To offset price variations and keep them accessible for customers, Sri Lanka would import 92.1 million eggs from India, the Cabinet spokesman announced on Tuesday.
Cabinet spokesman and minister of mass media Bandula Gunawardena said that the decision was made at a meeting of the Cabinet convened on Monday in this location.
Due to shortages and unstable markets, the State Trading Corporation has asked the government to permit the import of eggs from India. According to Gunawardena, the action is a strategic step to stabilize local egg pricing and protect consumer affordability in Sri Lanka.
He added that quotes have been requested from three Indian businesses that the Department of Animal Products and Health has suggested. The orders are expected to last for three months. Since March, when the island nation experienced severe egg shortages as a result of the FX crisis affecting the supply of animal feed, Sri Lanka has been dependent on eggs from India.
A decision was made to import Indian eggs in response to the emergency. Since March, when the island nation experienced severe egg shortages as a result of the FX crisis affecting the supply of animal feed, Sri Lanka has been dependent on eggs from India. A decision was made to import Indian eggs in response to the emergency.
In order to secure food security in the island nation’s crisis-ridden economy, Sri Lanka imported two million eggs from India in March. By extending credit lines to Sri Lanka, India helped the island nation overcome its economic difficulties and purchase necessary supplies of food and fuel.