What Went Wrong
Organic Farming In
Tourism, tea export, apparel, textile, rice production and other agricultural products a
major sectors of Sri Lankan economy
In the year
, during election campaigns, Sri Lankan president
promised to shift from conventional to organic farming within 10 years.
Last year in April, Sri Lankan government imposed
on import & use of synthetic fertilizers & pesticides.
Without any proper planning and execution,
around 2 million farmers
living in the country were left with no choice rather than practicing organic farming.
Rice, tea, rubber, and coconut production suddenly
dropped by around 20 to 30%
leading to increase in prices.
dropped by 18%
from 2021 to 2022 due to sudden ban on synthetic fertilizers & pesticides. It lead to
economic losses of around $425 million
Rice production dropped by around 20%. Earlier
Sri Lanka was self sufficient in rice production
but due to sudden drop it had to import $450 million worth of rice.
Sri Lanka's economic crisis was
not only due to sudden ban
on synthetic fertilizers & pesticides, there were other reasons too.
Tourism sector is the
third largest foreign income generator
for Sri Lanka. Due to Covid-19 outbreak, tourist arrivals from all the top markets dropped from 84% to 100% by 2021.
Large tax cuts
affecting government revenue,
poor investment strategy
in fuel prices
due to Russo-Ukranian war are several other factors responsible for the crisis.
What We Think
To bring any change, first there should be trials on small scale, if the model proves out to be successful then only it should be implemented on a large scale.
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