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::

* Sri Lanka streamlines distribution of fertilizer to farmers
Sat, Jan 11, 2014, 09:19 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 11, Colombo: The Sri Lankan government has decided to implement a program to streamline the distribution of fertilizer to the farmers in order to ensure that farmers receive adequate amount of fertilizer at the government's subsidized price.

Under the program, the government will establish a Fertilizer Distribution Centre and a Fertilizer Warehouse for all 554 Agrarian Service Centers in the island.

Ultimate target of the program is to convert all Agrarian Service Centers into centers where farmers are able receive all their services and materials under one roof, the Finance and Planning Ministry said.

The Ministry, at a recent discussion chaired by Secretary to the Treasury Dr. P.B. Jayasundera, with the participation of officials of the Ministry of Agriculture and representatives of the state-owned fertilizer companies, has issued the instructions to launch the program.

The Treasury Secretary has instructed the relevant officers to increase the government contribution in the distribution of fertilizer in the local market up to 40 percent in order to ensure that fertilizer subsidy is granted to farmers without a shortage.

According to the Finance Ministry, approximately, 750,000 metric tons of fertilizers are imported to Sri Lanka per year at a cost of over Rs. 50 billion.

Under the government's fertilizer subsidy programme a 50 kg bag of fertilizer is supplied to farmers at Rs. 350 for paddy cultivation and at Rs. 1250 for all other crops.

The government has continued the subsidy for 9 years and paid the fertilizer importers Rs. 6.6 trillion (approximately US$ 50 billion) over the duration of the program.

The Ministry says the fertilizer subsidy granted by the government has resulted in motivating the farmers into farming and encouraging them to generate higher income through farming and the government expects to continue supplying the fertilizer at subsidized prices without a shortage in the future.

ColomboPage - Recent 10 Stories
Sri Lanka hopes for better relations with new UNHRC Chief
-- [4 hours ago]
Bank of Ceylon extends anti-money laundering contract with Callcredit Group
-- [5 hours ago]
The best we can give our children is education - Sri Lankan President
-- [5 hours ago]
Sri Lankan court allows deportation of Pakistani asylum seekers
-- [7 hours ago]
Sri Lanka state hospitals back to normal as the supplementary staff ends the strike
-- [8 hours ago]
Plans underway to give Sri Lanka's phosphate deposit to China, civil society movement charges
-- [8 hours ago]
Sri Lanka's veteran trade union leader Bala Tampoe passes away
-- [9 hours ago]
UK has provided 3.5 million pounds for Sri Lanka's demining program
-- [9 hours ago]
Chinese national arrested at Sri Lanka airport trying to smuggle Wallapatta
UNP Chief ministerial candidate says meeting with President's son accidental

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.