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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Tea farms to get billion rupees a year for re-planting: Minister EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Tea farms to get billion rupees a year for re-planting: Minister EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Tea farms to get billion rupees a year for re-planting: Minister EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Tea farms to get billion rupees a year for re-planting: Minister EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Tea farms to get billion rupees a year for re-planting: Minister EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Tea farms to get billion rupees a year for re-planting: Minister EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Tea farms to get billion rupees a year for re-planting: Minister EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Tea farms to get billion rupees a year for re-planting: Minister EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Tea farms to get billion rupees a year for re-planting: Minister EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Tea farms to get billion rupees a year for re-planting: Minister EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
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» SRI LANKA TELECOM PLC (SLTL.N0000)
Tea farms to get billion rupees a year for re-planting: Minister EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Tea farms to get billion rupees a year for re-planting: Minister EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Tea farms to get billion rupees a year for re-planting: Minister EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
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» Do You Have Computer Vision Syndrome?
Tea farms to get billion rupees a year for re-planting: Minister EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Tea farms to get billion rupees a year for re-planting: Minister EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Tea farms to get billion rupees a year for re-planting: Minister EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
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» GLAS.N0000 (Piramal Glass Ceylon PLC)
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» Cboe Volatility Index
Tea farms to get billion rupees a year for re-planting: Minister EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Tea farms to get billion rupees a year for re-planting: Minister EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Tea farms to get billion rupees a year for re-planting: Minister EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
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» Bitcoin and Cryptocurrency
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» CSD.N0000 (Seylan Developments PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
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» NTB.N0000 (Nations Trust Bank PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Tea farms to get billion rupees a year for re-planting: Minister EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Tea farms to get billion rupees a year for re-planting: Minister EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Tea farms to get billion rupees a year for re-planting: Minister EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Tea farms to get billion rupees a year for re-planting: Minister EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Tea farms to get billion rupees a year for re-planting: Minister EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Tea farms to get billion rupees a year for re-planting: Minister EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Tea farms to get billion rupees a year for re-planting: Minister EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Tea farms to get billion rupees a year for re-planting: Minister EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Tea farms to get billion rupees a year for re-planting: Minister EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Tea farms to get billion rupees a year for re-planting: Minister EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Tea farms to get billion rupees a year for re-planting: Minister EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Tea farms to get billion rupees a year for re-planting: Minister EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Tea farms to get billion rupees a year for re-planting: Minister EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Tea farms to get billion rupees a year for re-planting: Minister EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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3 posters

    Tea farms to get billion rupees a year for re-planting: Minister

    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    Tea farms to get billion rupees a year for re-planting: Minister Empty Tea farms to get billion rupees a year for re-planting: Minister

    Post by The Invisible Fri Jul 26, 2019 5:34 am

    ECONOMYNEXT - Sri Lanka will give one billion rupees a year to tea farms from a levy charged on exports, to fund help fund old tea bushes with new ones, Plantations Industries Minister Navin Dissanayake said.

    "We assume that in upcoming years we will be able to provide at least one billion rupees for the replanting process" Minister Dissanayaka said in Colombo July 24 at a ceremony to give award for higher performers in the industry.

    Sri Lanka charges cess tax on exports to which goes to a fund to be used for replanting and marketing.

    Yields of old tea bushes fall over time.

    "As we all know the required replanting which is 2.0 percent is not happening in Sri Lanka due to lack of funds.

    "Because of that I present a paper to the cabinet about two weeks ago, saying that the Rs. 3 that we get from the tea levy should be distributed equally for marketing and replanting.

    "This will help us to increase the tea production per hectare in the future."

    Dissanayake said he had fought with then finance minister Ravi Karunanayake who tried to take the cess funds to fund the budget.

    Wijeratne Devagedera, Chairman Sri Lanka Tea Smallholdings Authority said average yield in Sri Lanka has increased to 1,850 kilogram per hectare a year in 2018 from 1,600 kilograms in 2015.

    Sri Lanka's smallholders grow 132,000 hectares of tea or 59.7 percent of the total, produce about 74 percent of the 340,000 metric tonnes of tea produced a year.

    Therefore, we have a great responsibility to increase the production capacity, to protect the quality and prices of the tea

    We have increased it to 1850kg per hectare from 1600kg per hectare. We have to look at these things in a positive way.

    Yields of small holder farms are higher than the national average.

    Sri Lanka's tea board has said that it costs about 1.5 million rupees to replant a hectare of tea. (Colombo/July25/2019)
    ruwan326
    ruwan326


    Posts : 1744
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    Tea farms to get billion rupees a year for re-planting: Minister Empty Re: Tea farms to get billion rupees a year for re-planting: Minister

    Post by ruwan326 Fri Jul 26, 2019 6:42 am

    Good news Wink Very Happy


    Last edited by ruwan326 on Mon Jul 29, 2019 8:05 pm; edited 1 time in total
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    karuna2


    Posts : 12
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    Tea farms to get billion rupees a year for re-planting: Minister Empty Re: Tea farms to get billion rupees a year for re-planting: Minister

    Post by karuna2 Sat Jul 27, 2019 3:47 pm

    ප්ලාන්ටේෂන් මොකද වෙන්නේ යාළුවනේ

      Current date/time is Sun Sep 01, 2024 8:39 am