Minister of Agriculture Mahindananda Aluthgamage says many projects will be implemented to manufacture seeds required to harvest crops within the country.
Speaking at an event, the Minister said the government spends Rs.2,000 million annually to import 28 types of seeds required to produce food.
Minister Aluthgamage said the Agriculture Ministry reached an agreement with the private sector to manufacture the seeds locally due to increasing prices of the commodity in the world market, making it un-affordable for farmers.
It was also stated that 100g of capsicum seeds sold in the market for Rs.1,330, 100g of leaks seeds for Rs.2,300 and 400g of beetroot seeds for Rs.4,000.
Seed importers have also reached an agreement to reduce the prices of seeds in the market to make it more affordable to farmers.