Chemical fertiliser ban incurs Rs. 245 bn loss: Professor

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By: Isuru Parakrama

Colombo (LNW): The ban imposed on the use of chemical fertiliser and agro-chemicals by the previous Gotabaya Rajapaksa regime incurred a loss of over Rs. 245 billion within 2022 alone, disclosed Prof. Wasantha Athukorala of the Economics Unit of the University of Peradeniya.

The loss incurred due to the decline in the production of paddy and tea triggered by the fertiliser ban and in the backdrop every farmer has to suffer a loss of about Rs. 100,000, he added citing findings of a special study into the matter.

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