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May 12, 2024 7:20 pm

Agriculture

President Wickremesinghe Authorizes Rs. 500 Million for Paddy Purchase

In a move to bolster support for the agricultural sector, President Ranil Wickremesinghe has authorized the prompt allocation of Rs. 500 million for the procurement of paddy, as confirmed by Minister of Agriculture Mahinda Amaraweera. The announcement, made by Minister Amaraweera, signifies a proactive measure by the government to address the concerns and needs of…

ByReporter BirdMarch 14, 20240Comments

Sri Lanka Cabinet Approves Food Imports to Combat Price Hikes and Shortages

In a bid to stabilize prices and address shortages, the Sri Lankan Cabinet has approved the import of key food items including maize, eggs, and rice. This move aims to alleviate pressure on consumers facing rising living costs. Fueling Poultry Production: To ensure sufficient poultry feed and prevent disruptions in egg production, the government has…

ByReporter BirdDecember 19, 20230Comments

Agriculture Business Foreign Affairs Sri lanka News

SL lost $6.9mn in a Fertilizer Scandal

COLOMBO, Sri Lanka (News Cutter) —Sri Lanka lost $6.9 million in bio-fertilizer after a Chinese company rejected a stock in 2021. The country paid $6.9 million as compensation to China's Qingdao Seawin Biotech Group Ltd after plant quarantine authorities rejected the stock. The Auditor General's report, submitted to the Committee on Public Enterprises…

ByadminNovember 6, 20230Comments

Agriculture Business Sri lanka News

700,000kg Paddy Stocks Dissappear in Kurunegala

KURUNEGALA, Sri Lanka (News Cutter) —Two officers from the Paddy Marketing Board (PMB) have been interdicted over the disappearance of nearly 700,000 kg of paddy stocks worth around Rs. 65-70 million. The stocks were reported missing from two government-owned stores in Kurunegala. The Minister of Agriculture has called for a report.

ByadminOctober 31, 20230Comments

Agriculture Sri lanka News

Controlled Price to be Imposed on Fertilizers?

COLOMBO, Sri Lanka (News Cutter) —The government is considering imposing a control price for fertilizers due to higher rates being sold to farmers. However, no final decision has been reached yet. The final decision will be made after investigating studies and reports. President Ranil Wickremesinghe has proposed the establishment of a Modern Agriculture…

ByadminOctober 30, 20230Comments

Agriculture Latest News Sri lanka News

Special Commodity Levy on Potatoes Extended for Four Months

COLOMBO, Sri Lanka (News Cutter) — The Special Commodity Levy on imported potatoes will remain in effect for an additional four months starting from September 8, 2023. The Ministry of Finance increased the levy by Rs. 30 per kilogram for six months, resulting in a new levy of Rs. 50 per kilogram. President Ranil…

ByadminSeptember 11, 20230Comments

Agriculture Economy Finance Sri lanka News

Loan for Small and Medium Scale Mill Owners launched

COLOMBO, Sri Lanka (News Cutter) — The Finance Ministry of Sri Lanka is launching a 'Pledge Loan Scheme' for small and medium-scale paddy mill owners to purchase paddy for the Yala season. The scheme, introduced under concessional interest rates, aims to maintain a reasonable price for farmers and strengthen small and medium-scale enterprises (SMEs). The…

ByadminSeptember 3, 20230Comments

Agriculture Sri lanka News

Agri. Minister calls for Report on Claims that Highly Hazardous Pesticides being used in SL

COLOMBO, Sri Lanka (News Cutter) — Minister of Agriculture, Mahinda Amaraweera, has requested an immediate report from the Agriculture Ministry Secretary regarding the alleged use of internationally banned pesticides. The Centre for Environmental Justice has revealed that around 40 types of highly hazardous pesticides are currently being used in Sri Lanka. The Registrar…

ByadminAugust 29, 20230Comments

Agriculture Economy Sri lanka News

Import Tax on Maize Reduced

COLOMBO, Sri Lanka (News Cutter) — The Government has reduced the Import Levy, says state Minister Ranjith Siyambalapitiya. Import levy imposed on Maize reduced from Rs.75 to Rs.25 per kg.

ByadminAugust 18, 20230Comments

Agriculture Sri lanka News

FAO Delivers 8,360 tonnes of Urea Fertilizer to Maha Cropping Season

COLOMBO, Sri Lanka (News Cutter) —The Food and Agriculture Organization (FAO) has delivered 8,360 tonnes of urea fertilizer to Sri Lanka's Ministry of Agriculture for distribution during the Maha cropping season. The aid, funded by the Japanese government, will benefit over 228,000 smallholder paddy farmers in dry and intermediate zones of the country. …

ByadminAugust 8, 20230Comments

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Agriculture

President Wickremesinghe Authorizes Rs. 500 Million for Paddy Purchase

Sri Lanka Cabinet Approves Food Imports to Combat Price Hikes and Shortages

SL lost $6.9mn in a Fertilizer Scandal

700,000kg Paddy Stocks Dissappear in Kurunegala

Controlled Price to be Imposed on Fertilizers?

Special Commodity Levy on Potatoes Extended for Four Months

Loan for Small and Medium Scale Mill Owners launched

Agri. Minister calls for Report on Claims that Highly Hazardous Pesticides being used in SL

Import Tax on Maize Reduced

FAO Delivers 8,360 tonnes of Urea Fertilizer to Maha Cropping Season

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