News
Accelerated program launched to manufacture organic fertilizer in Mahaweli Zones
Chemical-free crop cultivation targets 400,000 home gardens
An accelerated program has been launched to broad-base the manufacture of organic fertilizer in the 10 Mahaweli Zones as an alternative to chemical fertilizer use in the country, Director- General of the Sri Lanka Mahaweli Authority, Keerthi B. Kotagama says.
The import of chemical fertilizer was suspended by the government recently.
The demand for organic fertilizer by the Mahaweli farmer community in the 10 zones is expected to be met under this program, he said. The program has been launched under the guidance of the Irrigation Minister Chamal Rajapaksa and Mahaweli Zone Canals and Common Settlement Infrastructure Development State Minister, Siripala Gamlath.
Fertilizer produced under the initiative is expected to be used for cultivation in the upcoming Maha season.
Eleven metric tons of organic fertilizer is usually required to grow 110,000 hectares of Mahaweli paddy lands, Mahaweli Agriculture Director, Neville Rajapakse noted.
It has been identified that a minimum of 10 metric tons of organic fertilizer are required to grow one hectare of paddy. Although manufacturing of the entire requirement is a challenge, every effort is being made to achieve the set target, he said.
Components from Eppawala Phosphate deposits are to be used in the manufacturing process of organic fertilizer in Mahaweli zones.
Organic fertilizer will also be used for home gardens in the Mahaweli settlements under the program, which will involve 400,000 farmer families. Each family will raise a quarter-acre home garden, Rajapakse further said.
The owner of each home garden should manufacture his organic fertilizer requirement and the technical know-how will be provided to them by the Sri Lanka Mahaweli Authority. Prospective markets in Colombo and its suburbs will be introduced for the crops of these home gardens, he added.
The government spends Rs. 400 million for the fertilizer subsidy to farmers within a single crop season. Manufacturing organic fertilizer in the country will help save valuable foreign exchange, while also ensuring chemical-free food crops that prevent non-communicable diseases.
News
Sri Lanka, India caught in US-Iran ship crisis
By Shamindra Ferdinando
Iran has sought the Indian intervention, at the highest level, to provide lifesaving support to the crews of empty Iranian vessels stranded just outside Sri Lanka’s 12-nautical mile territorial waters off Galle.
Sources familiar with the issue said that Iran had brought the developing situation to the attention of New Delhi as the crews of almost 20 vessels, included Indian nationals. Sources stressed that the group of vessels that unloaded crude oil a couple of months back were now stranded within Sri Lanka’s Exclusive Economic Zone (EEZ).
The US Navy torpedoed an unarmed Iran frigate, returning from India, on 04 March, 2026, about 19 nautical miles off the Galle coast. The unprovoked attack killed nearly 100 Iranians.
The Iranian Embassy in Colombo has inquired from the Indian High Commission of their response to the situation, sources said. The US has issued a global warning against providing food, water, medicine and other services to the Iranian vessels. The outcome of Iran-India talks on the issue at hand was not known, though sources asserted India may not throw its weight behind Iranian efforts to address the issue.
Responding to The Island queries, sources said both Sri Lanka and India were in a dilemma due to the US warning. India couldn’t ignore the plight of the Indian crew members and the Iranian vessels in its backyard.
The Sri Lankan government remains tight-lipped about the vessels stranded in its EEZ. Our efforts to elicit a response from relevant authorities were in vain. In addition to Indians, there are Bangladeshis among the crew members. Iran has explicitly stated the responsibilities of the countries concerned to provide assistance in terms of international law.
The Iranian position was articulated by its Ambassador to Sri Lanka, Dr.Alireza Delkhosh, recently. In a special statement, Ambassador Delkhosh emphasised that in terms of the Convention on the Law of the Sea (Article 98) as well as SOLAS and SAR
Conventions, Sri Lanka couldn’t refrain from providing the needs of the Iranian vessels stranded in its EEZ.
SLMC leader Rauff Hakeem lambasted the NPP government in Parliament for failing to provide assistance to the Iranian ships. The former Minister alleged that the government was simply carrying out dictates of the US. He strongly criticised the way Foreign Minister Vijitha Herath was handling the issue.
News
Namal further remanded
MP Namal Rajapaksa, who is in remand custody over the controversial Airbus deal, was further remanded until October 27 by the Colombo Magistrate’s Court yesterday (13).
Colombo Chief Magistrate Asanga S. Bodaragama made the order after considering submissions by officers of the Commission to Investigate Allegations of Bribery or Corruption and lawyers representing Rajapaksa.
News
IMF projects Lankan economic growth to moderate amidst mounting global uncertainties
Sri Lanka’s economy is expected to sustain its recovery over the next two years, although growth is projected to moderate amid mounting global uncertainties, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.
In its World Economic Outlook 2026: Resilience Under Strain, Urgent Choices, the IMF projects Sri Lanka’s economy to expand by 4% in 2026, slowing to 3.7% in 2027, following estimated growth of 5% in 2025.
Inflation, meanwhile, is forecast to rise to 5.3% in 2026 and 5.4% in 2027, reversing the average deflation rate of 0.5% recorded in 2025.
Unemployment is expected to remain steady at 3.9% throughout the forecast period.
The projections come amid growing pressure on the global economy from the ongoing conflict in the Middle East, elevated energy prices, geopolitical tensions and trade disruptions.
Sri Lanka’s external position is also expected to weaken, with the current account balance projected to shift from a surplus of 1.6% of gross domestic product (GDP) in 2025 to deficits of 0.5% in 2026 and 0.3% in 2027.
The IMF’s outlook points to continued economic expansion in Sri Lanka, but with slower growth, rising inflation and a narrowing external surplus giving way to current account deficits over the forecast period.
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