Nishel Fernando’s Post

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Business Journalist at Wijeya Newspapers Ltd

Sri Lanka unveils blueprint to transform outdated plantation sector to thriving agro-business President Ranil Wickremesinghe yesterday unveiled a blueprint to transform the country’s outdated plantation sector towards a modern and thriving agro-business by rolling out a slew of major reforms with an inside-out approach.  Key pillars of this strategy includes ending the colonial era ‘line-room’ culture which has bounded estate workers to the estates and a potential revenue sharing model between managing company and workers. “I don’t think we need plantations; we need a thriving agro-business, lot of ground holders and a large management company that will look at the highest earning possible. We are going to start reforming from inside,” President Wickremesinghe said, addressing the Colombo International Tea Convention (CITC) 2024 in Colombo yesterday. In order to ensure this shift, Wickremesinghe shared plans to setup villages by breaking estates from living areas of plantation communities.  “We will extract all the line rooms and surrounding areas, take it back to the government and re-gazette them as villages. So that the line room concept will disappear as people start building up. If you go the coconut estates, we don’t have anyone living in that land that belongs to the plantation,” he told a fully packed audience of over 750 international and local delegates. According to him, this ‘line-room’ culture has attributed to high rate of multi-dimensional poverty indicators in Nuwara–Eliya which remains above war-torn areas in Northern Province.  Meanwhile, President indicated the government openness to allow other high yielding cash crops with plans to bring more lands to agri-businesses. “What’s the model of our enterprises? Are we only going to stay in tea or are we going to allow smart agriculture in your areas? In time to come, there will be land opened out in other parts of the country for agri-businesses,” he said. https://lnkd.in/g-Fj_HGw

Sri Lanka unveils blueprint to transform outdated plantation sector to thriving agro-business - Breaking News | Daily Mirror

Sri Lanka unveils blueprint to transform outdated plantation sector to thriving agro-business - Breaking News | Daily Mirror

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