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Harsha predicts 18 % VAT will have devastating effect on farming

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The 18% VAT imposed on agricultural equipment and inputs as well as diesel would have a devastating effect on farming, SJB MP Dr. Harsha de Silva told journalists on Monday.

From 01 January, agricultural machinery and other equipment, including chemical fertiliser previously listed as exempted, would be liable to VAT. Finance Ministry officials had told the Committee on Public Finance (COPF) that dairy products such as liquid milk and eggs would also be subject to VAT, he said.

The MP said that several large scale rice mill owners were encouraging farmers to plant paddy varieties that could be used to produce keeri samba. “The yields of these varieties are 25 percent lower than those of the varieties used to produce samba and nadu, he said.

“We can see the results of this by March 2024,” he said.

MP de Silva said that a future SJB government would not allow a few oligarchs to manipulate key markets. During the Yahapalana government, he had introduced a programme to empower small and medium scale rice mill owners to boost production by giving them interest-free loans and organising them into cooperatives that could compete with large scale rice mills, Dr de Silva said.

The government provided those cooperatives with funds so that they could purchase paddy from the farmers, mill it and resell it to the cooperatives, which sold it to consumers.

“This was called the Shakthi Rice initiative. More than 200 millers and 10,000 farmers were with us. We were able to capture a market share of four percent in the harvest season. But this scheme didn’t go beyond that because Gotabaya Rajapaksa, who came into power the next year, scrapped it. We can only achieve some sort of fairness only if we do something about oligarchs,” he said.

MP de Silva said that in 2022, a family of four could live comfortably with about Rs 90,000, according to the data of the Department of Census and Statistics. Now, it required more than Rs 170,000 to maintain the same standard of living, he said.

“Yes, there are no queues, but the people are much poorer,” he said.

The SJB MP said that Sri Lanka was the only bankrupt Asian country, and it was still in a precarious place.

“India has not gone to the IMF since 1991. We too don’t need to go to the IMF, if we work together according to a well thought-out plan. We need to stop corruption and a plan that links us with international markets,” he said.



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Royal Navy of Oman Vessel “SADH” arrives at Port of Colombo

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The Royal Navy of Oman Vessel “SADH” arrived at the Port of Colombo on a logistics replenishment visit on Tuesday  (10 Feb 26). The Sri Lanka Navy welcomed the visiting ship in
compliance with naval traditions.

The 75m – long ship is commanded by Lieutenant Commander Shaheen Saud Abdul Rahman AI Balushi.

The port call will facilitate professional interaction and goodwill exchanges between the two navies.

During the stay in Colombo, crew members of the ship are expected to visit some tourist attractions in the city of Colombo.

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NPP: Speaker won’t step down, CIABOC can investigate him

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Nihal

* New Auditor General should not have been sworn in before Speaker – Opp.

* Suspended House Dy. Sec. Gen. Chaminda Kularatne takes his case to CA today

General Secretary of the National People’s Power (NPP) Dr. Nihal Abeysinghe yesterday said that there was no need for Speaker Dr. Jagath Wickramaratne to step down in view of the complaint lodged against him with the CIABOC (Commission to Investigate Allegations of Bribery or Corruption).

NPP General Secretary said so in response to The Island query whether the parliamentary group of the ruling party discussed the growing Opposition calls for the Speaker, who is also the Chairman of the Constitutional Council, to step down to facilitate the investigation.

The NPP parliamentary group consists of 159 MPs, including 18 National List (NL) members.

NL member Dr. Abeysinghe asked whether any other person, who had been investigated by the CIABOC, stepped down from his or her position to facilitate the inquiry.

The top official emphasised that the CIABOC could go ahead with its investigation without any hindrance.

Chamindra and Dr. Jagath

Opposition sources said that there hadn’t been a similar situation before and the CIABOC investigation into Speaker Dr. Wickramaratne is unprecedented as he heads the 10-member CC responsible and directly involved in all key appointments, including that of members to the CIABOC.

Sources pointed out that the newly appointed Auditor General, Ms. Samudrika Jayaratne, took the oath of secrecy before the Speaker on 5 February in Parliament after suspended Deputy General Secretary of Parliament Chaminda Kularatne complained to CIABOC.

In accordance with Section 9 of the National Audit Act, No. 19 of 2018, Jayaratne took the oath of secrecy in her capacity as the Auditor General of the National Audit Office and Chairperson of the Audit Service Commission.

Sources said that Kularatne would move the Court of Appeal today (10) against his removal at the behest of the Staff Advisory Committee, headed by the Speaker.

By Shamindra Ferdinando

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Trinco Buddha statue case: All suspects, including 4 monks re-remanded till 11 Feb.

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One of the monks being brought to the Magistrate’s Court

The Trincomalee Magistrate’s Court yesterday (09) further remanded 10 persons, including four Buddhist monks, arrested on 19 January, 2026, for allegedly placing a Buddha statue in the coastal reservation, on 16 January.

The Buddhist monks, including Ven. Balangoda Kassapa Thera, and six other individuals, were further remanded until 11 February.

They have been accused of violating the Coast Conservation Act by placing a Buddha statue on a block of land belonging to the Trincomalee Bodhiraja Temple.

Of the four monks, Ven Balangoda Kassapa Thera and Ven Trincomalee Kalyanawansa Tissa Thera moved the Court of Appeal against the Magistrate’s Court decision. The case was heard on 22 January before a Bench comprising the President of the Court of Appeal, Justice Rohantha Abeysuriya, and Justice K. Priyantha Fernando.

Manohara de Silva, PC, and President’s Counsel Uditha Igalahewa, PC, appearing for the petitioners, urged the Court to take up the matter urgently, describing it as a case of exceptional importance.

However, the Court of Appeal on 3 February dismissed the petitions against the remanding of Ven Balangoda Kassapa Thera and Ven Trincomalee Kalyanawansa Tissa Thera.

The order was issued by the Court of Appeal bench consisting of the President of the Court of Appeal, Justice Rohantha Abesuriya and Justice Priyantha Fernando.

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