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Govt considers maize imports to stabilize prices and meet demand

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Minister of Agriculture, Livestock, Lands and Irrigation, K.D. Lal Kantha (2 from left) presiding the Ministerial Consultative Committee on Agriculture, Livestock, Lands and Irrigation held at the Parliamentary complex

By Chaminda Silva

The government is considering maize imports to meet the growing demand for animal feed production and other industries, Minister of Livestock, Land, and Irrigation K.D. Lalkantha said.Speaking at a meeting of the Ministerial Consultative Committee on Agriculture, Livestock, Lands and Irrigation held at the Parliamentary complex, the Minister said that Sri Lanka had imported approximately 275,000 metric tons of maize for animal feed between 2024 and January 31, 2025.

However, officials informed the committee that the country’s annual maize requirement stands at 600,000 metric tons, which cannot be fulfilled through local production alone.

The Minister raised concerns over maize hoarding by certain traders, who have been stockpiling locally produced maize by purchasing it at Rs. 130-140 per kilo, with the intent to sell it at Rs. 200 per kilo during the Sinhala and Tamil New Year season. Animal feed manufacturers warned that such market manipulation could drive up the prices of eggs and poultry.

To counteract these practices and regulate prices, the government is considering resuming maize imports as a price stabilization measure, a move welcomed by maize-related producers. The Advisory Committee also stressed the importance of ensuring import opportunities for small and medium-scale businesses if imports proceed.

Discussions at the Food Policy and Security Committee focused on increasing the maize cultivation area to 20,000 hectares and granting approval for maize imports after April 1, specifically for animal feed production. Additionally, attention was drawn to existing irrigation challenges in the country, with the committee chairperson emphasizing that special attention will be paid to resolving irrigation issues in the Northern and Eastern provinces.

Ministers, Deputy Minister of Agriculture and Livestock Namal Karunaratne, Deputy Minister of Lands and Irrigation Dr. Susil Ranasinghe, MPs including Committee Members, officials of the Ministry of Agriculture, Livestock, Lands and Irrigation were present at this meeting.



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Navy seize an Indian fishing boat poaching in northern waters

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During an operation conducted in the dark hours of 01 Jan 26, the Sri Lanka Navy seized an Indian fishing boat and apprehended 11 Indian fishermen while they were poaching in Sri Lankan waters, off Kovilan of Kareinagar, Jaffna.

The Northern Naval Command spotted a group of Indian fishing boats engaging in illegal fishing, trespassing into Sri Lankan waters. In response, naval craft of the Northern Naval Command were deployed to drive away those Indian fishing boats from island waters off Kovilan.

Meanwhile, compliant boarding made by naval personnel resulted in the seizure of one Indian fishing boat and apprehension of 11 Indian fishermen who continued to engage in illegal fishing in Sri Lankan waters.

The seized boat (01) and Indian fishermen (11) were handed over to the Fisheries Inspector of Myliddy, Jaffna for onward legal proceedings.

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Tri-Forces donate LKR. 372 million, a day’s pay of all ranks to ‘Rebuilding Sri Lanka’ Fund

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Members of all ranks from the Sri Lanka Army, Sri Lanka Navy and Sri Lanka Air Force have collectively donated a day’s basic salary to the ‘Rebuilding Sri Lanka’ Fund, which was established to restore livelihoods and rebuild the country following the devastation caused by Cyclone Ditwah.

Accordingly, the total contribution made by the Tri-Forces amounts to LKR. 372,776,918.28.

The cheques representing the financial contributions were handed over on Wednesday (31 December) at the Presidential Secretariat to the Secretary to the President, Dr. Nandika Sanath Kumanayake.

The donations comprised LKR. 250 million from the Commander of the Army, Major General Lasantha Rodrigo; LKR. 73,963,879.71 from the Commander of the Navy, Rear Admiral Kanchana Banagoda and LKR. 48,813,038.97 from the Commander of the Air Force, Air Marshal Vasu Bandu Edirisinghe.

Secretary to the Ministry of Defence, Air Vice Marshal Sampath Thuyacontha, was also present on the occasion.

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CEB demands 11.57 percent power tariff hike in first quarter

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The Ceylon Electricity Board (CEB) has submitted a proposal to the Public Utilities Commission of Sri Lanka (PUCSL) seeking an 11.57 percent increase in electricity tariffs for the first quarter of 2026, citing an estimated revenue shortfall and additional financial pressures, including cyclone-related damages.

According to documents issued by the PUCSL, the proposed tariff revision would apply to electricity consumption from January to March 2026 and includes changes to both energy charges and fixed monthly charges across all consumer categories, including domestic, religious, industrial, commercial and other users.

Under the proposal, domestic electricity consumers would face increases in unit rates as well as fixed monthly charges across all consumption blocks.

The CEB has estimated a deficit of Rs. 13,094 million for the first quarter of 2026, which it says necessitates the proposed 11.57 per cent tariff hike. The utility has noted that any deviation from this estimate whether a surplus or a shortfall will be adjusted through the Bulk Supply Tariff Adjustment (BSTA) mechanism and taken into account in the next tariff revision.

In its submission, the CEB said the proposed revision is aimed at ensuring the financial and operational stability of the power sector and mitigating potential risks to the reliability of electricity supply. The board-approved tariff structure for the first quarter of 2026 has been submitted to the PUCSL for approval and subsequent implementation, as outlined in Annex II of the proposal.

The CEB has also highlighted the financial impact of Cyclone Ditwah, which it said caused extensive damage to electricity infrastructure, with total losses estimated at around Rs. 20 billion. Of this amount, Rs. 7,016.52 million has been attributed to the first quarter of 2026, which the utility said has a direct bearing on electricity tariffs.

The CEB warned that if external funding is not secured to cover the cyclone-related expenditure, the costs incurred would need to be recovered through electricity tariffs in the second-quarter revision of 2026.

Meanwhile, the PUCSL has said that a decision on whether to approve the proposed tariff increase will be made only after following due regulatory procedures and holding discussions on the matter.

By Sujeewa Thathsara ✍️

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