AGRICULTURAL SECTOR: Increase in tea production by 50% until 2029

The government aims to increase sugar production to reach 250,000 tonnes until 2030. To this end, an annual subsidy of Rs 100 million, for the next three years, will be granted for the rehabilitation of 500 hectares of land, belonging to small and medium-sized planters. To increase tea production, a subsidy of 50% of replanting costs, up to a ceiling of Rs 25,000 per acre, will be available to small planters. According to government forecasts, this should result in an increase in tea production of up to 50% until 2029. To promote agroforestry and increase the resilience of forests in the face of climatic hazards, a Forest Bill will be introduced. In the same context, a resource center for researchers and farmers will be set up, to promote the production of healthy food for the local market and the consolidation of food security. The government intends to invest in increasing livestock production. It will thus allocate Rs 45 million for improving the infrastructure of goat, sheep and cattle farms, to increase their breeding capacity. Also with this in mind, Rs 75 million will be allocated to breeders for animal feed. Rs 27 million will be allocated under the Livestock Development Scheme for the purchase of animals, farm equipment and for assistance in accessing veterinary services. Rs 50 million is planned for the construction of a state-of-the-art veterinary center.

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