News
Modi to visit Bangladesh this month, will launch more trading points, connectivity projects
BY S. VENKAT NARAYAN,
Our Special Correspondent
NEW DELHI:
Indian Prime Minister Narendra Modi will visit Dhaka on March 26-27 for the centenary celebrations of Sheikh Mujibur Rehman, the father of the nation, the 50th anniversary of the birth of Bangladesh, and five decades of diplomatic ties between India and Bangladesh.
Among the key takeaways from the visit are the launch of more border trading points between the two contiguous neighbours and connectivity projects linking India and Bangladesh.
Ahead of Modi’s visit, External Affairs Minister Subrahmanyam Jaishankar visited Dhaka last Thursday to firm up the agenda and possible deliverables, according to three people familiar with the matter.
Bangladesh is currently India’s biggest trade partner in South Asia. India’s exports to Bangladesh in FY2018-19 stood at $ 9.21 billion and imports from Bangladesh during the same period were $1.04 billion.
Bangladesh marks Modi’s first visit abroad after a year when the Covid-19 pandemic brought all physical trips and meetings to a halt. This underlines the special place the eastern neighbour occupies in New Delhi’s “neighbourhood first” policy.
Ties with Dhaka have been described by officials as the “vital cog” in the “neighbourhood first” initiative. Dhaka is India’s biggest development partner in South Asia. New Delhi extended three lines of credit worth $8 billion in the past eight years for development of roads, railways, shipping, ports and other infrastructure.
Modi will inaugurate more “border haats” or trading markets. Last week, Bangladesh High Commissioner to India Muhammad Imran visited Assam and Meghalaya. In Meghalaya, he discussed the possibility of opening up new trading points along their common border. There are already four such points each in Meghalaya and Tripura.
News
Progress of Housing Project for Malayagam Community families funded by India reviewed
A discussion to review the progress of the housing project under which 4,700 houses are being constructed for the Malayagam community with Indian assistance was held this afternoon (24) at the Presidential Secretariat under the chairmanship of the Chief of Staff to the President, Prabath Chandrakeerthi.
Under this housing programme, 2,026 houses are to be provided to families identified by the National Building Research Institute (NBRI) as being at disaster risk. The remaining houses are expected to be allocated to eligible workers residing in the plantation sector.
Accordingly, the houses will be provided to Malayagam community families living on estates belonging to 22 Regional Plantation Companies, as well as estates under the State Plantations Corporation, Janawasama and Elkaduwa Plantations.
For the construction of each house, the Government of India has allocated Rs. 2.8 million, while the Government of Sri Lanka has contributed Rs. 400,000.
During the discussion, Chandrakeerthi instructed officials to ensure that the housing project is completed before the end of this year. He further directed that land identified for the construction of houses be released without delay and that the National Building Research Institute provide the necessary reports to identify suitable land for the project.
The housing project is being implemented jointly by the Ministry of Plantation and Community Infrastructure, the National Housing Development Authority, the State Engineering Corporation and the Plantation Human Development Trust.
Among those present were Additional Secretary (Development) of the Ministry of Plantation and Community Infrastructure, K. S. Wijayakeerthi; Director General (Engineering), N. D. N. Pushpakumara; Director General (Planning), W. A. K. S. Damayanthi; the Secretary General of the Planters’ Association; and officials from the National Housing Development Authority, the State Engineering Corporation, relevant institutions and plantation companies.
(PMD)
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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 .
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