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's migrant workers' organization pledges support to opposition candidate
-- [8 hours ago]
Sri Lanka ruling party supporters attack UNP rally in Haputale
Landslide warning issued for 4 districts in Sri Lanka
Sri Lankan President says common opposition candidate copied his budget proposals
Two Russian naval ships arrive at Sri Lanka port
Heavy rains in Sri Lanka cause havoc with floods
India to export two warships to Sri Lanka
Sri Lanka Election Commissioner asks employers to grant leave for workers to vote
International Gem, Mineral & Jewellery trade show opens in Sri Lanka
Sri Lanka Police to investigate ruling party minister taking suspects of arson attack away from police custody

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.