Wheat to be imported as a substitute for corn

Cabinet approval has been granted to import wheat under temporary import licenses as a substitute for corn to help the poultry industry. In order to control the escalation of prices of chicken and eggs due to total stoppage of import of especially corn as the raw material for the production of poultry food, permission has been granted to import wheat subject to temporary import licenses as a substitute for corn,  the state information office said. Accordingly, an appropriate programme is to be implemented by responsible institutions for the provision of required lands, seeds, fertilizer and technology to increase the corn cultivation in the country. The initial meeting of the Cabinet subcommittee on the cost of living appointed to find policy and practical remedies required to maintain the cost of living within the country at a stable rate was held on 31 August with President Gotabaya Rajapaksa at the chair. Accordingly, the Cabinet granted its approval for the decisions tabled by the Minister of Trade taken at the sub-committee on the following facts in order to ensure the continuous supply of food items to the market without shortage and the regulation of the cost of living steadily and to take actions as per the decisions taken there upon. Measures as follows:

  • Paying more attention on the goods categories severely affected by the cost of living phenomenon when acted on it
  • Maintenance of a fixed local policy and limitation of imports only to essential items so that the farmer can be encouraged once again to cultivation
  • Preparation of a methodology for the consumers to obtain goods at a reasonable/fair price by imposing a proper price for the productions of the farmer since the price of the goods is escalating due to the influence from the mediators
  • Establishment of a seed bank as a remedy to the shortage of higher standard seed categories that can be cultivated locally as well as for the conservation of obsoleted local seed categories
  • Implementation of an efficient distribution methodology for the consumers to purchase products such as vegetable and fruits at a reasonable price across the regulation of price
  • Implementation of programs pioneered by the Ministries of Plantation, Agriculture as well as the Trade for marketing the products purchased from the farmers directly in public places in the towns and cities
  • Prioritising in suspension of crops those are being cultivated by local farmers since the farmers have turned to cultivate supplementary crops that can be cultivated locally as well as to enhance production of other local vegetable as well as to promote crops that can be substituted for the crops that should be imported
  • Maintaining secure stocks to ensure that prices of rice does not increase until the harvest in the Maha season is released to the market and ensure that sufficient stocks are available in the market at the government imposed certified price
  • In order to control the escalation of prices of chicken and eggs due to the total stoppage of import of especially corn as the raw material for the production of poultry food, permission has been granted to import wheat subject to temporary import licenses as a substitute for corn
  • Implementation of an appropriate program by the responsible institutions for the provision of required lands, seeds, fertilizer, and technology to increase the corn cultivation within the country
  • The Fisheries Corporation shall increase their outlets to enable the consumers to purchase fish for a reasonable price while the 40 new outlets planned to be opened to be opened soon
  • Immediate measures should be taken to increase the local milk production while implementing a program to educate the milk farmers and provide technical knowhow
  • Implementation of coconut marketing programs by the Ministry of Plantation in the populated towns so that the consumers would be able to purchase coconut at fair and reasonable prices, since there is a trend to a hike of coconut prices in the market is apparent.
 

The post Wheat to be imported as a substitute for corn appeared first on Adaderana Biz English | Sri Lanka Business News.



adaderana business

Post a Comment

Previous Post Next Post