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Colombo Uni. Muttiah Road Hostel to make way for ‘green patch’ in Slave Island

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UDA awaits Cabinet approval for acquisition

by SURESH PERERA

Amidst protests by the Arts Faculty Teachers’ Association, the Colombo University’s Muttiah Road Hostel for Women and Differently-abled Students, is expected to be acquired to covert the area into what a senior Urban Development Authority (UDA) official described as a “green patch”.

“We have already submitted a proposal to the Cabinet to take over the 2.5 acre land, where the Muttiah Road hostel is situated, in terms of our plans to carve out a ‘green zone’ in Slave Island”, says UDA Director-General, N. P. K. Ranaweera.

Any form of development such as the construction of buildings will not be permitted within the area as what is envisaged is to create a ‘green patch’ encompassing the Beira Lake, the land where the hostel now stands and the Muttiah playground, he noted.

The prime property in question belongs to the government and was given to the Colombo University for hostel accommodation, a senior UDA official in charge of the subject, said.

“There was no payment involved as the Colombo University is also a government institution”, he clarified.

Expressing concern over the move to ‘seize’ the property, the Arts Faculty Teachers’ Association – Colombo University (AFTA-CU), the official trade union of the Faculty of Arts, in a letter to Prime Minister Mahinda Rajapaksa, said the Muttiah Road complex houses more than 550 female students, including differently-abled students, most of whom are from the Faculty of Arts.

As one of the eight permanent hostels of the University of Colombo, its convenient location, capacity to accommodate a considerable number of students, close proximity to the faculty and the safety of the locale makes it an ideal place of residence for students, the AFTA-CU outlined.

“We have already earmarked a two-acre land at Orugodawatte to build a new hostel for the students”, the Director-General said.

On the aspect of convenience as Muttiah Road is centrally located within the city for the students to travel to university, he remarked, “Orugodawatte is not far away for them to travel to Colombo. In many countries, students travel around 15 kilometres to attend campus. In developed countries, most of them cycle the distance”.

The new Orugodawatte hostel plan was endorsed by the University Grants Commission (UGC), Ranaweera continued. “We are awaiting Cabinet approval to go ahead with implementing the project”.

The hostel has also been recently renovated by the University of Colombo to provide better access to the differently-abled students. The hostel facilities serve the neediest students from rural areas and are a vital resource that ensures their uninterrupted education, the AFTA-CU further said in its letter to the premier.

The University of Colombo does not have adequate hostels and is in the process of enhancing the facilities. In light of the government’s plans to increase the annual intake of students to all state universities, this move that will result in curtailing the limited resources available to the university seems counter-intuitive, it said.

Any move to ‘seize’ the property immediately, will not only deprive the needy students of a chance to better education but also endangers their safety amidst the pandemic which makes finding alternative housing nearly impossible, it added.

 

 



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SJB: Excise, FM officials all out to pocket Rs 1 bn

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By Saman Indrajith

Matara District SJB MP Buddhika Pathirana yesterday told Parliament that the Finance Ministry and Excise Department officials had misled Prime Minister Mahinda Rajapaksa and State Minister Ajith Nivard Cabraal in order to obtain billion rupees, fraudulently.

The officials had got a contract for printing stickers or barcodes to be displayed on bottles of liquor awarded to an Indian company.

“The project would result in one-billion-rupee loss to the government coffers annually,” the MP said, adding that the money being taken from the public purse would end up in the pockets of corrupt officials.

Pathirana said that the Excise Department had commenced a project to paste stickers on bottles of liquor to differentiate them from the fake and counterfeit bottles in the market.

“As per this project’s requirements, 32 million stickers would be needed per month. The stickers are to be purchased from Madras Security Printers company of India. This method was proposed in 2016 but it failed and the officials thereafter decided to introduce a barcode system.

