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Debt-ridden CEB goes ahead with shocking pay hike amidst pandemic

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Workers offered 25% increase this year…12% annually over three-year period
 

By Shamindra Ferdinando

Two days after the Presidential Secretariat stated that the Ceylon Electricity Board (CEB) owed two state banks––Bank of Ceylon and the People’s Bank, a staggering Rs 85 bn, the cash-strapped enterprise announced an annual 12 percent salary increase to its employees.

Vijitha Herath, Chairman, of the CEB, yesterday (15) said that the salary increase in terms of the collective agreement for 2021-2023 period would enable the workers to receive 25 per cent in the first year whereas annually it would be 12 percent over a period of three years.

The ministry said that in spite of severe difficulties caused by the rampaging Covid-19 pandemic, the salary increment was granted in response to workers’ request.

Declaring that the Cabinet and the Board of Directors of the CEB had approved the salary increase, the ministry has sought cooperation of the CEB trade unions to finalise the collective agreement.

The ministry claimed that CEB workers had been granted a spate of privileges not given to other state sector employees hence consensus on collective agreement was expected soon.

The Presidential Secretariat on Sunday explained that one reason for the banking sector crisis was the failure on the part of the Ceylon Petroleum Corporation (CPC) and the CEB to settle Rs 562 bn and Rs 85 bn, respectively.

The Presidential Secretariat issued the statement in the wake of SLPP General Secretary Sagara Kariyawasam, MP, triggering a political storm by demanding Energy Minister Udaya Gammanpila’s immediate resignation over recent increase in fuel prices.

The CEB Chairman also claimed that they had been able to bring down the accumulated losses to Rs 56 bn last year from Rs 97 bn in the previous year.



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Festival advance for government officers to be increased

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In terms of the provisions of the Establishments Code on payment of festival advance to government officers, there’s a possibility of obtaining rupees 10,000/- as an advance for celebrating festivals of Theipongal, Ramazan, Sinhala and Hindu New Year, Wesak, Deepavali, and Christmas as well as for pilgrimages (Sri Paada pilgrimage and Hajj pilgrimage).

Provisions have been given to recover the said advance in 08 installments or if required earlier without interest. It has been proposed by the Budget 2026 to increase the said festival advance up to rupees 15,000/-.

Accordingly, the Cabinet of Ministers granted approval to the proposal submitted by the Minister of Public Administration, Provincial Councils and Local governments to revise the relevant provisions so that the festival advance can be increased up to rupees 15,000/- .

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Providing underutilized lands/properties to suitable investors for optimal utilization.

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As per the approval given by the cabinet meeting held on 02-06-2025, action is being taken at present to offer the underutilized lands/properties of the Sri Lanka State Plantation Corporation, the Janatha Etate Development Board, and the Elkaduwa Plantation Company which are under the Ministry of Plantation and Community Infrastructure which have been identified under stage one  to suitable investors.

Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of  Plantations and Community Infrastructure to provide following lands/properties on a lease basis to the suitable investors for optimal utilization following the prescribed procurement procedure.

• underutilized lands/properties identified under stage two owned by the Sri Lanka State Plantation Corporation, the Janatha Estate Development Board, and the Elkaduwa Plantation
Company,

• The Mawarala watte land and the Tea factory 40.48 hectares in extent, located in Matara District belonging to the Tea Shakthi Fund.

• The underutilized land of 1,541 hectares in extent of Kondachchi Estate is enjoyed by the Sri Lanka Cashew Corporation.

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Implementation of the National Fisheries and Aquaculture Policy

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The drafting of the National Fisheries and Aquaculture Policy has commenced with the objective of equitable distribution of the benefits of the fisheries industry and the sustainable management of fisheries and aquaculture. This policy has been updated from time to time according to current requirements. However, steps have not been taken to obtain the approval of the Cabinet of Ministers for that purpose.

According to the policy declaration of the present government, ‘Vistas of Prosperity and Splendor’ the National Fisheries and Aquaculture Policy has been redrafted, updating the aforementioned policy in line with the economic and development objectives of the government.

The recommendations of the Department of National Planning have been received for the drafted policy.

Accordingly, the Cabinet of Ministers has approved the proposal presented by the Minister of Fisheries, Aquaculture, and Marine
Resources to implement the National Fisheries and Aquaculture Policy, integrating it with other relevant policies.

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