Wednesday, 17 July 2024 14:12

Govt. to launch second phase of agriculture modernisation program Featured

In a significant step towards transforming the agricultural sector, the Government has decided the implementation of the second phase of the Agriculture Modernisation Program.

The second phase will involve the selection of three Divisional Secretariats in each district to implement modern agricultural projects.

The Cabinet of Ministers on Monday approved the proposal presented by President Ranil Wickremesinghe to utilise Rs. 750 million from the 2024 Budget for this phase.

“This Budget allocation will provide Rs. 10 million for each of the 75 selected Divisional Secretariat Divisions,” Cabinet Co-Spokesman and Minister Bandula Gunawardena said at the post-Cabinet meeting media briefing.

Gunawardena said the initiative aims to promote sustainable and smart agricultural practices, enhance productivity and ensure food security in Sri Lanka. “By focusing on modernisation, the Government intends to equip farmers with advanced technology, improved farming techniques and better infrastructure.

This approach is expected to boost crop yields, reduce post-harvest losses, and increase the profitability of farming activities,” he added.

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