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Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
It is one of the main sources of foreign exchange for Sri Lanka and accounts for 2% of GDP, generating roughly $700 million annually to the economy of Sri Lanka. It employs, directly or indirectly over 1 million people, and in 1995 directly employed 215,338 on tea plantations and estates. Sri Lanka is the world's fourth largest producer of tea.
The Department of Agriculture (DOA) functions under the Ministry of Agriculture of Government of Sri Lanka is one of the largest government departments with a high profile community of agricultural scientists and a network of institutions covering different agro ecological regions island wide. DOA focuses on maintaining and increasing ...
Sri Lanka Freedom Party: 29 October 2018: 15 December 2018: Minister of Agriculture P. Harrison: United National Party: 20 December 2018: 21 November 2019: Minister of Agriculture, Rural Economic Affairs, Livestock Development, Irrigation, Fisheries and Aquatic Resources Development Mahindananda Aluthgamage: Sri Lanka Podujana Peramuna: 12 ...
An agriculturist, agriculturalist, agrologist, or agronomist (abbreviated as agr. ) is a professional in the science , practice, and management of agriculture and agribusiness . [ 1 ] It is a regulated profession in Canada, India, the Philippines, the United States, and the European Union.
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]
Hence, a very small proportion of the farmland is solely devoted to livestock production. In Sri Lanka, livestock sector contributes around 1.2% of the national GDP. Livestock is spread throughout all regions of Sri Lanka with concentrations of certain farming systems in particular areas due to cultural, market and agro-climatic reasons.
Melstacorp PLC is a Sri Lankan diversified conglomerate. It is listed in the Colombo Stock Exchange. [3] Melstacorp PLC is one of the 10 largest listed companies. It has a market capitalization of approximately USD 450 million. Deshamanya Harry Jayawardena is the Chairman of the company. [4]