The Hon. (Dr.) Harshana Suriyapperuma
Loans under the crop-based support mechanism vary by segment, with short-term crops eligible for up to about Rs. 3 million and nurseries for about Rs. 500,000. Dr. Harshana Suriyapperuma said the objective is to help farmers repay on time and avoid defaults, even where guaranteed prices are not available, and that the mechanism is functioning satisfactorily. He added that relevant institutions can discuss remedial arrangements where borrowers face repayment difficulties.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 As with the earlier point, amounts differ by crop segment. For short-term crops, loans can be up to around Rs. 3 million in some cases; for nurseries, around Rs. 500,000. While some crops may not have guaranteed prices, the aim is to support farmers to repay on time and prevent defaults. The mechanism is working satisfactorily. Where borrowers face difficulties, the relevant institutions can discuss appropriate remedial arrangements.
Provenance
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- Hansard, Friday, 23 May 2025 ·No. 1750228312097834 ·English daily/uncorrected Hansard
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Cite as: The Hon. (Dr.) Harshana Suriyapperuma. 10th Parliament, Parliament of Sri Lanka. Hansard, 23 May 2025. No. 1750228312097834. Politick, https://staging.politick.io/lk/speeches/23860