News
Govt. to introduce rice-based supplements through Thriposha
The government was planning to introduce rice-based supplements through Sri Lanka Thriposha Limited, Cabinet Spokesman Minister Nalinda Jayatissa announced on Tuesday.
Addressing the post-Cabinet media briefing, Dr. Jayatissa said the NPP government had no plans to close or privatise the Thriposha company.
“The purpose of this company is to improve the nutrition of Sri Lankans. Although it was not established to generate profit, the company has been profitable. It was the Ranil Wickremesinghe government that planned to shut it down, but we have no intention of doing so,” he said.
The Minister also stated that a foreign government has offered assistance to modernize Triposha’s factories. The government is planning to use this support to introduce rice-based supplements through the company. (RK)
The Paddy Marketing Board has approximately 115,000 metric tonnes of paddy stocks purchased from farmers, which are currently stored in the Board’s warehouses, and it has been planned to retain a sufficient buffer stock from these reserves and sell the remaining quantity in order to provide the necessary storage space and financial resources for the purchase of paddy from farmers during the upcoming Yala season.
Accordingly, the Cabinet of Ministers has approved the resolution furnished by the Minister of Agriculture, Livestock, Land and Irrigation to sell the aforementioned paddy stocks
following a formal tender procedure.
The Promotion of Export Agriculture Act, No. 46 of 1992 provides the legal provisions for regulating and promoting the export agriculture sector in this country.
Taking into consideration administrative changes and sectoral developments that have taken place over time, approval was granted at the Cabinet Meetings held on 2023-09-04 and 2025-08-11 to amend the said Act, which has not been updated for over 30 years.
The proposed amendments are intended to amend the designations of the Head of the Department of Export Agriculture and other officials, and to provide a clearer definition of the term “the export agricultural crop.”
Accordingly, the Cabinet of Ministers has approved the resolution furnished by the Minister of Agriculture, Livestock, Land and Irrigation to publish in the Government Gazette the Draft Export Agriculture Promotion (Amendment) Bill, prepared in all three languages by the Legal Draftsman to amend the Export Agriculture Promotion Act, No. 46 of 1992, and thereafter submit the same to Parliament for its concurrence
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