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Sri Lanka’s government will support agriculture to strengthen local economy: President
22 Apr, 2015 08:41:04
Apr 22, 2015 (LBO) –Sri Lanka’s government will support agricultural based industries in order to build the Island’s economy, President Maithreepala Sirisena, said in a statement.
“The government will give priority to build a local economy based on agriculture,” the President was quoted saying in a statement released by his office.

The President was speaking at the Cargills “Sarubima Farmers’ Awards Ceremony” at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo yesterday.

In 2014, the agriculture sector was the highest contributor to GDP (Gross Domestic Product ion) accounting for 57 per cent and grew at 6.5 per cent.

The industrial sector grew 12.5 per cent.

However, growth in the agriculture sector was affected by the adverse weather and the sector expanded by 1.3 per cent in 2014.

Critics say that the traditional agriculture based households are slightly challenged as young people are more keen on doing jobs in the service and industrial sectors.

Also experts have warned that rising temperatures over the next couple of decades will ravage Sri Lanka’s dry zone agriculture and a possible sea level rise will affect the coastal economy.

President Sirisena was quoted saying in the statement, that while protecting the traditional agricultural methods, the modern technology and expertise should be amalgamated to it.

“The farmers should take steps to produce what is needed by the market, utilizing new technology and expert knowledge while protecting traditional agricultural methods,” the statement said.

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READER COMMENT(S)
1. Suneth Perera Apr 22
To pursue a national strategy for economic progress the agriculture no doubt plays a vital role. Every leader talked about this and nothing has happened. But finally we got a leader who has already implemented most of the things to make most of agriculture actors viable business proposition. We will be luck to see huge farms in Sri Lanka another one years time. People chose to go to farm instead doing a peon job at a office or drive a three wheel.Not only tea and rise but for all other crops a minimum price need to be introduced. The government with collaboration of private sector should implement large scale warehouses to properly store crops. The excess need to be in high quality to start mega scale exports.