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President Increases Fertilizer Subsidy 🌱 for Paddy Farmers to Rs. 25,000

updates from Sri Lankan Government

President Anura Kumara Dissanayake has directed the Treasury to increase the fertilizer subsidy for paddy farmers to Rs. 25,000 per hectare for the upcoming Maha season of 2024/25. This is a significant increase from the previous subsidy of Rs. 15,000 per hectare.

Key Points:

  • The increased subsidy will be implemented from October 01, 2024.
  • The allowance will be directly transferred to farmers’ bank accounts, ensuring prompt and transparent disbursement.

This initiative aims to provide much-needed financial support to paddy farmers, enhancing agricultural productivity and ensuring food security for the nation.

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Last modified: September 26, 2024