header logo
Asia asset finance
Mogo Academy
Latest
Govt to acquire underutilized lands owned by large-scale plantations
Dec 01, 202201:16 PM
Govt to acquire underutilized lands owned by large-scale plantations

A proposal has been submitted to the Cabinet of Ministers pertaining to the acquisition of underutilized lands owned by large-scale plantation companies.

 

This was stated by Plantations Minister Dr. Ramesh Pathirana at the Ministerial Consultative Committee on Plantation Industries held recently.

 

Responding to concerns raised by Opposition Leader Sajith Premadasa regarding the number of lands owned by large-scale companies, Pathirana explained that several such companies no longer plant new plants, but instead maintain the existing cultivation or cut and sell the existing trees, without allowing for even a small extent of land to be utilized for public purposes.

 

Thus, legal measures will be taken in this regard in the future, the minister assured.

 

Premadasa too, assured his party’s full support to draft the necessary laws regarding the government’s acquisition of these underutilized lands.

 

The Opposition Leader further suggested that the lands be given to small-scale tea planters to uplift the country’s tea industry subsequent to the government’s acquisition of them.

 

Issues concerning the adequacy and market prices of tea fertilizers and pesticides and other matters concerning the plantation industry were also discussed.

 

 

 

MostRead
Mobitel 5g
VideoStories
 Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

 “Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

“Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

 Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Dengue cases surge in Sri Lanka with over 40,000 patients recorded this year

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Sri Lanka Navy launches new book showcasing nation’s maritime heritage

Special Dengue Prevention Week in Colombo from June 15 to 21

Special Dengue Prevention Week in Colombo from June 15 to 21

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

“New corruption cases stalled by CIABOC” Joint Opp. seeks meeting with Chairman to raise concerns

Sri Lanka bans export of mineral resources without value addition

Sri Lanka bans export of mineral resources without value addition

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Over 39,000 dengue cases reported islandwide; health officials warn of hospital capacity pressure

Lassana Flora