ADB Gants Rs.8 Billion for paddy farmers in Sri Lanka

The Asian Development Bank(ADB)granted Rs.8 billion to Sri Lanka for the benefit of paddy farmers the President,s Media Division(PMD)says. The grant comes at the request of President Ranil Wickremesinghe.

Accordingly, small-scale paddy Famers cultivating lands to the extent of a hectare or less will receive an allowance of Rs.10,000 .Meanwhile, Rs.20,000 will be given to farmers who are engaged in paddy cultivation on lands of more than one hectare.

The non-refundable financial assistance is provided only to the paddy farmers and the money will be directly credited to their accounts, according to Agriculture Ministry Mahinda Amaraweera.