50 kg bag of Urea at Rs. 10,000 for farmers
First stock of 13,000 tons of urea received on World Bank concessionary loan The Ministry of Agriculture has received the first stock of 13,000 tons of Urea fertiliser yesterday under the World Bank concessional emergency loan of $ 110 million.
The Government will provide a 50 kg bag of urea fertiliser to paddy farmers at Rs. 10,000.
This step was taken to protect household food security, farming and rural incomes based on the demands made during several discussions with the intervention of President Ranil Wickremesinghe, Agriculture Minister Mahinda Amaraweera said.
The World Bank support complements the help from other development partners such as the Asian Development Bank and the United States Agency for International Development.
Sri Lanka requires approximately 150,000 tons of urea fertiliser for paddy cultivation during the Maha season.
Agriculture Secretary Rohana Pushpakumara and President’s Senior Adviser on Food Security Suren Batagoda confirmed that it is possible to provide this requirement completely.
The fertiliser will be distributed directly to the paddy farmers through Agrarian Service Centres. Paddy farmers who grow paddy up to a minimum of two hectares will be able to purchase a fixed number of bags of fertiliser, depending on the area they have prepared for paddy.
The maximum amount of fertiliser each farmer can purchase is determined based on the recommendations of the Department of Agriculture, with variations depending on the agro ecological zone. In addition, 12,000 metric tons of urea is to be provided for 60,000 hectares of maize farmers, and the price of a 50 kg bag is set at Rs. 15,000.
Currently, the war in Ukraine and the world’s geopolitical conditions present a very challenging market situation in terms of the production and distribution of fertiliser.
Amid rising market prices, the Ministry of Agriculture has signed an agreement to supply 12,500 metric tons, 50,000 metric tons and 45,000 metric tons of urea under three phases.
The agreement to procure another 25,000 metric tons of urea is to be signed shortly.
According to the Ministry of Agriculture, 21,000 metric tons of urea have already been distributed to the farmers under the Indian Concessional Loan facility