Features
An alternative to inflation?
By Usvatte-aratchi
There is much concern about and discussion over inflation. We all realise that the rapid rise in prices, unmatched by a similar rise in incomes in recent months, creates problems for most of us. On the one hand, that process cuts down our real incomes. My income is Rs.100 a day and the price of mangoes goes up from Rs.25 a piece to Rs.50 a piece; my income falls from four mangoes a day to two mangoes a day. In gross fashion, that is what people are complaining about. On the other hand, all cash holders become poorer as prices rise. I own Rs.1,000 and the price of mangoes is Rs.25 each. So I am 40 mangoes rich one day. The price of mangoes doubles the next day. At Rs.50 a piece I am only 20 mangoes rich the next day, no fault of mine. Inflation makes money holders poorer. That is the second common complaint. Some other strange things happen in inflationary processes but let us not complicate matters for now.
It is common to blame the central bank for ‘printing money’. It is even more fashionable to demand that the central bank should act independently of government. Much ire is expressed at the provision that the Secretary to the Ministry of Finance is a member of the Monetary Board which statutorily controls monetary policy and financial system stability. I want to articulate that these arguments are misguided and that when you consider an alternative to inflation, there is none in our specific circumstances.
Mandate from the electorate
In November 2005, Rajapakse was elected President of the Republic by a very small margin over Wickremasinghe. In 2004 political parties led by UNP leadership lost the majority in Parliament. The loss in 2004 was mostly because Prime Minister Wickremasinghe’s government had followed fiscal policies which did not greatly raise inflationary pressure. That administration did not raise government employment. They kept expenditure on the war under control after having signed a cease-fire agreement (CFA) with the terrorists in the north. In 2005 he lost to President Rajapaksa in that part of the island that mattered because he had signed the CFA and could not match President Rajapaksa in the promises held out for larger expenditure on a variety of programmes including subsidies to the poor. Candidate Wickremsinghe came on the band wagon later competing with Candidate Rajapaksa to raise government expenditure. However, Rajapaksa prevailed on both counts, although by a slim margin. In several districts, President Rajapaksa received close to 60 percent of the votes cast. In Hambantota, Matara and Galle that percentage was close to 70 percent. Among postal voters, mostly civil servants, close to 80 percent voted for Mr.Rajapaksa.
The mandates for President Rajapaksa and his administration were quite clear: they must increase government expenditure and they must prosecute a serious war against terrorists. Now, neither party had put forward proposals as to how this increased expenditure by government both for war and for other purposes was to be met. There was only one newspaper commentator who raised the question at all and nobody cared two hoots for him. No party or candidate raised questions about higher taxes or higher borrowing locally or overseas. All parties, the electorate and university men and women were utterly irresponsible when they failed to consider how these expenses were to be met. It appeared as if resources did not matter. All that was necessary was the will to raise government expenditure and to conduct war against terrorists. Candidate Wickremasinghe was vilified as someone who had sold himself to the ‘international community’ and the LTTE and was too beholden to the IMF and World Bank in matters of economic policy.
Choices available to government
Now the reality is a little bit different from the fancy imaginations of the electorate and the political parties. Government had somehow to get hold of resources to keep the promises made to the electorate. After all, they had been elected on that platform and to go back on them would be both immoral (not that that mattered to our silly politicians) and politically suicidal (that mattered). Government expenditure (in current prices) rose from roughly Rs.600,000 million in 2005 to Rs.900,000 million in 2007, about 50 percent, from 25 percent of GDP in 2005 to 28 percent in 2007. Interest payments rose by about 40 percent and expenditure on defence by about 67 percent between the two years. Salaries and wages bills rose by about 45 percent from 2005 to 2007. Net increase in employment was about 50,000, about 5 percent; most of the increase in expenditure was on higher wages. Subsidy and other benefit payments, in fact, fell by about 7 percent between the two years. President Rajapaksa kept his promise that he would both increase employment as well as prosecute the war with greater vigour. It is these measures that pushed him to seek more resources.
What did that ‘somehow’ comprise? First, government could raise tax revenue. But recall that government had made no such promise to the electorate nor had the electorate demanded such policy. Yet tax revenue was higher in 2006 than in 2005 and was probably higher in 2007 than in 2006. Why could the government not collect more revenue from taxes? Because higher taxes may mean more unemployment in the private sector and that is something the government did not want.
