Agriculture Ministry says adequate paddy stocks available
October 29, 2022 12:59 pm
The Ministry of Agriculture, allaying the fears over a shortage of rice in the country, says that there are adequate stocks of paddy at the moment.
The Paddy Marketing Board (PMB) is currently in possession of 7,070 metric tons of paddy, according to the ministry.
The ministry stated that it would take into account the price fluctuation in the market and convert these paddy stocks to rice to prevent exorbitant price increases.
Rice consignments imported and received as donations helped control the price increase in the market, the ministry added.
Among these stocks is a donation of 1,000 metric tons of rice from Myanmar. In addition, another 5,000 and 10,000 metric tons of rice from the World Bank-funded program are also available at the warehouses of the Food Commissioner’s Department.
