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‘Spending USD 2bn annually to import food deplorable’

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With global food shortage looming and SL’s doller crisis this import cycle no longer possible :
Business
Colombo Hilton and CIC officials at a home gardening ‘demo’ at Colombo Hilton yesterday

Sri Lanka was annually spending around USD 2 billion for food imports and for an Agri based country this is a shameful scenario, said Managing Director CIC Agri Business, Waruna Madawaanachchi, speaking at a home gardening initiative launched by the Hilton Hotels in Sri Lanka.

He said with the global food shortage looming and Sri Lanka’s doller crisis this import cycle is no longer possible and the solution to bridge this gap is growing more in Sri Lanka and also home gardening.

He also said that in addition the cultivable land in Sri Lanka is also fast reducing due to them being used for commercial purposes and housing. To overdone this local Agri sector has to improve yields by increasing productivity via better use of fertiliser and hybrid seeds.

Area General Manager Hilton Hotels in Sri Lanka Manish Fernando said that in a bid to promote home gardening they have already given and keep on giving their staff plant material.

Fernando said that he had worked in many developing countries but most of those countries lacked highly productive land that is available in Sri Lanka. (SS)

 

Wednesday, June 22, 2022 – 01:00











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