August 22, Colombo (LNW): The Cabinet has granted approval for a proposal to provide fertiliser subsidies to farmers cultivating paddy during the 2024/25 Maha season.
This initiative aims to boost food security and enhance agricultural productivity by supporting paddy and other crop cultivation across the country.
The approved plan, presented by the Minister of Agriculture and Plantation Industries, involves importing fertilisers through both the State Fertiliser Company Ltd. and private sector entities.
The fertilisers will then be sold at a competitive price, ensuring wider accessibility for farmers.
Under the subsidy scheme, farmers will receive financial support of Rs. 15,000 per hectare, with a maximum of two hectares covered for each farmer.
This effort aligns with the government’s broader objective to stabilise local food production and improve the livelihoods of smallholder farmers.