Second: Government could borrow in local and foreign markets. Total outstanding public sector debt rose from Rs. 2.2 billion at the end of 2004 to Rs. 2.7 billion at the end of 2006. Heavier, borrowing entailed higher debt servicing costs. Interest payments in 2007 were higher roughly by 40 percent over 2004. Interest payments on domestic debt in 2007 were higher by about 30 percent and on foreign debt by about 200 percent when compared to 2004. As government borrowed more in the domestic market, money became tight and interest rates climbed in the local market; interest rates on 91-day government bills rose from about 7 percent per year in 2004 to about 17 percent in 2007. Government borrowed heavily from the Central Bank which wanted to accommodate the government. Central Bank’s holdings of government obligations rose from Rs. 109 billion at end 2004 to Rs. 119 billion at end 2006.
Now imagine that the Central Bank did not accommodate the government at lower interest rates than would have prevailed in the market. Imagine further that if the Central Bank had not lent to government, market rates on government paper would have risen perhaps to 20 percent per year. Then loans to business may have hit 35-40 percent per year because of tight conditions in the bond market and the uncertainty that would have come with such interest rates. Two results would have followed: first, cost of government debt would have risen further and the screw on the government budget would have got tighter every year; second, economic activity would have collapsed with high-interest rates robbing much remunerative employment. Among other things, that would have negated the government’s promise to the electorate to raise employment. If government had borrowed overseas, interest payments cost in foreign exchange to government would have been lower. However, there would have been severe speculation against the rupee in foreign exchange markets bringing down the value of the rupee against foreign currencies. Without considering other complications of that result, the rupee cost of servicing the foreign debt perhaps would have been of the same order as if government had borrowed in local markets. That would have raised the volume of rupee resources government needed to service foreign debt. On a balance of considerations, it was prudent for the government to have financed expenditure by borrowing from the central bank, that is by printing money, as it did, causing inflation.
Expenditure without taxation?
What was imprudent was for the electorate to demand higher expenditure without agreeing to be taxed higher. Now, the opposition parties cannot go around the country proclaiming peoples’ sovereignty from one end of their mouth and from the other end demanding that the ruling government renege on the mandate given to them by that same sovereign people. They cannot have it both ways. MPs who crossed over to government do have it both ways: their party proclaims that the government is wrong but they implement that wrong policy and even speak eloquently for it.!
Thirdly, government could borrow from the Central Bank and cause inflation and that is what the government chose to do. Inflation is a form of gaining resources for government without formal taxing or borrowing. And the way government gets hold of those resources is by reducing the real value of cash and cash-like assets that the public hold.
According to my understanding, the Central Bank has no business thwarting a government from implementing a programme of action for which government had received repeated mandates, two years running. If the Central Bank stood in the way of government, the latter had every right to pass legislation to compel the Central Bank to let government have its way. There is no widespread protest against polices of government which have caused high inflation. One cannot protest against inflation without opposing government’s programmes. In my judgment, the Central Bank has acted responsibly.
‘Freedmanites’ may repeat ad nauseam that inflation is always and everywhere a monetary phenomenon. However, if they lift that veil of money they will read in shining bold letters in Chapter 21 of Keynes’ General Theory “When a further increase in the quantity of effective demand produces no further increase in output and entirely spends itself on an increase in the cost-unit fully proportionate to the increase in effective demand, we have reached a condition which might be appropriately designated as one of true inflation’. That increase in effective demand coming from a commitment by government to the public to spend more money is not sensitive to the rate of interest and the central bank loses its weapon to fight inflation.
Independence of the central bank
That lands me exactly in the line of fire from those who argue for a central bank independent of government. They would fire at me bullets made of the independence of central banks in many countries. In all these countries, central banks work as a bank to the banking system with the added responsibility of maintaining both price stability and system stability. The central banks’ main concern there is with financial markets: money markets, where banks and similar other organisations principally trade and money, debt and capital markets, where both financial and real sector operators trade. Governments happen to be one party in the debt market. Those who sell government paper in secondary markets and all who buy them have choices to deal with them as they fit government paper into their portfolios after taking into account the risks and returns from government obligations. Government paper is one of the assets available in the market. Contrast that with the situation in Colombo. There is no corporate debt market. The stock market is puny, thin and illiquid. The Central Bank of Sri Lanka has no modus operandi by which it can work in the money market, as in most other countries, to change prices in debt markets and eventually in capital markets and so influence real sector activity. In Colombo financial markets, there is only one boy in town: government. Total outstanding government debt in the domestic market at end 2006 was Rs. 1,500 billion and market capitalisation of the Colombo Stock Market at end 2006 was Rs.835 billion. He had better be accommodated in the best hotel in town. The Secretary to the Ministry of Finance had better have a seat on the Monetary Board.
