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::

* Rs. 4 billion allocated for agricultural loans to Sri Lankan farmers
Sat, Jul 12, 2014, 09:38 am SL Time, ColomboPage News Desk, Sri Lanka.

July 12, Colombo: Sri Lankan President Mahinda Rajapaksa has decided to increase the amount allocated for agricultural loans for the farmers up to Rs. 4 billion.

President Rajapaksa has made this decision at a meeting held in the Presidential Secretariat on Friday in response to a request made by farmer organizations.

Accordingly, the funds will be released to the relevant banks to issue loans to the farmers.

The meeting was called to obtain views and ideas from farmer organizations and trade union representatives to prepare the next year budget proposals.

Addressing the representatives, the President said the government policy is to upgrade the living conditions of local farmers and to strengthen their income and his government has taken measures to rejuvenate the local agriculture sector.

The President, focusing his attention on the problems of the drought stricken farmers in the dry zone, has instructed the officials to expedite the provision of government relief to the affected people in the Anuradhapura and Polonnaruwa Districts.

Among other issues discussed in depth were, the provision of fertilizer subsidy and seeds, and safeguarding the producers from higher taxes during the harvesting periods.

The President has also instructed the officials to take measures to eliminate illegal constructions in reserves of irrigational tanks.

(Photos by Sudath Silva)

ColomboPage - Recent 10 Stories
Tamil party leader says Tamils should vote at Sri Lanka presidential election
-- [7 hours ago]
Top cabinet minister in Sri Lanka decides to support common candidate
-- [8 hours ago]
New British High Commissioner to Sri Lanka from April
-- [8 hours ago]
Sri Lanka Tamil leader to support Common Candidate
Sri Lanka opposition leaders to address business community tomorrow
Sri Lankan maid in Saudi commits suicide
Sri Lanka's migrant workers' organization pledges support to opposition candidate
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

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.