The directive came into effect as of Friday June 24.
To be leased for 1 year for short term crops
Paddy prices falling to around Rs120kg a kilogram
Monetary driven malnutrition as protein prices go up
Sri Lanka has to produce its seed paddy in the current season if is to have a better harvest in next Maha season.
Sri Lanka is facing a looming food shortage in September this year.
Due to panic buying by the general public, the market is currently facing a shortage of rice.
Sri Lanka's ongoing economic crisis has threatened a looming food crisis.
Prime Minister has warned of a food shortage from August
However forex shortages were preventing the opening of letters of credit, blocking imports
Milled rice is about 68 percent of the paddy harvest.
Estimates suggest 470,000 hectares may be sown
Sri Lanka is facing one of its worst economic crisis in the history.
The request for the credit facility was sought to purchase fertilizer to meet immediate demands during the yala season.
Sri Lanka had been expecting its worst food crisis in August this year.
"We have to work hard from this point onwards to ensure the next harvest is a success."
“We know that farming families who cultivate paddy on small lands are in a very precarious position."
May be able to use in the current season
Crop shortfalls due to fertilizer and fuel shortages
Sri Lanka's rice production has dropped by around 40 percent due to fertilizer ban.
Sri Lanka is facing food shortage due to President Rajapaksa's fertilizer ban and dollar shortage
Sri Lanka is facing a food shortage due to a 2021 fertilizer ban, dollar shortage
"It's okay to criticise us, but we ask that you do not discourage farmers from growing," he said.
“Everyone, please get in the field, and grow [crops],” the minister said on Sunday (29) speaking to reporters.
Though chemical fertilizer ban is now reversed, the prices have risen by more than 600 percent.
Before the situation gets worse, we require immediate, decisive action for workable short and medium-term solutions