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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.
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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.
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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