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    National agribusiness development programme to empower farmers Featured

    April 28, 2016

    Government has taken steps to implement a national agribusiness development programme to improve farm productions, provide entrepreneurship training for youths in low income families and to provide them loans of small amounts to further improve the benefits of this programme.

    This programme is a five year programme financed conjointly by the government and the International Fund for Agricultural Development of the UN.


    The programme intends to increase the income of landless youth and small farm owners from 20% to 30% through providing a good price for their harvest, improving the productivity of the farm and value addition for products.


    Six value addition projects have been initiated with the private sector under this programme and they have benefitted 5,648 rural agricultural producers. It has also benefited 2710 rural entrepreneurs buy offering small loan facilities.


    The proposal made by President Maithripala Sirisena was approved by the Cabinet of Ministers.

    Last modified on Thursday, 28 April 2016 08:40

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