July 18, Colombo (LNW): The Minister of Agriculture and Plantation Industries, Mahinda Amaraweera, has directed the State Fertiliser Company to significantly reduce the prices of fertilisers used for plantation crops such as cinnamon, tea, and coconut.
Dr. Jagath Perera, Chairman of the State Fertilizer Company, announced that the prices of five types of fertiliser—APM, YPM, urea (for cinnamon), SA (for cinnamon), and TDM—will be reduced by Rs. 1,500 to Rs. 2,000 with immediate effect.
Additionally, the price of each type of fertiliser produced by the State Fertiliser Company will be reduced by Rs. 5,000 per metric tonne.
This decision was made during a discussion at the Ministry of Agriculture and Plantation Industries yesterday (17).
Minister Amaraweera stated that the aim of this price reduction is to encourage the increased use of fertilisers to boost the production of cinnamon, tea, and coconut.
The meeting was attended by Janaka Dharmakeerthi, Secretary to the Ministry of Agriculture and Plantation Industries, A.M.H.L. Abeyratne, Commissioner General of Agrarian Development, and officials from the National Fertilizer Secretariat.
