Agri-business

The Union Minister highlighted the Government of India’s steadfast commitment to the growth of Jammu and Kashmir’s livestock and fisheries sectors as engines of rural income and nutritional security.

Formalized under the ICA-EU Financial Framework Partnership Agreement Phase 2, the MoU reflects a shared commitment to elevating smallholder farmers—especially women and youth—as stewards of agricultural transformation.

Emphasising on the extensive involvement of PACS in the food storage scheme, the Union Minister of Cooperation said that it is necessary to make PACS an integral part of this scheme so that the financial viability and social effectiveness of PACS can be ensured.

Through the KCC framework, farmers benefit from revolving credit facilities for up to five years. This flexible structure allows them to draw and repay funds as per their seasonal requirements without having to reapply for loans each season.

Beyond trade, both nations expressed keen interest in enhancing vocational training collaboration, with a specific focus on developing industry-aligned skills for Sri Lankan youth.

The ministry of agriculture and the Indian Council of Agricultural Research (ICAR) will jointly implement the campaign with a broad coalition of stakeholders, including agricultural universities, state government departments, Farmer Producer Organisations (FPOs), and leading progressive farmers.

The municipality has handed over the operation of the ambulance to the cooperative until mid-August. While the vehicle remains property of the local government, the day-to-day operations are fully managed by the Ekata Agricultural Cooperative.

Tourism, one of Sri Lanka’s key economic drivers, is set to receive $200 million. These funds will be used to protect and enhance natural and cultural heritage sites, create employment opportunities, and ensure local communities benefit directly from tourism revenues.