News
Industries grumble over latest electricity tariff hike
By MELKISHIYA ANDREW
ECONOMYNEXT –Energy intensives firms say they are struggling to face the latest electricity tariff hike amid worries over losing competitiveness.
The state-run Ceylon Electricity Board (CEB) has raised the tariff by 66 percent with effect from February 15 after a dragged clash between the CEB and the power regulator, Public Utilities Commission of Sri Lanka (PUCSL).
“Already the Prices are up and we don’t actually know whether we might go for an increment or we are going to stay at the same price for now,” Ishaq Muzzammil, the Managing Director of tile manufacturer Marcopolo told EconomyNext.
“We are already planning out because if you take our category, we are into a high business market product. So, already our prices are expensive compared to the normal tiles. Increasing the prices again is not a good idea. We have to squeeze our margins.”
Analysts say manufacturers of chemicals, iron & steel, food & beverages, cement, tiles, and paper are hit by the latest move very much.Many of the manufacturers cannot pass the price to consumers as disposable income has sharply fallen with the recent tax hike. Increasing prices would discourage customers from buying the products, some manufacturers say.
Lanka Confectionery Manufacturers Association (LCMA) President S.D. Suriyakumar said the latest price hike “will definitely have a direct effect”.
“But we have not yet calculated how it is going to go around. But whatever it is, even if it is going by 10 percent that will definitely have a direct rate effect and a bearing from our operators,” Suriyakumar said.
President Ranil Wickremesinghe’s government already raised electricity prices by more than 60 percent last year to prevent the collapse of loss-making CEB.The latest price hike comes as the CEB raised fixed costs for lower and medium level electricity consumers along with the electricity units.
The tariff hike along with over 80 percent inflation has resulted in a chaotic market in the country as the authorities failed to maintain stable prices of goods and services.
“I can say that the business would collapse,” N.K Jayawardena, President Chairman of the All Ceylon Bakery Owners’ Association told EconomyNext.
“We can’t invest now. We have to borrow to pay such high electricity tariffs. We just have to look at it and see what will happen to us,” Jayawardena said.
The Power & Energy Minister Kanchana Wijesekara on Thursday said the CEB will now ensure uninterrupted power supply as the latest electricity tariff hike has been approved by the regulator the PUCSL.
News
Judicial vacancies: President keeps country guessing
The NPP government has not taken a final decision regarding filling of the vacancies in the judiciary.
A group of Opposition MPs, led by SJB leader Sajith Premadasa, on 12 June, requested Speaker Dr. Jagath Wickremeratne to take up the issue of judicial vacancies with President Dissanayake. Opposition sources said that there were four vacancies, each in the Court of Appeal and the Supreme Court, and the inordinate delay had adversely affected the judiciary.
Government sources indicated that there was no change in the status quo as regards filling of vacancies. Referring to the government proposal to extend the retirement age of judges, authoritative sources said that no final decision had been taken yet.
SJB lawmaker Dayasiri Jayasekera told The Island that they would raise the issue in Parliament this week.
He said that the deliberate delay in making appointments to superior courts and the move to extend the retirement age couldn’t be taken separately.
The MP noted that the Bar Association of Sri Lanka, the Lawyers’ Collective, the Colombo High Court Lawyers’ Association, Colombo Magistrate’s Court Lawyers’ Association and the Bar Association of Badulla had opposed the government move.
There hadn’t been any public statements in support of the government move, MP Jayasekera said, urging the government to end uncertainty in the judiciary.
by Shamindra Ferdinando
News
Sajith calls on Opposition parties to rally around SJB
SJB leader Sajith Premadasa has invited the UNP and other political parties to join his party. Premadasa, who is also the leader of the Opposition, has emphasised that the UNP and the SJB could reach a consensus on policies but his party wouldn’t, under any circumstances, accept whatever formula to share positions. Premadasa said so, speaking to the media over the weekend, after meeting the Mahanayaka Thera of the Malwatta Chapter of the Siyam Nikaya Most Venerable Thibbatuwawe Sri Siddhartha Sumangala Thera.
A statement issued by the Opposition Leader’s Office quoted MP Premadasa as having extended an invitation to all political parties to give up extremist policies and join the SJB.
The SJB leader alleged that the NPP government feared facing elections and that was the reason for the inordinate delay in holding Provincial Council polls. PC polls were last held in 2012, 2013 and 2014, on a staggered basis. Premadasa said that if PC polls were held his party would definitely win the majority of PCs.Premadasa also urged the government to reduce electricity tariffs and fuel prices.
News
Ex-EC Chief slams govt. over PC polls delay
Former Chairman of the Election Commission, Mahinda Deshapriya, on Saturday, strongly criticised the continued postponement of local government elections, declaring that every day without elections constitutes a violation of both the Constitution and democratic principles.
Speaking during an interview with journalist Bhanuka Rajapaksa, on Hiru TV, on Saturday, Deshapriya described the current administration of local government institutions by unelected officials as fundamentally undemocratic and contrary to the spirit of representative governance.
Deshapriya said local authorities, across the country, are presently being managed by secretaries and bureaucrats rather than elected representatives, depriving citizens of their democratic right to be governed by individuals, chosen through the electoral process.
“If the Constitution recognises and provides for local government institutions, then it is the responsibility of the State to ensure that elections are held and that these bodies are administered by representatives, elected by the people,” he said.
Deshapriya rejected attempts to justify the prolonged delay, arguing that responsibility for the situation rests with the government.
He noted that while various political parties have publicly stated their readiness to face elections, the ruling administration possesses the authority to resolve any issues relating to the electoral system.
The former Election Commission chief pointed out that the government enjoyed a two-thirds majority in Parliament, enabling it to enact any legislative amendments required to facilitate the conduct of elections. Instead, he said, successive committees and review processes had been used to postpone a final decision.
He also referred to efforts by opposition legislators who have moved motions seeking to address concerns relating to the electoral framework and expedite the holding of local government polls.
Deshapriya warned that any attempt to appoint a fresh delimitation committee could further delay the electoral process, making it unlikely that local government elections would be held within the current year.
He also dismissed claims that financial constraints have prevented the conduct of elections. Expressing surprise at such assertions, he questioned how funding shortages could be cited as a reason for postponement while expenditure continues in other sectors.
According to Deshapriya, the existence of laws establishing local government institutions imposes an obligation on the State to ensure that those institutions are populated through democratic means.
“The legal framework exists. If elected representatives are not appointed through elections and institutions continue to function under unelected administrators, that is a failure of the State,” he said.
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