July 07, Colombo: Sri Lanka's fishing industry is progressing satisfactorily under the initiatives of the Divi Neguma programme, the Fisheries and Aquatic Resources Minister Dr. Rajitha Senaratne said.
He said that drying of fish and the processing of Maldives fish are being carried out successfully under the initiatives of the Divi Neguma programme.
Due to the success of the program, fish imports to the country have declined by 19 percent while fish exports have increased by 29 percent.
Imports of Maldive fish had fallen and the price of a kilo of Maldive fish has dropped to Rs. 1,200 from an earlier price of Rs. 2,000, the Minister has said.
However at present a minor price increase is witnessed in the fish market mainly due to the off season of fishing, the Minister has noted.