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Press briefing of Cabinet Decision taken on 2015-06-24
Introduction of a new methodology for the Implementation of the Guaranteed Price Scheme for the Natural Raw Rubber produced by Rubber Smallholders

- Taking into consideration the shortcomings and the delays identified in the implementation of this programme, the proposal made by Hon. Lakshman Kiriella, the Minister of Plantation Industries, to implement the guaranteed price mechanism through the registered rubber dealers, enabling the Rubber Smallholders to receive the guaranteed price at the time of selling their rubber, and to obtain a sum of Rs.2,063 million, required for the implementation of this programme till the end of September this year, from the General Treasury, was approved by the Cabinet.