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
Proposal to set up 60 mini theaters in 30 towns in Sri Lanka
-- [4 hours ago]
Sri Lanka to raise import taxes on cars and mobile phones - report
-- [5 hours ago]
Sri Lanka Army to open third wellness resort for handicapped soldiers in Kurunegala
Prime Minister to table a bill in parliament on the conduct of Sri Lanka's Buddhist monks
Sri Lanka's Speaker asked to hold formal inquiry into the attack on main opposition MPs
High-powered Pakistan defense delegation to visit Sri Lanka
Sri Lanka seeks assistance from diplomatic community to nab overseas LTTE leaders
No room for any injustice to any community in Sri Lanka, President assures
Presidential Commission probing disappearances in Sri Lanka receives complaints on ruling party Tamil politicians
Sri Lankan government considers a limit on duration of visa for foreign journalists

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.