Sri Lanka small medium tea planters subsidy increased: Budget 2015

Sri Lankan Prime Minister Ranil Wickremasinghe (2nd R) arrives to visit the site of a bomb attack at St. Anthony's Shrine in Kochchikade in Colombo on April 21, 2019. - A string of blasts ripped through high-end hotels and churches holding Easter services in Sri Lanka on April 21, killing at least 156 people, including 35 foreigners. (Photo by ISHARA S. KODIKARA / AFP) (Photo credit should read ISHARA S. KODIKARA/AFP/Getty Images)

Oct 25, 2014 (LBO) – Sri Lanka government to increase replanting subsidy to small medium tea planters from 875,000 rupees to one million rupees per acre, President Mahinda Rajapaksa said presenting a budget for 2015. The extent of the island’s tea plantations is 206104 hectares of which 70 percent are small holdings that are cultivated by 397223 small holders who produce 1.5 million kilos of tea.

Sri Lanka’s tea consumption per person per year is 1.3 kilo grams.

Majority of them are produced in Ratnapura, Galle and Matara District respectively. He further said, the government suggests to increase the new planting subsidy from 625,000 rupees to 750,000 rupees.

The move comes in the wake of labour shortages faced by the island’s agriculture sector.

Sri Lanka tea small holders contributes more than 70 percent of the national tea production.