PMB ordered to issue 10,000 MT of rice monthly

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Minister of Agriculture Mahinda Amaraweera has instructed Paddy Marketing Board (PMB) to release 10,000 MT of rice to the market monthly to overcome any shortages in the market and to control the rice prices, under the label of ‘PMB Rice’.

Accordingly, rice stocks will be released in 5 and 10 kg bags.

Amaraweera gave these instructions to the PMB officials at a meeting held at the Ministry…

… premises yesterday(16) with regard to the issues such as the release of rice stocks by the PMB and the purchase of paddy stocks from the Yala Season.

The officials told Amaraweera that the PMB issued 1,500 MT of rice to the market last week but a collective decision was taken to release 10,000 MT to manage the aforesaid issues.

By Nirmani Guneratne