President directs to increase fertilizer subsidy for paddy farmers

INSUBCONTINENT EXCLUSIVE:
President Anura Kumara Dissanayake has instructed the Treasury to provide a fertilizer subsidy of Rs
the fertilizer subsidy, which was previously set at Rs
15,000 per hectare, will be increased to Rs
25,000
This enhanced subsidy will take effect starting October 01.To ensure efficient delivery of the subsidy to farmers, the funds will be
directly transferred to their bank accounts
It outlines a commitment to providing fertilizer and other agricultural inputs at reasonable prices, along with subsidies for both chemical
and organic fertilizer, all in line with good agricultural practices
subsidy for the fishing community, effective from October 01
This measure is intended to boost the fishing industry and lower production costs for fishermen.The fuel subsidy will be available on a
monthly basis for both multi-day and one-day fishing vessels
policy statement underscores the goal of developing and managing the fishing industry in a sustainable and environmentally friendly manner
This approach aims to enhance fish production, making it more accessible to consumers at fair prices, while also improving the quality of
marine fisheries, which are currently facing significant challenges, the statement said.