Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker
The Cabinet of ministers this week approved a proposal by Minister of Plantation Industries Navin Dissanayake for the increased subsidies.
The government has recognised the need to raise productivity on rubber plantations which is far below that of other Asian rubber growers, a statement said.
As a long-term solution, the government will support farmers to replant aging, low-yielding rubber trees with high-yielding clones, it said.
The subsidy for new planting will be doubled to Rs300,000 a hectare and the subsidy for replanting will be raised to Rs350,000 from Rs175,000 a hectare.
- Posts : 2356
Join date : 2016-11-28
Age : 40