Joint Venture Plans for NLDB Farms Spark Controversy

Reports have surfaced detailing plans to lease all farms owned by the National Livestock Development Board (NLDB) for a joint venture involving companies from India and Sri Lanka. This venture aims to collaborate on 32,000 acres across 32 NLDB farms, currently undergoing valuation for both land and livestock.

Recent observations by representatives from India’s Amul Company at these farms have sparked discussions about the intended partnership. NLDB Chairman Prof. H.W. Cyril acknowledged that despite the NLDB and Milco’s establishment to bolster domestic animal production, anticipated progress in the sector has not materialized.

Conversely, union representatives of dairy farmers have voiced concerns and staged protests, alleging that the government intends to sell Sri Lanka’s livestock to foreign entities. This controversy has raised debates about the potential implications of involving foreign companies in the country’s agricultural landscape.

Share post:

spot_imgspot_img

Popular

More like this
Related

Sri Lanka Opens First Yuan Clearing Bank to Boost Trade with China

Sri Lanka Opens First Yuan Clearing Bank to Boost Trade with China

Opposition Leader Raises Alarm Over Reports of HSBC Operations Moving Out of Sri Lanka

Opposition Leader Raises Alarm Over Reports of HSBC Operations Moving Out of Sri Lanka

President Vows to Resist Attempts to Rekindle Ethnic and Religious Divisions

President Vows to Resist Attempts to Rekindle Ethnic and Religious Divisions

Sri Lanka Enacts Amendments to Strengthen Anti-Corruption Legislation

Sri Lanka Enacts Amendments to Strengthen Anti-Corruption Legislation