Govt. Revises Relief Terms for Disaster-Affected Businesses 📈

The Sri Lankan Government has issued a new circular updating the one-time grant framework to accelerate the recovery of businesses disrupted by recent disasters. Managed via the Defence Ministry and disbursed through Divisional Secretariats, the relief targets micro, small, and informal sectors to restore livelihoods. • Registered Businesses: Individual, small, and micro businesses registered with the Ministry of Industry or Divisional Secretariats are eligible for a one-time grant of Rs. 200,000 per unit. • Unregistered & Domestic Entities: Unregistered permanent commercial businesses operating from buildings, as well as manufacturing industries and greenhouses, will receive Rs. 50,000 per unit. • Micro-Trade & Mobile Units: Businesses engaged in trade via temporary, mobile, or stationary setups qualify for a grant of Rs. 25,000. • Key Implementation Terms: • Beneficiaries are entitled to only one grant per business unit, even if they meet criteria for multiple categories. • Funding is allocated under Budget Circular No. 08/2025 (Head 103). • This measure aims to formalize support for the informal economy while ensuring efficient fund distribution.