Increasing paddy productivity for a richer harvest
Daily FT
|September 03, 2025
RICE contributes to around 1.8% of Sri Lanka’s GDP. The reduction in total paddy productivity, leading to reduced total paddy production, has affected the local economy. The country has no other option but to import rice to feed the nation, thereby taking a toll on the national economy.
In 2022, at a time of forex drain, we imported 783,000 metric tons of rice, spending $ 292.5 million. In the following year, due to extreme rainfall, the loss of rice availability led the country to import 167,000 metric tons of rice during the period —4 December 2023 to 10 January 2024. This was mainly done by the private sector, where the government imports amounted to around 4,800 metric tons. The value of total import of rice in 2023 was $ 16.8 million.
In 2024 we produced around 4.7 million metric tons of paddy, generating 3.2 million metric tons of rice (assuming 68% milling outturn as estimated by the Department of Agriculture — DOA). “However, most of the rice millers make this conversion as 62.5% which would indicate the availability of 2.93 million metric tons of rice (without considering the use of rice to other industries, such as animal feed production). The DOA, using data from the Department of Census and Statistics (DCS), considers annual per capita rice consumption as 112.3 kilograms. These values indicate the availability of rice at levels more than the requirement of little over 2.5 million metric tons for human consumption,” says Prof. Marambe.
Rice imported or locally produced is prohibited to be used for any other purpose than for human consumption as per the gazette notifications No. 2285/18 issued on 24 June 2022. However, as Prof. Marambe points out, about 300,000 metric tons of rice (around 440,000 metric tons of paddy) was consumed in 2024 for animal feed production due to shortage of maize produced in the country. “Although use of rice as animal feed especially for the poultry industry will in turn assist in providing the much-needed protein nutrition to Sri Lankans, this has added a massive pressure to paddy production making rice availability less than the requirement.”
Climate change
Dit verhaal komt uit de September 03, 2025-editie van Daily FT.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Daily FT
Daily FT
SEC eases Minimum Public Holding rules for listings via Introductions
Says move aimed at boosting market flexibility
3 mins
January 01, 2026
Daily FT
Govt. unveils National Electricity Policy in push for cost-reflective tariffs, reforms
Energy Ministry invites public consultations on or before 9 January Energy pricing, reforms crucial components of IMF EFF program
3 mins
January 01, 2026
Daily FT
Right of Reply: BPPE responds to PMAC over water contracts
BUSINESS Promoters & Partners Engineering Ltd., (BPPE) has issued the following Right of Reply to the artide headlined RTI exposes irregularities in SL water contracts involving Chinese SOES-PMAC calls for accountability and urgent probe into unsolicited bids and inflated costs published in the Daily FT on 29 November 2025:
1 min
January 01, 2026
Daily FT
Gangaramaya Temple City taking shape to be world-class tourist and cultural hub
Rs. 600 m initiative part of Colombo City Tourism Attraction Enhancement Program being implemented in collaboration with Western Province Governor, UDA, and Gangaramaya Temple/ Sri Jinarathana Adyapana Ayathana Palaka Sabhawa 550-seat performance hall, heritage galleries, exhibition spaces, and outdoor recreational areas designed to host cultural performances, educational workshops, and community events
2 mins
January 01, 2026
Daily FT
Staying competitive by transferring pay risks through performance-based compensation
MY interest in performance-based compensation in Sri Lanka heightened when combating the trickle-down effects of the Global Financial Crisis of 2008 and the end of the civil war in 2009.
9 mins
January 01, 2026
Daily FT
Sri Lanka needs more than transparency to break the cycle of corruption: University of London Economists
SRI Lanka will not escape another cycle of unsustainable public debt if it relies only on transparency and traditional “good governance” reforms without creating real pressure from actors who can enforce rules in their own interest, senior economists from SOAS University of London warned in Colombo last week.
9 mins
January 01, 2026
Daily FT
CCPI remains steady in December
HEADLINE inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), remained steady in December 2025 for the second consecutive month.
1 mins
January 01, 2026
Daily FT
India doubles financial commitment to 3 housing projects in North and South
INDIAN has announced a doubling of financial commitment to three housing projects in the Northern and Southern Provinces.
2 mins
January 01, 2026
Daily FT
New CEO at Siyapatha Finance assumes office today
■Veteran Ananda Seneviratne concludes his tenure as Managing Director
2 mins
January 01, 2026
Daily FT
Rebranding Sri Lanka is a collective responsibility: Booking.com Regional Chief
BOOKING.COM Regional Head for South Asia Santosh Kumar said rebranding Sri Lanka and unlocking its next phase of economic growth will require a collective national effort that goes well beyond Government-led initiatives, stressing that recovery alone is not a long-term strategy for sustainable development.
2 mins
January 01, 2026
Listen
Translate
Change font size