Obligation to explain
Let us recall that central banks were not invented to discipline government fiscal policy. In contrast the Bank of England gained its special privileges from William and Mary in 1694 by accommodating their request for money. Central Banks were invented and work to discipline money and debt markets and indirectly capital markets. The discipline of government fiscal policy is the responsibility of elected representatives of the people. If the electorate puts in power a group of people with a mandate to spend without raising taxes, what can a government do but tax them with inflation? What right has a bunch of bureaucrats to stand in the way of a government implementing the mandate it was elected to implement? A central bank can advise but so can the Department of Economics of the University of Colombo or the Chamber of Commerce. And a government with a majority in Parliament is under no obligation to accept anybody’s advice, even if it understood it. Now, an economist may consider it imprudent, but what is an economist or the whole bunch of them counted against the people? Economists and other pundits may argue that the people were misguided or worse in giving that mandate. Then, it is their responsibility to have guided the people. Journalists, academics and economists all fail people when they do not explain these things to the public. Let’s try.
Features
Sri Lanka’s new govt.: Early promise, growing concerns
President Anura Kumara Dissanayake’s demeanour, body language, and speaking style appear to have changed noticeably in recent weeks, a visible sign of embarrassment. The most likely reason is a stark contradiction between what he once publicly criticised and analysed so forcefully, and what his government is actually doing today. His own recent speeches seem to reflect that contradiction, sometimes coming across as confused and inconsistent. This is becoming widely known, not just through social media, YouTube, and television discussions, but also through speeches on the floor of Parliament itself.
Doing exactly what the previous government did
What is now becoming clear is that instead of doing things the way the President promised, his government is simply carrying on with what the previous administration, particularly Ranil Wickremesinghe’s government, was already doing. Critically, some of the most senior positions in the state, positions that demand the most experienced and capable officers, are being filled by people who are loyal to the JVP/NPP party but lack the relevant qualifications and track record.
Such politically motivated appointments have already taken place across various government ministries, some state corporations, the Central Bank, the Treasury, and at multiple levels of the public service. There have also been forced resignations, bans on resignations, and transfers of officials.
What makes this particularly serious is that President Dissanayake has had to come to Parliament repeatedly to defend and “clean up” the reputations of officials he himself appointed. This looks, at times, like a painful and almost theatrical exercise.
The coal procurement scandal, and a laughable inquiry
The controversy around the country’s coal power supply has now clearly exposed a massive disaster: shady tenders, damage to the Norochcholai power plant, rising electricity bills due to increased diesel use to compensate, a shortage of diesel, higher diesel prices, and serious environmental damage. This is a wide and well-documented catastrophe.
Yet, when a commission was appointed to investigate, the government announced it would look into events going back to 2009, which many have called an absurd joke, clearly designed to deflect blame rather than find answers.
The Treasury scandal, 10 suspicious transactions
At the Treasury, what was initially presented as a single transaction, is alleged to involve 10 transactions, and it is plainly a case of fraud. A genuine mistake might happen once or twice. As one commentator said sarcastically, “If a mistake can happen 10 times, it must be a very talented hand.” These explanations are being treated as pure comedy.
Attempts to justify all of this have sometimes turned threatening. A speech made on May 1st by Tilvin Silva is a case in point, crude and menacing in tone.
Is the government losing its grip?
Former Minister Patali Champika has said the government is now suffering from a phobia of loss of power, meaning it is struggling to govern effectively. Other commentators have noted that the NPP/JVP may have taken on a burden too heavy to carry. Political cartoons have depicted the NPP’s crown loaded with coal, financial irregularities, and political appointments, bending under the weight.
The problem with appointing loyalists over qualified professionals
Appointing own supporters to senior positions is not itself unusual in politics. But it becomes a betrayal of public trust when those appointed lack the basic qualifications or relevant experience for the roles they are given.
A clear example is the appointment of the Treasury Secretary, someone who was visible at virtually every NPP election campaign event, but whose qualifications and exposure/experiences may not match the demands of such a critical position. Even if someone has a doctorate or professorship, the key question is whether those qualifications are relevant to the role, and whether that person has the experience/exposure to lead a team of seasoned professionals.
By contrast, even someone without formal academic credentials can succeed if they have the right skills and surround themselves with advisors with relevant exposure. The real failure is when loyalty to a political party overrides all other considerations, that is a fundamental betrayal of responsibility.
The problem is not unique to this government. In 2015, the appointment of Arjuna Mahendran as Central Bank Governor was a similar blunder. His tenure ended in scandal involving insider dealing and bond market manipulation. However, in that case, the funds involved were frozen and later confiscated by the following government, however legally questionable that process was.
The current Treasury losses, by contrast, may be unrecoverable. Critics say getting that money back would be next to impossible.
The broader damage: Demoralisation of capable officials
When loyalists are placed above competent career officials in key positions, it demoralises the best public servants. Some begin to comply in fear; others lose motivation entirely. The professional hierarchy breaks down. Junior officials start looking over their shoulders instead of doing their jobs. This collective dysfunction is ultimately what destroys governments.
Sri Lanka’s pattern: every government falls
This pattern is deeply familiar in Sri Lankan history. The SWRD Bandaranaike government, which swept to power in 1956 on a wave of popular support, had declined badly by 1959. The coalition government, which came to power reducing the opposition to eight seats, lost in 1977, and, in turn, the UNP, which came in on a landslide, in 1977, crushing the SLFP to just eight seats, suffered a similar fate by 1994.
Mahinda Rajapaksa came to power in 2005 by the narrowest of margins, in part because the LTTE manipulated the Northern vote against Ranil Wickremesinghe. But he was re-elected in 2010 on the strength of ending the war against the LTTE. Still, by 2015, he was voted out, because the benefits of winning the war were never truly delivered to ordinary people, and because large-scale corruption had taken root in the meantime. Gotabaya Rajapaksa didn’t even last long enough to see his term end.
Now, this government, too, is showing early signs of the same decline.
The ideological contradiction at the heart of the NPP
There is another challenge: though the JVP presents itself as a left-wing, Marxist-socialist party, many of those who joined the broader NPP coalition, businesspeople, academics, professionals, do not hold such ideological views. Balancing a left-leaning party with a centre-right coalition is extremely difficult. The inevitable tension between the two pulls the government in opposite directions.
The silver lining, however, is that this has produced a growing class of “floating voters”, people not permanently tied to any party, and that is actually healthy for democracy. It keeps governments accountable. Independent election commissions and civil society organisations have a major role to play in informing these voters objectively.
In more developed democracies, voters receive detailed candidate profiles and well-researched information alongside their ballot papers, including, for example, independent expert analyses of referendum questions like drug legalisation. Sri Lanka is still far from that standard. Here, many people vote the same way as their parents. In other countries, five family members might each vote differently without it being a scandal.
Three key ministries, under the President himself, all in trouble
President Dissanayake currently holds three of the most powerful portfolios himself: Defence, Digital Technology, and Finance. All three are now widely seen as performing poorly. Many commentators say the President has “failed” visibly in all three areas. The justifications offered for these failures have themselves become confused, contradictory, and, at times, just plain pitiable.
The overall picture is one of a government that looks helpless, reduced to making excuses and whining from the podium.
A cautious hope for recovery
There are still nearly three years left in this government’s term. There is time to course-correct, if they act quickly. We sincerely hope the government manages to shed this sense of helplessness and confusion, and finds a way to truly serve the country.
(The writer, a senior Chartered Accountant and professional banker, is Professor at SLIIT, Malabe. The views and opinions expressed in this article are personal.)
Features
Cricket and the National Interest
The appointment of former minister Eran Wickremaratne to chair the Sri Lanka Cricket Transformation Committee is significant for more than the future of cricket. It signals a possible shift in the culture of governance even as it offers Sri Lankan cricket a fighting possibility to get out of the doldrums of failure. There have been glorious patches for the national cricket team since the epochal 1996 World Cup triumph. But these patches of brightness have been few and far between and virtually non-existent over the past decade. At the centre of this disaster has been the failures of governance within Sri Lanka Cricket which are not unlike the larger failures of governance within the country itself. The appointment of a new reform oriented committee therefore carries significance beyond cricket. It reflects the wider challenge facing the country which is to restore trust in public institutions for better management.
The appointment of Eran Wickremaratne brings a professional administrator with a proven track record into the cricket arena. He has several strengths that many of his immediate predecessors lacked. Before the ascent of the present government leadership to positions of power, Eran Wickremaratne was among the handful of government ministers who did not have allegations of corruption attached to their names. His reputation for financial professionalism and integrity has remained intact over many years in public life. With him in the Cricket Transformation Committee are also respected former cricketers Kumar Sangakkara, Roshan Mahanama and Sidath Wettimuny together with professionals from legal and business backgrounds. They have been tasked with introducing structural reforms and improving transparency and accountability within cricket administration.
A second reason for this appointment to be significant is that this is possibly the first occasion on which the NPP government has reached out to someone associated with the opposition to obtain assistance in an area of national importance. The commitment to bipartisanship has been a constant demand from politically non-partisan civic groups and political analysts. They have voiced the opinion that the government needs to be more inclusive in its choice of appointments to decision making authorities. The NPP government’s practice so far has largely been to limit appointments to those within the ruling party or those considered loyalists even at the cost of proven expertise. The government’s decision in this case therefore marks a potentially important departure.
National Interest
There are areas of public life where national interest should transcend party divisions and cricket, beloved of the people, is one of them. Sri Lanka cannot afford to continue treating every institution as an arena for political competition when institutions themselves are in crisis and public confidence has become fragile. It is therefore unfortunate that when the government has moved positively in the direction of drawing on expertise from outside its own ranks there should be a negative response from sections of the opposition. This is indicative of the absence of a culture of bipartisanship even on issues that concern the national interest. The SJB, of which the newly appointed cricket committee chairman was a member objected on the grounds that politicians should not hold positions in sports administration and asked him to resign from the party. There is a need to recognise the distinction between partisan political control and the temporary use of experienced administrators to carry out reform and institutional restructuring. In other countries those in politics often join academia and civil society on a temporary basis and vice versa.
More disturbing has been the insidious campaign carried out against the new cricket committee and its chairman on the grounds of religious affiliation. This is an unacceptable denial of the reality that Sri Lanka is a plural, multi ethnic and multi religious society. The interim committee reflects this diversity to a reasonable extent. The country’s long history of ethnic conflict should have taught all political actors the dangers of mobilising communal prejudice for short term political gain. Sri Lanka paid a very heavy price for decades of mistrust and division. It would be tragic if even cricket administration became another arena for communal suspicion and hostility. The present government represents an important departure from the sectarian rhetoric that was employed by previous governments. They have repeatedly pledged to protect the equal rights of all citizens and not permit discrimination or extremism in any form.
The recent international peace march in Sri Lanka led by the Venerable Bhikkhu Thich Paññākāra from Vietnam with its message of loving kindness and mindfulness to all resonated strongly with the masses of people as seen by the crowds who thronged the roadsides to obtain blessings and show respect. This message stands in contrast to the sectarian resentment manifested by those who seek to use the cricket appointments as a weapon to attack the government at the present time. The challenges before the Sri Lanka Cricket Transformation Committee parallel the larger challenges before the government in developing the national economy and respecting ethnic and religious diversity. Plugging the leaks and restoring systems will take time and effort. It cannot be done overnight and it cannot succeed without public patience and support.
New Recognition
There is also a need for realism. The appointment of Eran Wickremaratne and the new committee does not guarantee success. Reforming deeply flawed institutions is always difficult. Besides, Sri Lanka is a small country with a relatively small population compared to many other cricket playing nations. It is also a country still recovering from the economic breakdown of 2022 which pushed the majority of people into hardship and severely weakened public institutions. The country continues to face unprecedented challenges including the damage caused by Cyclone Ditwah and the wider global economic uncertainties linked to conflict in the Middle East. Under these difficult circumstances Sri Lanka has fewer resources than many larger countries to devote to both cricket and economic development.
When resources are scarce they cannot be wasted through corruption or incompetence. Drawing upon the strengths of all those who are competent for the tasks at hand regardless of party affiliation or ethnic or religious identity is necessary if improvement is to come sooner rather than later. The burden of rebuilding the country cannot rest only on the government. The crisis facing the country is too deep for any single party or government to solve alone. National recovery requires capable individuals from across society and from different sectors such as business and civil society to work together in areas where the national interest transcends party politics. There is also a responsibility on opposition political parties to support initiatives that are politically neutral and genuinely in the national interest. Not every issue needs to become a partisan battle.
Sri Lanka cricket occupies a special place in the national consciousness. At its best it once united the country and gave Sri Lankans a sense of pride and international recognition. Restoring integrity and professionalism to cricket administration can therefore become part of the larger task of national renewal. The appointment of Eran Wickremaratne and the new committee, while it does not guarantee success, is a sign that the political leadership and people of the country may be beginning to mature in their approach to governance. In recognising the need for competence, integrity and bipartisan cooperation and extending it beyond cricket into other areas of national life, Sri Lanka may find the way towards more stable and successful governance..
by Jehan Perera
Features
From Dhaka to Sri Lanka, three wheels that drive our economies
Court vacation this year came with an unexpected lesson, not from a courtroom but from the streets of Dhaka — a city that moves, quite literally, on three wheels.