“The cost of a sticker at 25 cents and the new barcode system will cost of two rupees a piece. This is a dubious deal. It seems that the Finance Ministry officials and the Excise Department heads have ganged up to give the contract to the Indian company and get commissions. There are many unanswered questions. First, the contract of printing the barcode too has been given to the MSP company, which could not secure the first contract. I want to know whether the proper procurement process has been followed. The second question is whether the barcodes would be up to the standards listed in the tender. Third question is who had selected the MSP company which is black-listed in India after being found guilty of frauds with Indian liquor companies in providing stickers to them. MSP has been blacklisted in many other countries. The company has been banned in Sudan and Liberia for supplying the stickers to private companies. The last question is whether this fraud is being committed with the knowledge of ministers of this government.”

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Reserves fall to lowest since 2009, rupee strengthening to be short-lived: report

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by Sanath Nanayakkare

Sri Lanka’s Foreign reserves had dropped to USD 4.1bn in March 2021, the lowest since August 2009, on the back of over US$ 4bn outstanding debt payment during April-December 2021 period, a report issued by First Capital Research yesterday said.

According to the report, rupee appreciation is likely to be short-lived considering Sri Lanka’s depleting foreign reserve position, high foreign currency debt repayment requirement and limited funding sources available in the market are expected to further increase depreciation pressure on the currency during 2Q and 3Q.

“We maintain our exchange rate target for 1H2021 at Rs. 196-202 with 2021 year-end target at Rs. 205-215 as mentioned in our ‘Investment Strategy 2021 – January 2021,” the report recalls.

“Sri Lankan rupee appreciated 5% against the US dollar over the last 2 market days reversing the continuous accelerated depreciation witnessed in January-April 2021. On 12th April, Sri Lankan rupee recorded a historical low of Rs. 201:1 US$. Ministry of Finance (MoF) reported on the same day that the government of Sri Lanka entered into a loan agreement with the China Development Bank (CDB) for US$ 500mn and MoF expected the funds to be disbursed during the same week. Following the announcement, the market registered a steep appreciation with mid-rate recording at Rs. 190.9 on April 19,” it says.

The total foreign debt repayment (capital and interest) for 2021 is US$ 6 bn, according to the report.

Meanwhile FC Research believes that the temporary appreciation in USD-LKR, may adversely impact earnings of export companies such as Hayleys, Haycarb, Dipped Products, MGT Knitting Mills, Teejay Lanka, Expolanka Holdings etc. in the short term.

“However, considering the potential future currency pressure, we expect an overall depreciation of approximately 12% for the rupee providing a significant gain for companies with foreign currency revenue”, FC research predicts.

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Govt. asks Opposition not to propagate lies

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By Saman Indrajith

Chief Government Whip and Highways Minister Johnston Fernando yesterday accused the Opposition MPs of abusing parliamentary privileges to mislead the public by propagating lies about the Easter Sunday terror attacks. 

Addressing Parliament, Minister Fernando said: “The Opposition MPs level wild allegations in the House knowing that they have the cover of parliamentary privilege. If they have anything substantial or any knowledge of the perpetrators of the Easter attacks still not in custody they can go to the CID and lodge complaints so that such complaints could be investigated.”  

Fernando said so after SJB Galle District MP Manusha Nanayakkara had told the House that he possessed evidence of those who carried out the Easter Sunday terror attacks.

Nanayakkara also said that the facts that he had were not in the report of the Presidential Commission of Inquiry into the Easter Sunday carnage.

“You are making various statements regarding the Easter Sunday terror attacks in the Chamber without any proof because you know that you have Parliamentary privilege. You even quoted some statements which are not included in the PCoI report. How did you obtain such information? Why didn’t you complain about this to the CID in the first place? Your action is aimed at misleading the public,” the Minister said. 

Minister Fernando said that the Opposition should stop insulting Archbishop of Colombo Malcolm Cardinal Ranjith by misinterpreting the latter’s statements. 

“When you are in the Government you never said that this is a Buddhist country. Now you are insulting the Cardinal too. You should not do that,” the Minister said. 

“The former Government should be responsible for the terror attack. Now we are trying to punish those who are responsible for it. We will take action against everyone who is responsible. You should support us, not try to obstruct the on-going investigations,” Minister Fernando said.

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