FINANCIAL CHRONICLE — The Sri Lankan government has given its approval for a new national livestock policy, which will replace the existing framework that has been in place for twenty years. Minister Nalinda Jayatissa announced that this policy aims to promote development led by the private sector and enhance market-oriented competitive production.
Jayatissa emphasized the necessity of this policy in response to the challenges posed by food security issues and the evolving dynamics in the livestock sector, influenced by both global and local changes. He explained these updates are essential for adapting to the significant transformations that have occurred in the agricultural landscape over the past two decades.
The newly formulated policy is built upon insights and expertise from local specialists. Furthermore, it introduces strategies to promote sustainable and environmentally responsible practices, while also providing targeted assistance to smallholder farmers and supporting rural livelihoods.
