Connect with us

News

Labour Dept calls for representation on Central Bank’s Monetary Board for EPF decision-making

Published

on

Commissioner General of Labor, Prabath Chandrakeerthi flanked by Additional Commissioner (Admin) HKKA Jayasundara (Right) and General Manager of the Shramavasana Fund DR Jayalath at the Sectoral Oversight Committee on Foreign Employment and Labour

During a recent session of the Sectoral Oversight Committee on Foreign Employment and Labor in parliament, Department of Labor officials raised concerns about the exclusive decision-making authority of the Central Bank’s Monetary Board over the Employees’ Provident Fund (EPF). Emphasizing the need for the Labor Department’s representation on the Monetary Board, parliament sources said.

The Committee, convened at the parliamentary complex, primarily addressed the significant contribution of informal sector employees to the EPF. Discussions highlighted that approximately 60% of individuals employed in the service sector operate within the informal economy. The committee underscored that channeling contributions to the EPF from this sector could substantially enhance social security provisions for these workers.

Committee revelations unveiled that presently, around eighty thousand organizations are registered with the Department of Labor for EPF payments. However, the Committee Chairman expressed concerns over the insufficient number of registered companies and directed the Department to establish a comprehensive system to identify unregistered entities liable for employee welfare fund contributions.

Under the leadership of SJB MP Hector Appuhami, the Sectoral Oversight Committee on Foreign Employment and Labor convened at the Parliamentary complex. Labor Department officials informed the committee about the initial steps taken towards digitizing their operations. They disclosed plans for implementing a digital platform known as the National Labor Market Information System to collect labor market-related data efficiently.

Discussions within the committee highlighted challenges arising from discrepancies between the Department of Labor’s and the Central Bank’s methodologies. Members recognized potential obstacles in accessing funds and stressed the necessity of devising a more accurate system for inputting membership information.

The session was attended by MPs including Gamini Lokage, Faisal Kasim, Kapila Athukorala, SM Marikkar, Ishaq Rahman, Sahan Pradeep Withana, and Vadivel Suresh.



News

PM Harini leads panel to protect public services

Published

on

Prime Minister Dr Harini Amarasuriya

The newly appointed Cabinet Committee tasked with ensuring the uninterrupted functioning of Sri Lanka’s public service held its inaugural meeting on Thursday (19) at the Presidential Secretariat under the patronage of Prime Minister Dr Harini Amarasuriya.

The Committee convened to discuss strategies to maintain seamless government operations in the face of potential disruptions caused by the ongoing conflict situation in the Middle East, with particular focus on energy resource management.

According to officials, the discussions emphasised sustaining essential government services, ensuring continued service delivery to the public, and addressing the operational challenges faced by public sector employees during the current circumstances. The Committee also examined measures to mitigate any disruptions that could affect day-to-day administrative and service functions across ministries and departments.

Key attendees at the meeting included the Minister of Public Administration, Provincial Councils and Local Government A. H. M. M. H. Abayaratne; Secretary to the President Dr Nandika Sanath Kumanayake; Secretary to the

Prime Minister Pradeep Saputhanthri; Chief of Staff to the President Prabath Chandrakeerthi; and senior secretaries from key ministries including Health and Mass Media, Transport, Highways and Urban Development, Energy, and Digital Economy.

Representatives from state institutions such as the Ceylon Petroleum Corporation were also present, highlighting the government’s focus on energy security as a central priority. The Committee’s deliberations underscored a coordinated approach to balancing uninterrupted public service delivery with effective management of limited energy resources amid the ongoing geopolitical uncertainties.

Observers note that the formation of this Cabinet Committee reflects the government’s proactive stance in safeguarding national administrative functions and ensuring that critical public services remain resilient during times of external pressures.The Committee is expected to meet regularly to monitor developments, evaluate emerging risks, and implement practical measures to maintain operational continuity across the public sector.

Continue Reading

News

Sajith slams President over war conduct and economic missteps

Published

on

Opposition Leader Sajith Premadasa on Friday lashed out at President Anura Kumara Dissanayake in Parliament, accusing him of failing to uphold international law during wartime.

Premadasa said the President’s claim of neutrality ignored breaches of the UN Charter—including Articles 2.4 and 2.7—and other global conventions. “A neutral stance requires openly acknowledging violations,” he argued, criticizing the absence of ethical mechanisms to safeguard international law.

He also questioned the President’s handling of maritime issues, particularly whether Sri Lanka had been informed of the alleged attack on the Iranian vessel IRIS Dena, stressing that the Exclusive Economic Zone (EEZ) permits only peaceful activity.

On the economic front, Premadasa condemned the government for missing a chance to buy Russian oil during a 30-day U.S. sanctions suspension.

He said attempts to advise the Foreign Ministry, including a meeting with the Russian Ambassador, yielded no progress.

Premadasa further ridiculed the government’s earlier dismissal of the QR code fuel system, noting that officials are now adapting to it.

Turning to broader economic concerns, he called for immediate negotiations with the IMF to secure a new agreement, warning that the current primary balance of 2.3 is unsustainable. He stressed the urgent need for a poverty-reduction program, highlighting that one-third of Sri Lankans live in poverty.

He also demanded that surplus Treasury funds be used to support relief packages, arguing billions in reserves could aid households struggling with income shortfalls.Concluding his address, Premadasa criticized the government for failing to prepare for foreseeable crises, leaving the country vulnerable.

Continue Reading

News

Johnston Fernando, sons held in Lanka Sathosa lorry misuse case

Published

on

Former Minister Johnston Fernando, his two sons, and three others were remanded by the Wattala Magistrate’s Court yesterday (20) until April 2, the court confirmed.

The suspects, including Fernando’s elder son Johan, younger son Jerome, and a former transport manager of Lanka Sathosa, are under investigation by the Police Financial Crimes Investigation Division (FCID).

Authorities allege the Lanka Sathosa lorry was misused for operations linked to an ethanol company reportedly owned by Fernando, causing an estimated Rs. 2.5 million loss to the state.

Continue Reading

Trending