News
Action taken to distribute urea
By Ifham Nizam
The Power and Energy Ministry will take steps to release 125,000 litres of diesel for the distribution of urea fertiliser provided by the Indian government for paddy cultivation during the Yala season.
A Power and Energy Ministry official told The Island that they were looking into the request made yesterday by Agriculture, Wildlife and Wildlife Conservation Minister Mahinda Amaraweera.
The government will take delivery of 65,000 tonnes of urea for the 2022 Yala season on 06 July under the Indian credit line.
The Agriculture Ministry has initiated a formal programme to distribute urea countrywide as soon as the consignment is received.
This stock of urea was ordered by the government of India from Oman for paddy and maize cultivation in that country.
Out of this stock of fertilizer, 50,000 tonnes will be given for paddy cultivation and 10,000 tonnes for maize cultivation. After receiving the stock of urea on 06 July, arrangements have been made to release it to the farming community through Agrarian Service Centres throughout the country within a few days. Arrangements have been made to provide a bag of urea for Rs. 10,000 at the request of farmers’ organisations.
At present, the selling price of a bag of urea fertiliser in the market ranges from Rs. 40,000 to Rs. 42,000.
“As soon as we receive this stock of fertiliser, we have already ordered the required bags to be packed in 50 kg bags”, a Ministry spokesman said.
Urea fertiliser will also be distributed by the state-owned Lanka Commercial Fertiliser Company and Lanka Fertiliser Company to facilitate farmers throughout the country. It is already planned to use 2,000 lorries for the task.
This stock of fertiliser will be distributed countywide wide between 10 and 15 July.
News
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
The book “Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” ,authored by Secretary to the Ministry of Finance, Mr. Mahinda Siriwardana, was officially launched this morning (08) at the Galle Face Hotel, Colombo, with the participation of President Anura Kumara Disanayake.
The first copy of the publication was formally presented to President Disanayake by Mr. Siriwardana during the event.
It has been reported that former State Minister Sivanesathurai Chandrakanthan alias ‘Pilleyan’ has been arrested by the Criminal Investigation Department (CID).
A meeting between President Anura Kumara Disanayake and senior officials of SriLankan Airlines was held this afternoon (April 8) at the Presidential Secretariat.
The discussions mainly focused on proposals to transform SriLankan Airlines into a more profitable state-owned enterprise. Special attention was also given to possible short-term and long-term solutions for the airline’s debt management.
The talks further explored new investment opportunities for the airline. The President instructed the officials to take all necessary steps to transform SriLankan Airlines into a profit-making entity.
Although the airline has recorded operational profits, due to past mismanagement and poor decision-making, it remains one of the leading loss-making state enterprises. The current government has decided to reverse the previous administration’s decision to privatize the airline. Instead, it plans to continue operating it as the national carrier while introducing a new management structure to ensure its profitability moving forward.
Minister of Labour and Deputy Minister of Economic Development Dr. Anil Jayantha Fernando, President’s Senior Advisor Duminda Hulangamuwa, Chairman of SriLankan Airlines Sarath Ganegoda along with several senior officials of SriLankan Airlines, were present at the meeting.
“Sri Lanka’s Economic Revival – Reflection on the Journey from Crisis to Recovery” by Mahinda Siriwardana presented to the President
Former state minister arrested by CID
President meets with senior officials of SriLankan Airlines
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