The Ministry of Commerce organized a virtual coordination meeting over rice purchasing for 2020-2021FY yesterday.
During the meeting, Union Minister Dr Pwint San discussed the paddy purchasing processes based on annual reference prices for paddy, set of the reference price for 100 baskets of paddy at K520,000 this year, purchase of more than 290,000 baskets of monsoon paddy in Yangon and Ayeyawady Regions in the last October and November and further work plans of paddy and rice purchasing supervisory committees of regions and states for summer paddy. Then, the attendees to the meeting coordinated the discussion regarding the streamlined processes in purchasing rice and paddy, effective costs for farmers and other plans according to the Law of Protection of the Farmer Rights and Enhancement of their Benefits. The Union Minister instructed the necessary things and concluded the meeting.—MNA
