Sri Lanka revives fertiliser subsidy to support tea industry

Date:

August 25, Colombo (LNW): The Ministry of Agriculture and Plantation Industries has reinstated its fertiliser subsidy programme to alleviate costs for tea growers in Sri Lanka.

This initiative, aimed at reducing financial pressures on tea cultivators, involves lowering the prices of five essential types of fertiliser produced by the State Fertiliser Company.

Under this new scheme, the cost of a 50kg bag of tea fertiliser has been slashed by Rs. 4,000, providing significant relief to tea planters nationwide.

The fertiliser types affected by this price reduction include T 200, T 750, U 709, U 834, and T 65.

Minister of Agriculture and Plantation Industries, Mahinda Amaraweera, announced that the programme will be funded with an investment of Rs. 2.4 billion from the Sri Lanka Tea Board, with no government funds being used.

This substantial financial commitment reflects the government’s dedication to supporting the tea industry and stabilising its input costs.

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