Sri Lanka to import 1 million eggs daily from India to meet market demand

Public sector trading firm STC chairman Walisundara said it has been decided to import one million eggs daily from five chicken farms in India in order to meet market demand in crisis-hit Sri Lanka

May 30, 2023 06:13 pm | Updated 07:47 pm IST - Colombo

The island nation has been importing eggs from two chicken farms in India, and now three other farms have been green-lighted by its Animal Production Department. Image for representational purposes only.

The island nation has been importing eggs from two chicken farms in India, and now three other farms have been green-lighted by its Animal Production Department. Image for representational purposes only. | Photo Credit: H. Vibhu

Sri Lanka will import one million eggs daily from five chicken farms in India to meet its growing market demand, the crisis-hit island nation’s top importing agency said on May 30.

Sri Lanka State Trading Corporation (STC) chairman Asiri Valisundara said that 20 million eggs had been imported from India, of which 10 million had been released to the market.

The eggs were being imported from two chicken farms in India, and the Animal Production Department has additionally approved the purchase of eggs from three other farms, Mr. Valisundara was quoted as saying by the Colombo Page news portal.

Also Read | On Sri Lanka’s economic crisis and the IMF aid package

He said three officials of the Animal Production Department and the State Trading Corporation had visited poultry farms in India.

The further import of eggs is based on market demand, Mr. Valisundara said, the News First TV station reported.

He added that the imported eggs would be released to bakeries, biscuit manufacturers, catering services and restaurants at a price of රු35 each, the report said.

Also Read | The aftermath of Sri Lanka’s economic crash

Sri Lanka has been facing a severe and unprecedented economic crisis since last year. High inflation has eroded purchasing power, and the livelihoods of many people have been affected, and past development gains have been reversed. The island nation is struggling to normalise its crisis-hit economy after it declared its first-ever debt default in April last year.

Top News Today

Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.