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Sri Lanka announces fertilizer subsidies for tea and rice farmers ahead of polls

ECONOMYNEXT – Sri Lanka’s State Fertilizer Company will give upto a 30,000 rupee fertilizer subsidy to small rice farmers for the current Maha season, Cabinet spokesman Bandula Gunawardana said.

The subsidy will be given at the rate of 15,000 rupees per hectare, for 2 hectares at max.

The cost of the subsidy was not in the cabinet paper he said.

It is not clear how the subsidy will be funded. (Colombo/Aug22/2024)

https://economynext.com/sri-lanka-announces-fertilizer-subsidies-for-tea-and-rice-farmers-ahead-of-polls-177713/ QR Code

Published Date: August 22, 2024

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