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Farmers to be provided a 50kg bag of Urea at Rs.10,000

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The Ministry of Agriculture has received the first stock of 13,000 tons of Urea fertilizer today (28) under the World Bank concessional emergency loan of 110 million US dollars and accordingly, the government has decided to provide a 50 kg bag of urea fertilizer to paddy farmers at Rs.10,000.

This step was taken to protect household food security, farming and rural incomes based on the demands made during several discussions with the intervention of President Ranil Wickremesinghe, Agriculture Minister Mahinda Amaraweera said.

This World Bank support complements the support of other development partners such as the Asian Development Bank and the United States Agency for International Development.

Sri Lanka requires approximately 150,000 tonnes of urea fertilizer for paddy cultivation during the Maha season. Mr. Rohana Pushpakumara, Secretary of the Ministry of Agriculture and Mr. Suren Batagoda, President’s Senior Adviser on Food Security, confirmed that it is possible to provide this requirement completely.

The fertilizer will be distributed directly to the paddy farmers through Agrarian Service Centres. Paddy farmers who grow paddy up to a minimum of 2 hectares will be able to purchase a fixed number of bags of fertilizer depending on the area they have prepared for paddy.

The maximum amount of fertilizer each farmer can purchase is determined based on the recommendations of the Department of Agriculture, with variations depending on the agro ecological zone. In addition, 12,000 metric tons of urea is to be provided for 60,000 hectares of maize farmers, and the price of a 50 kg bag is set at Rs.15,000.

Currently, the war in Ukraine and the world’s geopolitical conditions present a very challenging market situation in terms of the production and distribution of fertilizer.

Amid rising market prices, the Ministry of Agriculture has signed an agreement to supply 12,500 metric tons, 50,000 metric tons and 45,000 metric tons of urea under three phases.

The agreement to procure another 25,000 metric tons of urea is to be signed shortly.

According to the Ministry of Agriculture, 21,000 metric tons of urea have already been distributed to the farmers under the Indian Concessional Loan facility.

With the support of the World Bank, the Ministry of Agriculture has taken steps to deploy a Geo-Enabled Monitoring System (GEMS) to monitor the distribution of fertilizer from ports to agrarian service centres and from agrarian service centres to farmers. The system is also used for environmental and social risk management, grievance redress and impact.

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Three injured in Kosgama shooting, including 12-year-old girl

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Three people, including a 12-year-old girl, were injured in a shooting incident at Suduwella, Kosgama, early this morning (6), police said.

They said the victims were travelling in a three-wheeler when two individuals on a motorcycle opened fire using a pistol-type weapon.

The injured include a 30-year-old woman and her 12-year-old daughter, both residents of Avissawella, as well as a 44-year-old man.

All three have been admitted to Avissawella Hospital for treatment.

Police said the motive for the attack and the identities of the suspects have not yet been established.

Kosgama Police are conducting further investigations into the incident.

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Four Sri Lankans arrested at BIA with 378 bottles of liquor

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Four Sri Lankan passengers were arrested by Customs officers at the Bandaranaike International Airport (BIA) this morning while attempting to smuggle in a large consignment of whiskey and cardamom valued at approximately Rs. 15 million.

The suspects, residents of Colombo and Hatton had arrived in the country on IndiGo flight 6E-1183 from Bangalore, India, which landed at 1:00 a.m.

Customs officials uncovered the contraband during baggage checks, finding 378 bottles of whiskey and 132 kilograms of cardamom concealed in 20 pieces of luggage. The items were reportedly purchased from a duty-free shopping complex at a foreign airport.

The four individuals have been detained, and further investigations are being carried out by the Airport Customs Division.

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Treasury sounds alarm over vehicle import boom’s dollar drain

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The Treasury has warned the Central Bank that the enthusiasm shown in the import of vehicles after the ban was lifted could have a negative impact on foreign reserves and urged that precautionary measures be taken.

A senior Treasury official said that in the five months after the restrictions on the import of vehicles were lifted, Letters of Credit to the value of US$ 742 million have been opened, against the proposed target of allowing up to US$ 1 billion.

Accordingly, the Treasury has advised the Central Bank that as the opening of the LCs and imports has been at a rate faster than anticipated, it should closely study the trend of imports and take remedial measures in advance.

The Treasury has pointed out that the outflow of US dollars could have a serious impact on the foreign currency reserves and also on the exchange rates. As a result, there could be an impact on imports of essentials, including fuel.

The longstanding vehicle import ban was lifted in February this year, and so far more than 18,000 vehicles have been brought into the country, while import levies have earned a tax revenue of Rs 220 billion, Customs Spokesman Seevali Arukgoda told the Sunday Times.

The revenue from vehicle imports has made a significant contribution to the taxes in the form of customs levies amounting to Rs one trillion so far for the year. The Customs revenue target for this year is Rs 2.1 trillion.

(sundaytimes.lk)

(Except for the headline, this story, originally published by sundaytimes.lk has not been edited by SLM staff)

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