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Gazette notification increasing the price of paddy will be submitted to the Cabinet tomorrow

ITN News Editor
By ITN News Editor August 12, 2019 18:58

Gazette notification increasing the price of paddy will be submitted to the Cabinet tomorrow

Minister P. Harrison has said that the Gazette notification on increasing the Guaranteed Price Scheme for paddy will be submitted to the Cabinet for approval tomorrow. The Minister said that the price of paddy was being increased after four years.
The Minister said that the paddy yield this time was less and the expected harvest was not received. The paddy harvest was obtained from cultivations done through major irrigation schemes. The cultivator did not receive a price increase for paddy for four years. For four or five years they received 38 rupees for a kilo of nadu and 41 rupees for a kilo of samba.
The Minister revealed that they had taken a decision to increase a kilo of nadu by five rupees. Hence a kilo of nadu will cost 43 rupees. A kilo of Samba which was 41 rupees will be increased to 46 rupees. Therefore there will be an increase in the price of paddy. As such the private sector will start buying paddy from farmers at a high price.

ITN News Editor
By ITN News Editor August 12, 2019 18:58