The Government of Japan has provided a grant of Japanese Yen 520 million (approximately Rs 600 million) under its food production grant aid program to purchase agricultural machineries and equipments of Japan for use by underprivileged farmers.
The agricultural machineries and equipments will be made available to the farmers through Agrarian Service Centres of the Department of Agrarian Development, Agrarian Service Centres and Government Seed Farms through the Department of Agriculture. This will facilitate improving the quality of agricultural products of the targeted farmers. Since 1977, Sri Lanka has been a recipient of grant assistance under the food production program annually.
Part of the value of the sales proceeds of the agricultural machineries and equipments will be deposited as counterpart funds which will be utilized for financing of projects aimed at economic and social development including the increase of food production.
The signing of Exchange of Notes pertaining to the above grant took place today at the Ministry of Finance and Planning. Mr. Kaoru Shimazaki, Chargè ď Affaires a.i. of the Embassy of Japan in Sri Lanka signed on behalf of the Government of Japan. A Grant Agreement was also signed between the Government of Sri Lanka and the Japan International Cooperation Agency (JICA). Dr. Atsushi Kaneko, Chief Representative of JICA Sri Lanka Office signed on behalf of JICA. Mr. Sumith Abeysinghe, Secretary, Ministry of Finance and Planning signed both the Exchange of Notes and Grant Agreement on behalf of the Government of Sri Lanka.
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The under privilege farmers will really benefit from this agricultural machineries which will be granted to them. The agricultural machineries and equipments will be made available to the farmers through the able help of its Agrarian Development department which is a clever deed to help this less fortunate farmers.
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