Thursday, 24 September 2020 06:54

Sri Lanka to import wheat as a substitute for corn

Sri Lanka will be importing wheat as a substitute for corn under temporary import licenses to help the poultry industry.

Cabinet approval has been granted towards this end In order to control the escalation of prices of chicken and eggs due to total stoppage of import of especially corn as the raw material for the production of poultry food,
Permission has been granted to import wheat subject to temporary import licenses as a substitute for corn, the state information office said.
Accordingly, an appropriate programme is to be implemented by responsible institutions for the provision of required lands, seeds, fertilizer and technology to increase the corn cultivation in the country.

The initial meeting of the Cabinet subcommittee on the cost of living appointed to find policy and practical remedies required to maintain the cost of living within the country at a stable rate was held on 31 August with President Gotabaya Rajapaksa at the chair.

Accordingly, the Cabinet granted its approval for the decisions tabled by the Minister of Trade taken at the sub-committee on the following facts in order to ensure the continuous supply of food items to the market without shortage and the regulation of the cost of living steadily and to take actions as per the decisions taken there upon.


Latest Business News

There are 32211 listings and 993 categories in our website