Cabinet nod for farmers compensation method

Cabinet nod for farmers compensation method

Cabinet nod for farmers compensation method

Written by Teena Marian

01 Mar, 2022 | 12:28 pm

COLOMBO (News 1st); The Cabinet of Ministers had previously granted approval to prepare an appropriate scheme of compensation in consultation with the General Treasury to pay a compensation of Rs.25/- per 1kg of paddy in order to secure the income level of farmers who affect due to declining of paddy harvest during the Maha season 2021 / 2022.

Accordingly, a methodology has been prepared to pay the compensation that is calculated based on the relevant criteria as an evaluation incentive limited to an extent of the agricultural area of 05 acres to the maximum so that small-scale farmers, as well as small and medium level farmers, would be able to obtain the relevant incentive allowance.

The Cabinet of Ministers approved the resolution furnished by the Minister of Agriculture for implementing the said methodology and for remitting the required funds to the Department of Agrarian Development by the State Minister of Organic Fertilizer Production, Supply and Regulation and the Paddy and Grains, Organic Food, Vegetables, Fruits, Chillies, Onion and Potato Cultivation Promotion, Seed Production and Advanced Technology for Agriculture.

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