News
Bandula claims he never promised to reduce commodity prices
By Sanath Nanayakkare
Trade Minister Bandula Gunawardane said on Monday that never in his lifetime had he told the public that prices of essential commodities would be reduced.
“With my knowledge of economic theory, I would never make such a statement. In fact, I have never uttered the words, ‘essential commodities would be given at a reduced rate,” he said.
“On the contrary, I once said that even the Son of Lord Sakra wouldn’t be able to bring the prices down.
The Minister said so in a talk show hosted by Swarnawahini TV.
When the presenters asked him whether a fuel price hike would be announced shortly, the Minister said “Energy Minister Udaya Gammanpila has told the Cabinet that the Ceylon Petroleum Corporation (CPC) is incurring a loss of Rs. 10,000 million per month. So, there is no other alternative.”
Podujana Peramuna MP Tissa Kuttiarachchi admitted yesterday that people found it hard to bear the cost of living. “We know that the cost of living has soared and some people can’t afford three meals a day. But we are not making populist decisions. What we are doing currently is managing the economy,” he said.
Latest News
Former Minister Wijeyadasa Rajapakshe’s son arrested by CIABOC
It has been reported that Attorney at Law Rakitha Rajapakshe, the son of former Minister of Justice Wijeyadasa Rajapakshe, has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) over alleged links with the underworld.
News
Proposed EPF-ETF merger harmful to private sector workers – FSP
… alleges NPP trying to implement UPFA, UNP plan
Front-line Socialist Party (FSP) yesterday (24) alleged that the NPP government’s move to amalgamate the Employees’ Trust Fund (ETF) and the Employees’ Provident Fund (EPF), under a unified, tripartite governance framework, would be detrimental to the private sector workers.
Addressing the media at Melder Place, Nugegoda, FSP spokesman Duminda Nagamuwa said that the Cabinet of Ministers approved this proposal on 15 June.
Nagamuwa claimed that the NPP was trying to implement what President Mahinda Rajapaksa had sought to do, in 2011, causing the police to open fire on a group of the Export Processing Zone workers, protesting against the move to create a private pension scheme. A worker, identified as Roshen Chanaka, was shot by police on May 30, 2011, and he succumbed to his injuries.
Pointing out that the EPF and the ETF had been established for the benefit of private sector workers but with different objectives, Nagamuwa warned that amalgamation of the two funds could cause unnecessary complications.
The FSP spokesman said that Ravi Karunanayake, in his capacity as the Finance Minister of the Yahapalana government, in late November 2015 had declared their intention to amalgamate the ETF with the EPF.
FSP’s Pubudu Jayagoda told The Island that they expected all political parties, other than the NPP, to disclose their stand on the vital issue. Jayagoda urged the Opposition to take a stand on the vital issue .
By Shamindra Ferdinando
News
Opposition argues that National Environment Amendment Bill is unconstitutional
The Opposition yesterday argued in Parliament that the National Environment Amendment Bill was unconstitutional. The Opposition said that it violated the 13th Amendment.
SJB and Opposition Leader Sajith Premadasa argued that the approval of the Provincial Councils was required for the Bill to go ahead, as it was a subject in the Concurrent List of powers as per the 13th Amendment to the Constitution.
The MP also said that the clause which enables the Central Government to file legal actions against Local Government bodies was unconditional as well, since local bodies are included in the Provincial Councils list.
“How can you go ahead at a time when the Provincial Councils do not function properly,” Premadasa questioned.
ITAK MP P. Sathyalingam also raised the issue, but Speaker Jagath Wickramaratne, who responded, said the MPs could raise the relevant matters during the debate.
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