AreaSri Lanka

Commodity GroupRice

CommodityAll

Date14/02/2023

Policy CategoryProduction

Policy InstrumentProduction support, government procurement

DescriptionIssued instructions detailing its domestic procurement plan for the 2023/24 Maha harvest. The purchase drive would be conducted through District Secretaries, with purchased volumes consisting solely of Nadu paddy. Prices under the scheme would be set at LKR 100 per kg (USD 317 per tonne) for supplies with a maximum moisture content of 14 percent and a maximum spoil paddy content of 9 percent, or at LKR 88 per kg (USD 279 per tonne) should their moisture content exceed 14 percent, with a maximum spoil paddy content of 22 percent. Volumes bought from individual farmers would range from 2–5 tonnes depending on the extension of land they cultivate.

NotesExchange rate as of 15 May 2023.