Increase in rice production:
Growing demand for rice based products
Paddy production in the country will increase substantially once
paddy production in North and East is added to the main stream, Central
Bank Deputy Governor K.G.D.D Dheerasinghe said.
Speaking at a workshop on promoting rice flour based bakery products
yesterday, he said paddy lands in the country have increased by 24
percent since the establishment of peace which has resulted in increased
paddy production. Dheerasinghe said the excess rice production needs to
be diverted to produce other value added rice base products to maintain
market stability for paddy with a remunerative price for farmers.
He said the agriculture sector is more important for the country to
move forward. However the agriculture sector in the country has
increased only by 10 percent in 2010.
“Rice based products are healthier and will bring a number of
benefits to the country. The products in term of taste and nutritious
value contribute to the healthy life of the people. The demand for rice
flour based products is growing rapidly in the local market,” he said.
The Central Bank of Sri Lanka (CBSL) under its Viskam loan scheme has
facilitated to setup two rice flour based bakeries to increase rice
flour based bakery products.
The price of rice flour is now cheaper than wheat flour by Rs 10.
Bakery owners from various parts of the country have requested to
train their staff to produce high quality rice flour based bakery
products in the future.