Subsidy cover for rubber producers

Declining rubber prices have prompted the Government to offer a subsidiary of Rs. 20 a kilo to producers, officials said.

They said Parliament will next week take up a motion seeking approval for a supplementary estimate of Rs 450 million to provide this subsidy. Rubber prices at the Colombo auction have been declining since July last year with prices falling from Rs 336.75 a kilo to Rs. 143 by February this year.

The supplementary estimate has been approved by the Cabinet on a proposal submitted by Plantations Minister D.M. Jayaratna.

Top to the page  |  E-mail  |  views[1]
Other News Articles
Hedging probe gathers pace
Four Tamil parties reject UPFA’s polls overtures
Top Tiger leaders in security forces net
Wijeya lights up Thantirimale
Honorary degrees for President and Defence Secretary
Palestine welcomes end of war in Lanka
Petition against nomination of MP dismissed
Boundary walls demolished sans compensation?
New N. Eliya courts complex opening today
UN calls for free access to camps
Turning the heat on illicit brew traders
Britain seeking release of medic in IDP camp
SLIC privatization judgment tomorrow
Govt. moves to silence Tamil Diaspora threat
A farewell for Chief Justice Sarath N. Silva
Odds and Ends
Forces focused on wiping out last of the LTTE
Help from above was crucial in Eelam War IV
Deadly dengue doing the rounds
Iraq, South Asia veteran as US envoy to Lanka
Opposition to IMF loan waning
Minister Dodangoda passes away
Gunmen open fire on van, killing 2
Speaker’s son weighing SLFP, UNP offers
FMM drops projects amid probe on alleged financial irregularities
Full environment assessment for war-torn areas
UN says London Times death toll based on unreliable data
The declaration came at a ceremony .....
Subsidy cover for rubber producers
West making China villain of the piece
Humanitarian challenges in IDP camps
Silicon Valley’s gift to Sri Lanka is in shambles, damaged by the civil war


Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2009 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution