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ComBank goes east to Vavunathivu for 2nd Agri Modernisation Village program
Daily FT
|May 22, 2025
THE Commercial Bank of Ceylon has chosen Vavunathivu in the Batticaloa District as its second 'Agri Modernisation Village' in Sri Lanka, following the success of the Bank's pilot Agri Modernisation Village program in Mahilankadu in Kilinochchi.
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Commercial Bank's Agri Modernisation Village Program is an ambitious, village-by-village mission launched to propagate technology in the agriculture sector, encompassing all areas of agricultural potential in the country. It involves facilitating access to advanced techniques such as transplanting, drone application, and climate-resilient crop varieties that lead to increased productivity and profitability; skills development and training; financial inclusion and access to credit via direct engagement with the bank; improved livelihoods though better yields and access to new markets; sustainable practices that ensure the long-term viability of farmer lands; and community support and networking.
This story is from the May 22, 2025 edition of Daily FT.
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