News
Rising egg consumption should not deter exports: minister
By APSARA RODRIGO
ECONOMYNEXT– Sri Lanka’s egg consumption has risen by about one million, the Department of Animal Production and Health has said.
“The daily consumption of chicken eggs in this country was 7 million eggs and in the last few months that amount has exceeded to about 8 million eggs,” Department officials said in a discussion with Minister of Agriculture and Plantation Industry Mahinda Amaraweera.
Amaraweera said the increase in local demand should not compromise Sri Lanka’s egg exports, and asked for a survey to be conducted on egg consumption.
Sri Lanka exports chicken eggs mainly to the Maldives, Amaraweera told EconomyNext. “Because of the presence of bird flu in other countries, there is a high demand for eggs from Sri Lanka.”
Switz Lanka, a hen egg producer which markets its product under the Happy Hen brand, exports eggs to the high-end Maldivian hospitality sector.
Maxies and Co Pvt Ltd is also listed as an egg exporter by Sri Lanka’s Export Development Board.
The increase in egg consumption in the island was attributed to the rise in foreign tourists, prices of meat and fish going up, as well as local demand for it as the cheapest protein food available.
Approval of the Cabinet of Ministers has been granted at their meeting held on 19.05.2025 in order to introduce amendments to the Inland Revenue Act No. 24 of 2017 including the proposed tax revisions to enhance the tax structure paving way for state financial integrity based on revenue.
Accordingly, the revised draft bill has been prepared by the legal draftsman and clearance of the Attorney General has been received.
Therefore, the Cabinet of Ministers has granted approval for
the resolution furnished by the President in his capacity as the Minister of Finance, Policy Planning and Economic Development to publish the aforementioned draft bill in the government gazette notification and subsequently, forward the same to the Parliament for its concurrence.
The National Mineral Policy was prepared for the first time in the year 1999, and the aforementioned policy has been amended in 2023 to cover matters such as preparing an updated data system related to mineral resources, adding value to the export of minerals, encouraging mineral-related industrialists, extracting mineral resources and managing the environment sustainably, and resolving the issues related to the ownership of the land arising in extracting mineral resources.
The revised National Mineral Policy has been reupdated in line with the manifesto “A Sustainable Resource Utilization – Generation of the Highest Benefit” under the policy statement of the current government” A Thriving Nation – A Beautiful Life.”
Accordingly, the Cabinet of Ministers has approved the resolution presented by the Minister of Industries and
Entrepreneurship to implement the so-formulated “National Mineral Policy—2026.”
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