Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Tea small holders in Sri Lanka to get Rs. 5,000 allowance from today
Sat, Jan 11, 2014, 12:13 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 11, Colombo: The Sri Lankan government in this year's budget has taken measures to encourage the tea small holders to improve the condition of their tea lands to boost production.

Accordingly an additional once a year subsidy of Rs. 5000 per acre has been proposed in the budget for small scale tea estate owners for water and soil preservation and tea replanting.

The additional allowance will be presented from today to nearly 400,000 small tea estate owners in the country and the first round will be held today at Morawaka, Nagoda and at Rubber Research Institute in Agalawatta.

The presentation of allowance to small scale tea estate owners in the Kandy district will be held on the 17th of this month.

According to the Minister of Plantation Industries Mahinda Samarasinghe there are around 400,000 tea small holders in Sri Lanka who account for 76 percent of tea production. Most tea smallholders have less than one hectare each.

The Ministry in collaboration with the Bank of Ceylon has also launched a program to provide loans ranging from Rs.300,000 to Rs.500,000 at a 16 percent interest rate.

ColomboPage - Recent 10 Stories
Sri Lanka to create a mechanism to promote coexistence among communities
-- [16 minutes ago]
Sri Lankan government does not endorse the views of the extremist Buddhist group - Minister
-- [1 hour and 13 minutes ago]
Rights of children are adequately protected in Sri Lanka - President
-- [1 hour and 38 minutes ago]
Two Pakistan naval ships arrive in Sri Lanka on a goodwill visit
-- [2 hours ago]
Sri Lanka cabinet approves establishing a Centre of Excellence on Ocean Sciences
-- [8 hours ago]
Sri Lanka's Hatton National Bank acquires 51 percent stake of micro finance company
-- [8 hours ago]
Indian Coast Guard arrests 12 Sri Lankan fishermen
-- [9 hours ago]
Sri Lanka has fulfilled most of its responsibilities towards country's children - President
-- [9 hours ago]
Sri Lanka best place in South Asia for old people
US$ 70 million French aid to Sri Lanka for water supply system improvement and energy saving project

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.