Deputy Minister of Agriculture Namal Karunaratne has announced that revised paddy prices will come into effect from the forthcoming cultivation season, providing increased returns for farmers.
He stated that while the price of Nadu paddy will remain unchanged at Rs. 120 per kilogram, the purchasing prices of other key varieties will be adjusted. Accordingly, the price of Samba paddy will be increased from Rs. 125 to Rs. 130, while Keeri Samba paddy will rise from Rs. 132 to Rs. 140.
The Deputy Minister emphasized that despite the increase in paddy prices, there will be no corresponding hike in rice prices for consumers.
Farmers will be able to sell their harvest at the revised rates from the upcoming season itself, Karunaratne added.
He further noted that although previous years had seen attempts by organized groups to manipulate the rice market during this period, steps have already been taken by the authorities to prevent such monopolistic practices and protect both farmers and consumers.
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