50,000 tons of rice to be imported via Indian credit line

The Government has decided to import 50,000 metric tons of rice under the Indian line of credit.

It was decided at a discussion held at the Prime Minister’s Office yesterday to allocate the necessary funds for this purpose to the State Trading Corporation under the Indian credit line.

This is expected to avert a possible rice shortage in the future and to curb the abnormal rise in rice prices.

Trade, Commerce and Food Security Minister Nalin Fernando, Parliamentarian Nimal Lansa, Former Minister Sagala Ratnayake, Secretary to the Prime Minister Saman Ekanayake and other public and private sector officials were present at the discussion held at the Prime Minister’s Office on the Indian loan assistance program.