Press briefing of Cabinet Decision taken on 2011-08-03

Raising Funds by Milling the Paddy Stock of the Paddy Marketing Board and to Stabilize the Price of Rice in order to Maintain Price of the Paddy in 2011 Yala Season in the Market without Fluctuation

- The Cabinet observed that there is a Revolving Fund of Rs.5.5 billion for the purpose of purchasing paddy from farmers and it was decided to commence purchasing of paddy with immediate effect in all districts where Yala Crop is being harvested, utilizing the available balance of the Revolving Fund.