More money for tea, coconut subsidies

THE Tea Small Holdings Development Authority (TSHDA) has provided Rs. 215.43 million as tea subsidies in 2004. It was 209.47 million in the previous year. A senior official of the TSHDA said there were 14,197 applicants who received replanting subsidies in 2003. It was 12,276 last year. There were no applicants recorded for new planting subsidies last year and in 2003.

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French company to purchase organic products

ONE if the leading French organic product manufacturing companies have decided to purchase raw material from Sri Lanka. The Company, Guayapi Eco France is presently purchasing their products from Brazil and the Amazon forest area.

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