FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» hSenid Business Solutions(HBS)
by K.R Today at 1:55 pm

» EXPO.N - Expo Lanka Holdings De-Listing
by Beyondsenses Today at 1:17 pm

» Potential Super Gain with HSIG
by Investment 1st Today at 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Today at 12:18 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by ChooBoy Fri May 10, 2024 5:29 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu May 09, 2024 7:09 pm

» Sri Lanka: Country Information Report
by God Father Thu May 09, 2024 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Thu May 09, 2024 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Thu May 09, 2024 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

» THE KANDY HOTELS COMPANY (1983) PLC (KHC.N0000)
by SL-INVESTOR Wed Apr 24, 2024 11:23 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by ddrperera Wed Apr 24, 2024 9:09 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:40 am

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

Strategy for restoration and rebuilding Sri Lanka’s agri-food sector

Go down  Message [Page 1 of 1]

CHRONICLE™

CHRONICLE™
Admin

Strategy for restoration and rebuilding Sri Lanka’s agri-food sector Image_6e27739520

Sri Lanka’s economic crisis has caused immediate uncertainties regarding whether (a) required food supplies are and will be available, (b) the agri-food sector is and will be able to sustain the livelihoods of those engaged in crop, livestock and poultry farming, fishing, food manufacturing, food distribution and allied activities and (c) the agri-food sector is and will be able to provide food security for those most affected by the crisis.

As these concerns are particularly pertinent to the agriculture sector, the Faculties of Agriculture of the State Universities of Sri Lanka joined in proposing a plan of action that has been communicated to the President and the Prime Minister through a letter dated June 15, 2022 and signed by the Deans of all Faculties of Agriculture.

The proposal addresses the present crises by identifying immediate actions to address the most pressing needs of the current moment and also identifies actions requiring immediate attention that if unaddressed can exacerbate the crisis in the long-term.

The action plan is designed to address the two objectives of ensuring food and nutrition security and of protecting and sustaining livelihoods and employment in the agri-food sector. It focuses on the entire food system considering all economic actors and priority sub-sectors in the agriculture value/supply chains.

The prevailing situation has brought to the forefront serious concerns, especially relating to increases in food prices and shortages in food. Food inflation in Sri Lanka during May 2022 (year-on-year basis) has stood at an all-time high of 57.4 percent.

The recent appeal from the United Nations (UN) to the global community for US$ 47 million in humanitarian aid to Sri Lanka to provide lifesaving assistance to 1.7 million people indicates, to some extent, the extent of the crisis. It is estimated that 4.9, 3.5 and 2.4 million people are in need of food security, agriculture and livelihood, and nutrition, respectively (UN, 2022).

Although national-level data on the depth and breadth of the crisis is unavailable and the situation is still not well understood, we note with concern that if the country continues its current trajectory, especially with respect to the food consumption patterns, it will move beyond crisis into a state of emergency and potentially famine (United Nations, 2022).

Within this context, we recognize and acknowledge the short-term measures adopted to-date by the Government of Sri Lanka to support agriculture; for example, the World Bank and Asian Development Bank assisted the importation of agrochemicals and seed stocks, urea fertilizer was obtained with support from the EXIM Bank of India, and seed paddy supply for the Maha season 2022/2023 is prioritised. This, however, neitherreflects the broader set of urgentconcerns that the sector confrontsnor provides solutions to the overarching problems that we face as a country.

The A Strategy for the Restoration and Rebuilding the Agri-Food Sector of Sri Lanka proposal, submitted by the members of the Faculties of Agriculture of the State Universities of Sri Lanka includes two sections of activities.The first section is an emergency preparedness plan that specifies a list of actionsaddressing four broad areas:(1) immediate food security issuesofInfants (under 5 years of age), adolescent girls, pregnant and lactating mothers, and elderly groups. It recommends a screening process for malnourishment, strengthening pre-school and school lunch programmes, the distribution of dry rations and supplements for particularly vulnerable groups. (2) The estate sector and war-affected areas are identified as a second vulnerable population and recommendations include providing essential nutrients, support with growing food sources for carbohydrate requirements.(3) To support low-income groups, food rationing to ensure equitable distribution, improvements in marketing and distribution channels, encouragement and support of community kitchens,and facilitation of access to emergency funds and foods through the support of private actors, NGOS, foreign sources are recommended. (4) Finally, a series of actions to protect industries that are critically important to the nation’s food supplies and foreign exchange, specifically the rice farmers, export agriculture, and poultry industry are identified. These activities must be complemented by awareness, extension and educational programmes.

The second section of the proposal includes short-, medium- and long-term actions organized by sector (crop, animal, processing and cross-cutting) and identifies the relevant government agencies whose attention is sought in implementing each action.

We note that the problems confronted by society today are a result of a lack of a consistent long-term policy and action programmes for agriculture, which could have prevented a crisis of this nature from occurring. Such a policy must be developed and must include mechanisms to address future crisis situations by effectively using knowledge, other resources, and institutional structures (state and others).

It must use consultative processes in a holistic manner that ensures that a system to address pressing issues, over the long term, in a sustained manner, is developed in which relevant institutions and bodies are represented with nominees identified through proper channels of communication.

We wish to note that the Faculties of Agriculture are committed to addressing the problems faced by the people of this country and will gladly extend support to any follow up actions of the State in implementing this plan.

https://www.dailymirror.lk/businessopinion/Strategy-for-restoration-and-rebuilding-Sri-Lankas-agri-food-sector/306-239476

https://www.srilankachronicle.com

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum