News
Union Assurance launches industry-first adviser welfare scheme
Union Assurance last week introduced Adviser Welfare Scheme—a pioneering initiative designed to empower and support its adviser network and their families throughout their unique journeys of progress. This first-of-its-kind proposition in the Sri Lankan Life Insurance industry reflects the Company’s unwavering commitment to the well-being of its sales force, offering vital financial assistance during times of need.
The Scheme presents a comprehensive proposition that includes a wide range of benefits, such as coverage for critical illnesses, bereavement support in the event of a spouse’s death, family welfare assistance and scholarships for children, and protection against property damage. By launching this exclusive initiative, Union Assurance aims to instil confidence and resilience in its advisers, enabling them to navigate life’s challenges with greater assurance. Beyond financial support, the Adviser Welfare Scheme also stands as a powerful symbol of solidarity and care of the Company. It represents Union Assurance’s dedication to nurturing a strong internal community by investing in the holistic well-being.
“We firmly believe that our people are the driving force behind our success. The launch of a Welfare Scheme stands as a powerful reflection of our unwavering commitment to support and uplift the individuals who serve our customers with dedication every day,” said Imtiyaz Aniff, Chief Agency Officer of Union Assurance.
“We are also proud to lead the way in setting industry benchmarks for adviser welfare, fostering a culture rooted in care, resilience, and excellence across Sri Lanka’s Life Insurance sector. Combined with our continued investments in world-class rewards, recognition, and comprehensive training and development programmes, our sales force is fully equipped to deliver exceptional service to our customers.”
The Cabinet of Ministers approved the resolution furnished by the Minister of Transport, Highways and Urban Development to accept 08 used low floorboard buses offered as a grant by the Government of Japan.
News
Payment of the financial subsidy for fertilizer to farmers cultivating paddy lands for the Yala season 2026.
While approval has been granted at the Cabinet meeting held on 18.08.2025 to pay the financial subsidy for fertilizer to farmers cultivating paddy lands for the Maha season 2025/26, the programme is planned to be continued for the Yala season 2026 as well.
Accordingly, the Cabinet of Ministers approved the resolution furnished by the Minister of Agriculture, Livestock, Lands and Irrigation to pay a financial subsidy of Rupees 25,000/- per hectare and for a maximum of 02 hectares per farmer for paddy cultivation and to pay Rupees 15,000/- per hectare for field crops cultivated in paddy lands[maximum of 02 hectares per farmer]
News
Ministerial Committee appointed to submit recommendations on proposed program to mitigate loss of crops to wild animals
The rural agricultural livelihood and food security have been severely impacted due to the damage caused by wild animals such as elephants, wild boars, monkeys, toque macaque, squirrels, and peacocks roaming around human habitats and cultivated lands.
Animal-human conflicts and property destruction have mostly been reported around these areas, and serious social and economic issues have also arisen.
Therefore, the Ministry of Agriculture, Livestock, Land, and Irrigation has prepared a comprehensive program based on the opinions of all stakeholders, including the public, university community, farmers’ organizations, environmentalists, non-governmental organizations which work for environmental issues, the Department of Agriculture, the Department of Agrarian Development, and other relevant organizations.
Taking into consideration the report submitted by the Minister of Agriculture, Livestock, Land, and Irrigation, the Cabinet of Ministers has decided to appoint a ministerial committee with the participation of other relevant ministers, chaired by the Minister of Agriculture, Livestock, Land, and Irrigation, to submit appropriate recommendations on how the aforementioned program should be implemented by further reviewing the proposals included in the said program and incorporating new proposals.
Cabinet nod to accept Japanese government grant of 08 used low floorboard buses
Payment of the financial subsidy for fertilizer to farmers cultivating paddy lands for the Yala season 2026.
Ministerial Committee appointed to submit recommendations on proposed program to mitigate loss of crops to wild animals
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Cabinet nod for the removal of Cess tax imposed on imported good
‘Dates have the highest sugar content to fight Coronavirus’
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