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Politics

Govt to release rice processed from paddy purchased by Paddy Marketing Board

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The Government has decided to release rice to the market after processing paddy stocks purchased by the Paddy Marketing Board (PMB) during the last Yala cultivation season.

Accordingly, paddy stocks bought by the PMB using approximately Rs. 6,000 million allocated under the 2025 Budget are currently stored in PMB-owned warehouses. These stocks will be milled into rice through paddy mill owners registered with the Paddy Marketing Board.

The processed rice will be distributed to the market through the Lak Sathosa network and cooperative outlets with the aim of ensuring an uninterrupted rice supply throughout 2025.

Cabinet approval has been granted for a joint proposal submitted by the Minister of Agriculture, Livestock, Lands and Irrigation and the Minister of Trade, Commerce, Food Security and Cooperative Development to take the necessary steps to implement this measure and stabilize rice availability in the market.

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