Latest News
Electricity price slash should result in 20% savings on goods and services
Minister of Power and Energy, Kanchana Wijesekera highlighted that following the revision of electricity prices, there is potential for a reduction of approximately 20% in the prices of goods and services in the market.
The Minister further urged the business community to alleviate the burden on the public by lowering prices, starting from midnight on the day of the electricity price adjustment, coinciding with the reduction in electricity bills.
Addressing the press briefing titled “Collective Path to a Stable Country” held at the President’s Media Centre (PMC) today (16), Wijesekera said that those consuming less than 90 units have benefited the most from the recent electricity tariff revision.
The Minister further elaborated,
The government has decided to revise the electricity tariff every January, April, July, and October each year. Following the price adjustment in March, the Public Utilities Commission (PUCSL) requested a July revision instead of April. Therefore, the new electricity tariff revision will take effect from July 16. The next revision is scheduled for October.
Amid the economic crisis of 2022, bank interest rates soared to 36%. Escalating prices of coal, fuel, and other commodities due to the Russian-Ukrainian war also contributed to the need for an electricity price revision, the first since 2014, which took place in August 2022.
However, this time, there are several key factors contributing to a 22.5% reduction in electricity prices. Notably, there has been significant improvement in the economic situation. Additionally, over the past two years, there has been an increase in rainfall, leading to higher hydropower generation. Renewable energy production has also seen a rise. In April, electricity from the Uma Oya hydropower plant was integrated into the national grid.
Over the last 18 months, the Ceylon Electricity Board (CEB) has diligently worked to reduce operational costs. No new employees have been hired, reducing the workforce from 26,000 to 22,000 employees.
This tariff revision has provided the most relief to consumers using less than 90 units of electricity, particularly benefiting the 79% of households in this category.
During the peak of electricity billing, the production cost per unit was approximately Rs.48.00, which has now decreased to Rs.35.00. A reduction of 25%-26% in electricity prices has been granted to hotels and industries, while religious institutions have seen a 30% decrease across their entire category.
Looking ahead, the key to further reducing electricity tariffs lies in lowering generation costs, which necessitates the rapid establishment of cost-effective power plants. These new facilities are projected to be operational within the next three years, promising additional reductions in electricity charges thereafter.
Currently, there are only 189,000 consumers using more than 180 units of electricity. For those consuming 30 units, the bill amounts to just Rs.290.00, while those using between 1 and 60 units pay around Rs.790.00.
There has been a significant 20% price reduction for factories and small businesses in this electricity tariff revision. Despite this reduction, it appears unlikely that the prices of goods and services, which typically rise on the same night as electricity price hikes, will decrease accordingly. Recently, fuel and kerosene prices have also dropped without leading to lower consumer prices. Therefore, with the substantial decrease in electricity costs this year, we urge the public to take advantage of these savings, with potential for at least a 20% reduction in overall expenses.
During previous electricity price increases, media reports often compared our tariffs with those of neighbouring countries in the region. I encourage the media to now initiate discussions on how this reduction compares with regional electricity prices and emphasize the continuity of electricity supply. Some media and journalists have speculated that this tariff revision was timed due to upcoming elections. However, these policies were formulated back in 2022 through a formal process, resulting from sound policy decisions rather than populist measures. Therefore, I kindly request equal recognition and acknowledgment for the President and the government when electricity prices are reduced.
In the future, we are focusing on implementing an electricity generation plan that emphasizes efficiency and low operating costs. Prior to 2022, the power sector consistently operated at a loss. However, we have achieved operating profits in both 2023 and 2024.
Due to our agreement with the International Monetary Fund (IMF), funding for the CEB from the Treasury has ceased since August of last year. Despite this, through stringent financial discipline, we have successfully steered the CEB into a profitable position. Significant efforts have also been made to repay a substantial portion of the CEB’s debts to other institutions.
Moreover, the government has actively promoted the installation of solar panels to bolster renewable energy adoption. A plan was devised for rooftop solar panels to contribute 150 megawatts annually to the national grid. Thus far, these installations have added 149 megawatts per year to our national grid.
