The government has decided to provide an additional fertilizer subsidy to small-scale tea plantation owners as concerns grow over rising global fertilizer prices and increasing import costs, Minister of Plantations and Community Infrastructure Samantha Vidyaratne announced.
The Minister stated that the Treasury has already allocated the required funds for the subsidy program, aimed at easing the financial pressure on tea growers affected by escalating agricultural expenses.
Speaking on the current situation, Vidyaratne noted that although Sri Lanka is not facing a fertilizer shortage at present, global market conditions could drive prices higher in the coming months.
He explained that fertilizer prices have increased internationally due to prevailing global tensions, while shipping charges and maritime insurance premiums have also surged, pushing up the overall cost of imports.
Despite the anticipated price hikes, the Minister assured that the government would maintain a continuous supply of fertilizer across the country.
Vidyaratne pointed out that the government had earlier introduced an additional subsidy of Rs. 5,000 per hectare for paddy farmers as relief amid the ongoing global conflict situation. The assistance applies to a maximum of two hectares, allowing eligible farmers to receive up to Rs. 10,000.
He further stated that a similar relief measure has now been extended to small-scale tea plantation owners, with an additional subsidy of Rs. 5,000 being granted to support the sector.
The Minister emphasized that the government’s objective is to reduce the financial burden on farmers while ensuring uninterrupted access to fertilizer despite rising international costs.
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