Above the traffic, a modern metro line glides past concrete pillars and crowded rooftops. It is efficient, clean and frequently cited as a symbol of progress in Bangladesh. For a visitor from Sri Lanka, it inevitably brings to mind our own abandoned light rail plans — a project debated, politicised and ultimately set aside.
But Dhaka’s real story is not in the air. It is on the ground.
Beneath the elevated tracks, the streets belong to three-wheelers. Known locally as CNGs, they cluster at junctions, line the edges of markets and pour into narrow roads that larger vehicles avoid. Even with a functioning rail system, these three-wheelers remain the city’s most dependable form of everyday transport.
Within hours of arriving, their importance becomes obvious. The train may take you across the city, but the journey does not end there. The last mile — often the most complicated part — belongs entirely to the three-wheeler. It is the vehicle that gets you home, to a meeting or simply through streets that no bus route properly serves.
There is a rhythm to using them. A destination is mentioned, a price is suggested and a brief negotiation follows. Then the ride begins, edging into traffic that feels permanently compressed. Drivers move with instinct, adjusting routes and squeezing through gaps with a confidence built over years.
It is not polished. But it works.
And that is where the comparison with Sri Lanka becomes less about what we lack and more about what we already have.
Back home, the three-wheeler has long been part of daily life — so familiar that it is often discussed only in terms of its problems. There are frequent complaints about fares, refusals or the absence of meters. More recently, the industry itself has become entangled in politics — from fuel subsidies to regulatory debates, from election-time promises to periodic crackdowns.
In that process, the conversation has shifted. The three-wheeler is often treated as a problem to be managed, rather than a service to be strengthened.
Yet, seen through the experience of Dhaka, Sri Lanka’s system begins to look far more settled — and, in many ways, ahead.
There is a growing structure in place. Meters, while not perfect, are widely recognised. Ride-hailing apps have added transparency and reduced uncertainty for passengers. There are clearer expectations on both sides — driver and commuter alike. Even small details, such as designated parking areas in parts of Colombo or the increasing standard of vehicles, point to an industry slowly moving towards professionalism.
Just as importantly, there is a human element that remains intact.
In Sri Lanka, a three-wheeler ride is rarely just a transaction. Drivers talk. They offer directions, comment on the day’s news, or share local knowledge. The ride becomes part of the social fabric, not just a means of getting from one point to another.
In Dhaka, the scale of the city leaves less room for that. The interaction is quicker, more direct, shaped by urgency. The service is essential, but it is under constant pressure.
What stands out, across both countries, is that the three-wheeler is not a temporary or outdated mode of transport. It is a necessity in dense, fast-growing Asian cities — one that fills gaps no rail or bus system can fully address.
Large infrastructure projects, like light rail, are important. They bring efficiency and long-term capacity. But they cannot replace the flexibility of a three-wheeler. They cannot reach into narrow streets, respond instantly to demand or provide that crucial last-mile connection.
That is why, even in a city that has invested heavily in modern rail, Dhaka still runs on three wheels.
For Sri Lanka, the lesson is not simply about what could have been built, but about what should be better managed and valued.
The three-wheeler industry does not need to be politicised at every turn. It needs steady regulation — clear fare systems, proper licensing, safety standards — alongside encouragement and recognition. It needs to be seen as part of the solution to urban transport, not as a side issue.
Because for thousands of drivers, it is a livelihood. And for millions of passengers, it is the most immediate and reliable form of mobility.
The tuk-tuk may not feature in grand policy speeches or infrastructure blueprints. It does not run on elevated tracks or attract international attention. But on the ground, where daily life unfolds, it continues to do what larger systems often struggle to do — show up, adapt and keep moving.
And after watching Dhaka’s streets — crowded, relentless, yet functioning — that small, three-wheeled vehicle feels less like something to argue over and more like something to get right.
(The writer is an Attorney-at-Law with over a decade of experience specialising in civil law, a former Board Member of the Office of Missing Persons and a former Legal Director of the Central Cultural Fund. He holds an LLM in International Business Law)
by Sampath Perera recently in Dhaka, Bangladesh
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