Govt. to lift ban on Palm Oil cultivation imposed by Gota

12 December 2023 06:11 am - 21 - {{hitsCtrl.values.hits}}

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By Indika Sri Aravinda

Colombo, Dec. 11 (Daily Mirror) - Following the involvement of former Finance Minister Ravi Karunanayake, the government is likely to lift the ban on the cultivation of palm oil imposed by former President Gotabaya Rajapaksa when he was in power in 2021.

Mr. Rajapaksa ordered the ban on the importation of Palm Oil into Sri Lanka and the cultivation of them locally in 2021.

Mr. Karunanayake remarked to the media that permission would be granted to cultivate palm oil. He said this after a meeting with the association of palm oil growers, who pointed out that the livelihood of many people had been affected as a result of the ban imposed during the time of the last government. They said palm oil cultivation could generate more foreign exchange revenue than the entire income from tea and rubber.

According to them, an acre of palm oil cultivation can generate Rs.75,000 a month.

Mr. Karunanayake said the government would consult experts in the field and permit palm oil cultivation in the country once again. He promised growers that he would talk to President Ranil Wickremesinghe and make sure that the ban is lifted in January.

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Comments - 21

Nimal Tuesday, 12 December 2023 06:18 AM

Is palm oil the most important issue? Did not the Central Bank fraud oil your palm and that of the present day pin president? People will not forget these.

Suhadq Tuesday, 12 December 2023 06:20 AM

How could this thieves take decisions on behalf of the Government God save Mr President God Save SriLanka

DOT Tuesday, 12 December 2023 07:07 AM

Teaser Campaign began!

Dilum Tuesday, 12 December 2023 07:42 AM

Just like the foul odour that emanates from palm oil, the people who are propping it up.

Dolly Dias Tuesday, 12 December 2023 08:18 AM

OMG RAVI is back too. Another Bond in the offering I am sure. Dolly

Look at elephants sleeping on railway track! Tuesday, 12 December 2023 08:20 AM

Gotabaya is a wise and honorable man; and so are others with him. There must be very, very valid reasons for banning Palm tree cultivation. Others do not have such level wisdom! What about clearing jungles to cultivate palm trees?

kamal Tuesday, 12 December 2023 09:41 AM

Compared to other liquid oils, palm oil is relatively high in saturated fats. Palm oil is about 49% saturated fat, while olive oil is less than half of that. Saturated fats are linked to an increased risk of heart disease and chronic health conditions.

Waco Tuesday, 12 December 2023 09:47 AM

As far as I am aware Ravi Karunanayake has deep. Rouge. How can he agree to lift the ban , when he is just another civilian. Has Ranil given him a post secretly?

Man Tuesday, 12 December 2023 10:13 AM

He has got his memory back and in order unlike in that court case.

bandula Tuesday, 12 December 2023 11:31 AM

business started

lali Tuesday, 12 December 2023 12:21 PM

Palm oil cultivation create problems for other crops... Also affect water table ... There is some reason cultivation was banned.... Major palm oil production countries are facing immense problem

Podi malli Tuesday, 12 December 2023 01:06 PM

This is like lifting ban on polythene due to the grievances of the people manufacturing polythene bags. We have our traditional coconut oil to be promoted to prevent deforestation.

Katherine Tuesday, 12 December 2023 01:44 PM

This is a Positive approach. We have adequate wet zone lands receiving sufficient rainfall. Palm oil is an important commodity contributing to livehoods of many communities in other part of the world facilitating to GDP of governments and achievements of several Sustanable Developments Goals including of reduction of powerty and hunger, decent work and economic growth.

The Public with Conscience Tuesday, 12 December 2023 01:44 PM

What a shameless gang of politicians! The case for the largest ever financial fraud in the history (bond scam) is being dragged for years without satisfactory progress. When the people chased them away democratically in the election, they have again taken power through back door. The then PM and Finance minister are again involved in managing the country's finances. Where are we as a nation???

NV JEN Tuesday, 12 December 2023 01:46 PM

Like Pohotu worms, the UNP worms also have started coming out of the woods. But be warned that people are wiser now.

BOND CROOKS Tuesday, 12 December 2023 05:45 PM

PALM OIL CULTIVATORS MAY HAVE APPROACHED RAVI AFTER OILING HIS PALM TO GET ROUND RANIL AND EFFECTIVELY CARRY OUT PROPAGANDA TO LIFT BAN ON PALM CULTIVATION. THIS MAN RAVI EARLIER WAS RESPONSIBLE FOR DOING AWAY WITH THE EXCHANGE CONTROL ACT OF 1953 AND SUBSTITUTING WITH AN ACT WHICH WAS DISASTROUS FOR THE COUNTRY.

Vivien De Silva Wednesday, 13 December 2023 03:52 AM

Hora is back again! Bond Yaka! Look at this man face? Looks like Alibaba, the chief of the 40 thieves!

Voter 12 Wednesday, 13 December 2023 05:22 AM

Ravi is only destroying the Global platform Ranil is trying to build for himself on Climate Change and a Tropical environment belt idea.

Dee Wednesday, 13 December 2023 05:58 AM

Ha. Ha. Now Gota is good for our aragalay commentators. We want Gota back! We want Gota back!

Buddhist Wednesday, 13 December 2023 06:15 AM

What percentage did Ravi charge from the industry this time to get the ban lifted?

Waco Wednesday, 13 December 2023 11:06 AM

Palm Oil cultivation should not be allowed in Sri Lanka as well.

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Govt. to lift ban on Palm Oil cultivation imposed by Gota

Comments - 21

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