Cabinet Approves Relief Package for Export Crop Replanting 📈

The Cabinet of Ministers has greenlit a financial relief scheme to restore tea, rubber, and coconut plantations devastated by extreme weather in late 2025. This initiative aims to accelerate the recovery of production capacity and mitigate long-term impacts on export revenues. • Relief Allocation by Sector: Coconut: Up to Rs. 750,000 per hectare (highest compensation tier). Tea: Up to Rs. 500,000 per hectare for affected cultivators. Rubber: Up to Rs. 400,000 per hectare for plantation owners. • Scope of Support: The program targets both smallholders and large estates. It follows previous relief efforts for field crops, vegetables, fruits, and minor export crops (such as pepper, coffee, and cardamom) damaged during the same period. • Economic Context: The Plantation and Community Infrastructure Ministry formulated the package following a detailed Treasury assessment. As these sectors are primary pillars of the agricultural economy, the funding is specifically earmarked for replanting to restore national export stability.