Connect with us

News

SJB opposes selling of strategically important State own enterprises

Published

on

SJB Parliamentarian Eran Wickramaratne assured that main opposition was ready with a plan and strategies to implement projects for the wellbeing of the people no sooner it comes to office after elections due shortly. People of this country are eagerly awaiting to oust this government which has no mandate or even proper plan to implement for the country.

Addressing the media at the office of the Leader of Opposition over the last weekend, the former UNP State Minister said that SJB opposes the sale or privatisation of the strategically important SoEs such as CEB and Petroleum Corporation but insists that the monopoly now enjoyed by such SoEs be brought to an end with private sector participation on a competitive market system. The reason for it is, so far attention was paid to make sure the employees’ interest but no government paid its attention to consumer interests.

People do complain that even if there is a surplus of employees in government institutions, they cannot get a service done without paying bribes. We cannot simply reject these allegations as there is no smoke without fire. Most of the SoEs are inefficient and loss making. Now the government has been talking of restructuring them.

“SJB is for restructuring of SoEs. But what is the philosophy for it. If a State organisation is involved in manufacturing goods and services priority should be given to provide quality goods with an efficient and competitive atmosphere to the consumers. Second priority is to protect the rights of employees. Restructuring should be made under a transparent process,” revealed Wikramaratne articulating the SJB policy on SOE restructuring.

He also mentioned that amongst several Expressways that were constructed in the country except one all other projects have been awarded without following proper procurement process of competitive bidding to known persons or companies. Under this context, the people of this country have suspicions of the actions of this government as it has handled major development projects not for the country but for kickbacks.

In the recent past the present government has had discussion with a US firm to bring in investment on energy sector. But it appeared to be a mysterious deal as there is no transparency seen in the transaction.

When we take SriLankan Airlines, its losses runs to more than 400 billion rupees. People of this country maintain this loss making airline with their direct and indirect tax money. SriLankan has under its wing two other sectors that are making profits. Now plans are afoot to privatise those two profit making organizations namely ground handling and SriLankan catering services leaving behind the airline to make further loss.

In 2019 a report was prepared as to how the SriLankan should be restructured. The President’s expert committee on restructuring Sri Lankan Airline headed by Eran Wickramaratne that included Dr. Harsha de Silva and the present CBSL Governor Dr. Nadalal Weerasinghe and few others, recommended that the two other entities that are making profits be made a joint corporate bodies of the SriLankan Airline in order to minimize its losses. The MP said that SJB opposes any effort on the part of this government to split the organization into three and selling off the two profit making institutions separately, making the SriLankan airline incur further losses.

Referring to a recent speech of the President in Parliament, he said that the President implied that if the stock market is to be closed, it could be liquidated. The Country’s Head of State should not make such a statement even for humour. After the statement of the President, Nestlé has decided to withdraw from the stock market after 40 years of investment.

At a time when the investments of other foreign companies should be attracted to the stock market and FDI, if foreign companies withdraw because of such statements, Eran Wickramaratne asked whether this government does not need any foreign investments in this country or is it a ploy to bring in foreign selected investment that would benefit individuals with commissions.



Latest News

Indian Prime Minister Shri Narendra Modi concludes State Visit to Sri Lanka

Published

on

By

Indian Prime Minister Shri Narendra Modi departed today (06) from Air Force Base Anuradhapura concluding his State visit to Sri Lanka. The Indian Premier embarked on a tour to Sri Lanka at the  invitation from President Anura Kumara Disanayake.

This visit underscores the enduring relationship encapsulated by the theme “Friendship of Centuries, Commitment to a Prosperous Future,” further solidifying the bonds between India and Sri Lanka.

This marks Prime Minister Modi’s  fourth visit to Sri Lanka, which has further enhanced the economic, cultural, and historical relations between the two nations, while also reinforcing their multifaceted partnership. This visit by the Indian Prime Minister reinforces Sri Lanka’s important role in India’s “Neighbourhood First Policy” and ‘MAHASAGAR’ vision concerning diplomatic relations.

