The National Federation of Small Tea Estate Owners says the tea industry in Sri Lanka is currently at serious risk due to the reckless decisions of the government regarding fertiliser.
Chairman Nishantha Perera speaking at a media briefing yesterday said although eight million kilograms of tea were auctioned weekly before the fertiliser crisis, it has now reduced to five million kilograms.
Perera said through this the dollar inflow has been affected, as neither organic nor chemical fertiliser is available.
He charged that the manufacturing process has been affected, with nearly three million stakeholders also affected by the drop witnessed at tea auctions.
Perera said Sri Lanka is losing 60% of the USD 1.3 billion that the industry generates annually, owing to the arbitrary decisions of the government.