📈 Cabinet Approves Sale of 115,000 MT Paddy Stocks Ahead of Yala Season

The Cabinet of Ministers has approved the sale of nearly 115,000 metric tons (MT) of paddy currently held by the Paddy Marketing Board (PMB) across national warehouses. • Overall Strategy: The move, proposed by Minister of Agriculture K.D. Lal Kantha, aims to free up warehouse storage capacity and generate liquidity to fund fresh paddy purchases from farmers during the upcoming Yala cultivation season. • Execution Process: The liquidation of the 115,000 MT stock will be executed through a formal, transparent tender process. • National Context: Effectively managing paddy and agricultural stocks is critical to stabilizing local rice markets, supporting rural farmers, and maintaining liquidity within the state-backed agriculture procurement network.