uniform certified price of LKR 50 per kg (USD 269 per tonne) of Samba or Nadu paddy sold to the Paddy Marketing Board. This compares with the LKR 41 and 43 per kg (USD 221231 per tonne) respectively paid for Nadu and Samba paddy during the 2019 Yala purchase drive.
Notes
Exchange rate as of 15 October 2020.
