Going Bananas

A tissue cultivation project to grow and sell banana chips became the first recipient of a government funded rural revival fund.rn

rnSet up under the aegis of the Rural Economy Ministry, the Rural Economy Resuscitation Fund kicked off Thursday with a pledge to empower rural producers.rn

rnThe Treasury has infused Rs. 100 mn as seed capital and Minister Bandula Gunawardene says a further Rs. 200 mn has been promised in the upcoming budget.rn

rnldblquote We hope the Trust will set the base to revive the domestic market, create markets for farmers with a reasonable return and in turn accelerate rural economic development,
dblquote Gunawardene told journalists at the Trust
quote s launch.rn

rnThe Hambantota tissue cultivation project has got a Rs. 60,000 monthly grant for two-years to help farmers sell quality banana chips to local markets.rn

rnAlready 50 farmers have signed up for the project and the Colombo University
quote s Botany Department has come forward to help the Hambantota center with resea