Feb 21, Colombo: The Sri Lankan government has allocated Rs.1 billion to purchase paddy from farmers from the Maha harvest.
The monies have been allocated through the Cooperatives and Internal Trade Ministry to commence purchasing paddy from now on.
Cooperatives and Internal Trade Minister Johnston Fernando has said that the monies would be utilized to purchase a kilo of Samba paddy at Rs. 30 and Nadu paddy at Rs. 28 from the farmers.
Farmers in some areas in the Polonnaruwa and Matale districts have already commenced harvesting paddy for the Maha harvest.