Rs 1.2 billion for agricultural revival:
Northern food boost helps 30,000 families
*80,000 to 100,000 acres of fresh land to be cultivated for first
time
*Process will soon see revival of agriculture sector in North
Ravi LADDUWAHETTY
Farmer families numbering 30,000 in the four liberated Northern
districts of Mannar, Mullaitivu, Kilinochchi and Vavuniya will engage in
paddy and crop cultivation for the first time in the Maha season of
2011/ 2012, courtesy a Central Bank sponsored loan scheme worth Rs 1.2
billion.
This will also mean that a total extent of 80,000 to 100,000 acres of
fresh land will be cultivated for the first time since the cessation of
hostilities with the resettlement of the Internally Displaced Persons,
barring only a few in the Pudukudirippu area.
The loans, which have been facilitated by the Central Bank will be
disbursed through a private- public sector partnership and the
disbursing banks will be the Bank of Ceylon, People’s Bank, the SANASA
Bank the Hatton National Bank and the Union Bank. “This will be the
first time the farmers of these liberated areas will be going in for
paddy and crop cultivation commencing in September, and we have
identified 30,000 farmer families for the cultivation loan scheme with
the 2010 season being marred by floods,” Central Bank Assistant Governor
(Regional Development) W.M. Karunaratne told the Daily News yesterday.
‘This process will soon see the revival of the agriculture sector in
the North with the farmers not only going in for paddy cultivation but
also subsidiary crops like upcountry vegetables, such as, capsicum,
beetroot, knol khol along with green gram, black gram and maize which
will be grown in the districts of Mullativu, Mannar and Vavuniya.
There will also be a special emphasis for the cultivation of
groundnut in the Mullaitivu District while there will be emphasis of
paddy cultivation in the Mannar district, popularly known as the rice
bowl, he said.
Farmer families numbering 30,000, have been identified by the Central
Bank officials in terms of groups in accordance with the geographical
areas and they will be initially given Rs. 40,000 each worth Rs 1.2
billion for the cultivation at 8% per annum payable over nine months.
There will also be a 8 percent interest subsidiary which will be
provided to the lending banks which will be initiated through the
Treasury through the Central Bank, which will effectively make the loans
at 14 percent, he said.
He said that there will be a total revival of not only the
agricultural sector in the areas of farming, but also dairy development,
animal husbandry and livestock development, fisheries and the small and
medium scale enterprises as well.
‘There will also be the emergence of a whole host of development
activities in the SME sector such as the extraction of oil from gingerly
and ground nut, palmyrah based industries and construction based
industries such as bricks and cement based blocks which will be needed
in the reconstruction of the areas after 30 years of war, along with
other sectors such as vehicle repairs, welding and carpentry, he said.
He also said that this was the first time that the Central Bank
officials had gone to the periphery to identify these farmer groups but
also the groups which are engaged in fisheries, livestock and the SME
sector which will proceed parallely, which will also ensure the food
security while also proceeding to contribute towards the targeted
tripling of the Gross Domestic Product of the North within the next two
years. He also said that the SME sector will also hinge on areas
bordering on the agri-based industries such as oil.
“Whatever the output of the areas will go into the feeding of those
areas and the surplus will be fed into the Dambulla and Colombo Economic
Centres,” he said.
There had been a series of meetings which had begun this year between
the Central Bank officials and the heads of Departments of the line
state agencies such as the Departments of Agriculture, Fisheries, the
National Livestock Development Board and others and later meetings with
the resource personnel associated with those areas which contributed to
the logistics of identifying the farmer families, he said. |