This state visit is anticipated to yield significant results on various collaborative initiatives, fostering a path towards mutual growth and development. The citizens of Sri Lanka will soon be able to witness the fruitful outcomes of these partnerships, and Indian Prime Minister Shri Narendra Modi’s visit will mark a significant milestone in the government’s pursuit of sustainable development focused on the needs of the people.

Accompanying Indian Prime Minister Modi were Indian External Affairs Minister Dr. S. Jaishankar, National Security Advisor Ajit Doval, Foreign Secretary Vikram Misri and a delegation of senior officials from the Indian government.

[PMD]

Continue Reading

Latest News

President Dissanayake and Indian PM Modi jointly commission upgraded Maho-Omanthai railway line & Maho-Anuradhapura railway signalling system

Published

on

By

The upgraded Maho–Omanthai railway line and the newly installed Maho–Anuradhapura railway signalling system were officially commissioned  by Indian Prime Minister Shri Narendra Modi and President Anura Kumara Disanayake today (06)

The Prime Minister of India is currently visiting Sri Lanka at the invitation of President Anura Kumara Disanayake, reinforcing the longstanding bond encapsulated in the theme “Friendship of Centuries Commitment to a Prosperous Future” between the two nations.

Highlighting one of the key aspects of this visit, the two leaders participated in these inaugural ceremonies. The President and the Prime Minister of India jointly unveiled the commemorative plaque and commissioned  the railway line and signalling system.

The upgraded Maho-Omanthai Railway Line project was carried out with funding through the Indian Credit Line, totalling an investment of US$ 91.27 million.  The Maho–Anuradhapura railway signalling system, established as a result of President Disanayake’s recent visit to India, was funded by the Indian Government at a cost of USD 14.89 million.

[PMD]

 

Continue Reading

Latest News

Prime Minister Modi and President Dissanayake pay homage to the sacred Jaya Sri Maha Bodhi

Published

on

By

Indian Prime Minister Shri Narendra Modi, currently on a State visit to Sri Lanka, along with President Anura Kumara Disanayake paid homage to the sacred Jaya Sri Maha Bodhi in Anuradhapura this morning (06) and received blessings.

Following his visit to the sacred site, Prime Minister Modi proceeded to the Udamaluwa, where he met with the Chief Incumbent of the Atamasthanadhipathi and Chief Sanghanayake of Nuwarakalaviya, Most Venerable Dr. Pallegama Hemarathana Nayaka Thera, for a cordial discussion.

During the meeting, the Prime Minister shared that relics of the Buddha were discovered in excavations conducted in his home state of Gujarat during the 1960s. He further stated that he would discuss with the President of Sri Lanka the possibility of exhibiting these sacred relics in Sri Lanka.

Responding to a request made by the Atamasthanadhipathi to develop Bodh Gaya as a spiritual city, Prime Minister Modi assured that he would take the necessary steps after discussions with President Disanayake and work towards making it a reality.

The Maha Sangha, led by the Atamasthanadhipathi, chanted Seth Pirith and invoked blessings on the Indian Prime Minister.

The Indian Prime Minister also left a commemorative note in the special guest book at the site. In addition, he formally declared open the newly constructed ‘Makara Thorana’ within the Jaya Sri Maha Bodhi premises.

The occasion was also attended by Chief Incumbent of the Ruwanweli Maha Seya Temple Ven. Ethalawetunawewe Gnanathilaka Thera and other Atamasthana Viharadhipathi Theras, Minister of Foreign Affairs, Foreign Employment and Tourism Vijitha Herath, Minister of Trade, Commerce, Food Security and Cooperative Development, Wasantha Samarasinghe, Minister of Health and Mass Media Dr. Nalinda Jayatissa, North Central Province Governor Wasantha Jinadasa, Indian High Commissioner Santosh Jha and others.

[PMD]

Continue Reading

Trending