Govt launches fertiliser subsidy for ‘Maha Season’ with over Rs. 440 mn disbursed so far

Date:

By: Isuru Parakrama

November 05, Colombo (LNW): The Department of Agrarian Development has commenced the distribution of the Rs. 25,000 fertiliser subsidy for the 2024 ‘Maha Season,’ confirmed Commissioner General U.P. Rohana Rajapakshe.

This substantial initiative is aimed at supporting local farmers through a phased financial distribution to bolster agricultural productivity.

In the programme’s first phase, Rs. 15,000 has already been distributed per farmer, initially benefiting 670 farmers across Ampara and Kilinochchi districts, with Rs. 9.5 million allocated to support cultivation across 630 hectares.

Expanding on this, the second phase disbursed Rs. 46.5 million to 4,475 farmers in 12 districts, while the third phase released Rs. 57.5 million to assist 4,219 farmers within the same districts.

Further, in the fourth phase, Rs. 47.7 million was allocated to 4,804 farmers.

Rajapakshe stated that an additional Rs. 279.4 million will be transferred from the Treasury today, with funds allocated to benefit 22,419 farmers across 19 districts, further strengthening the seasonal agricultural efforts.

In total, over Rs. 441.8 million has been distributed to farmers so far, representing a significant investment by the government in agricultural sustainability.

Rajapakshe also highlighted that a subsequent Rs. 10,000 will be disbursed to farmers in two weeks, following the commencement of cultivation activities.

This follow-up financial support is intended to ensure farmers are adequately equipped for the season’s demands.

Share post:

spot_imgspot_img

Popular

More like this
Related

THE JOHN KEELLS COLLAPSE: How Sri Lanka’s Mightiest Empire Built a Rs. 210 Billion or US $ 700Mn DEBT House of Cards

EXCLUSIVE: The Devastating Inside Story of John Keells Holdings'...

Hatton National Bank PLC and Nucleus Software Collaborate to Enhance Transaction Banking Experience with FinnAxia®

Sri Lanka- 30th July,2025: HNB PLC, one of Sri Lanka’sleading and most forward-looking financial...

McLarens, which excels in its support for badminton, undertakes the weight of another international competition.

For several years, the Sri Lankan badminton sport has...