Fertiliser subsidy mechanism to be revised | Sunday Observer

Fertiliser subsidy mechanism to be revised

The National Economic Council (NEC which met yesterday decided to revise the current mechanism of providing fertiliser subsidy to the farmers in order to alleviate anomalies.

The NEC which met under the patronage of President Maithripala Sirisena decided to introduce a new policy with regards to the fertiliser subsidy to minimise discrepancies, the President’s media unit said in a statement.

The members of the NEC also discussed ways to prevent a fertiliser shortage in the future. The NEC advised the Agriculture Ministry to prepare a viable mechanism in order to ensure that there will be no fertiliser shortage and as well as minimise the harm caused to environment by the use of agro-chemicals.

Also the NEC decided to amend the current regulations with regards to the use of agro-chemical Glyphosate.

The NEC decided to allow the use of Glyphosate for tea and rubber cultivations under certain conditions.

The NEC decided also to take immediate measures to bring down the rising cost of living.Prime Minister Ranil Wickremesinghe, Ministers Nimal Siripala de Silva, Dr.Sarath Amunugama, Rauff Hakeem, John Seneviratne, Sajith Premadasa, Duminda Dissanayake, Faizer Mustapha, Mahinda Amaraweera, Malik Samarawickreme, Patali Champika Ranawaka, President’s Secretary Austin Fernando, Prime Minister’s Secretary Saman Ekanayake, Central Bank Governor Dr.Indrajith Coomaraswamy, NEC Secretary Prof.Lalith Samarakoon were among the attendees.