Latest News
BCB removes Nazmul Islam as head of finance committee
The Bangladesh Cricket Board has removed Nazmul Islam as chairman of the board’s finance committee, following the CWAB’s player boycott of cricket in country until he resigns from his position.
“The Bangladesh Cricket Board (BCB) wishes to inform that, following a review of recent developments and in the best interest of the organisation, the BCB President has decided to release Mr. Najmul Islam from his responsibilities as Chairman of the Finance Committee with immediate effect,” the BCB said in a statement.
“The decision has been taken in accordance with the authority vested in the BCB President under Article 31 of the BCB Constitution and is aimed at ensuring the continued smooth and effective functioning of the Board’s affairs. Until further notice, the BCB President will assume the role of Acting Chairman of the Finance Committee.
“The BCB reiterates that the interests of the cricketers remain its highest priority. The Board remains fully committed to upholding the honour and dignity of all players under its jurisdiction.
“In this regard, the BCB hopes that all cricketers will continue to display the highest standards of professionalism and dedication to the betterment of Bangladesh cricket during what is a challenging period for the game, and will do their utmost to ensure continued participation in the Bangladesh Premier League (BPL).”
Both BPL matches on Thursday – the first between Chattogram Royals and Noakhali Express, and the second between Rajshahi Warriors and Sylhet Titans – have been postponed due to the player boycott.
Even though there seemed to be movement on the issues – the BCB agreed to the player body CWAB’s demands and removed Nazmul Islam from his position as head of the board’s finance committee – but it came too late in the day for the matches to go ahead as scheduled. There was no confirmation yet whether the boycott would be called off or not, and whether the BPL matches on Friday would also be impacted.
[Cricinfo]
Latest News
Another crane collapses in Thailand, killing two, after 32 die previous day
A crane collapse has killed two people on the outskirts of Thailand’s capital Bangkok, one day after a falling crane in the country’s northeast killed 32.
Thursday’s accident in Samut Sakhon province involved a crane being used to construct an elevated highway that fell onto the road below, Police Colonel Sitthiporn Kasi, superintendent at the local district police station, told the Reuters news agency. Another police official from the station told Reuters that five people had also been injured in the accident.
Transport Minister Phiphat Ratchakitprakarn said the same building firm was also involved, linking Italian-Thai Development to the country’s second deadly crane collapse in two days, according to local media.
The company was contracted to build a section of a China-backed high-speed rail project where a huge crane collapsed on Wednesday in Nakhon Ratchasima province, northeast of Bangkok.
Local media reported that Thursday’s incident occurred in front of the Paris Inn Garden Hotel. Footage showed clouds of dust and rubble scattered across the site after the crane collapsed.
The Rama II Expressway, the site of the latest accident, hosts several major infrastructure projects, including tollway construction, and has seen several deadly accidents in recent years, earning it the nickname “Death Road”.
On Wednesday, the crane involved was being used to build an elevated track as part of a joint Thai-Chinese high-speed rail project, according to reports. The crane fell onto a moving train below, causing it to derail and briefly catch fire.
[Aljazeera]
Foreign News
India shuts Kashmir medical college – after Muslims earned most admissions
India has shut down a medical college in Indian-administered Kashmir in an apparent capitulation to protests by right-wing Hindu groups over the admission of an overwhelming number of Muslim students into the prestigious course.
The National Medical Commission (NMC), a federal regulatory authority for medical education and practices, on January 6 revoked the recognition of Shri Mata Vaishno Devi Medical Institute (SMVDMI), located in Reasi, a mountainous district overlooking the Pir Panjal range in the Himalayas, which separates the plains of Jammu from the Kashmir valley.
Of the 50 pupils who joined the five-year bachelor’s in medicine (MBBS) programme in November, 42 were Muslims, most of them residents of Kashmir, while seven were Hindus and one was a Sikh. It was the first MBBS batch that the private college, founded by a Hindu religious charity and partly funded by the government, had launched.
Admissions to medical colleges across India, whether public or private, follow a centralised entrance examination, called the National Entrance Examination Test (NEET), conducted by the federal Ministry of Education’s National Testing Agency (NTA).
More than two million Indian students appear for NEET every year, hoping to secure one of approximately 120,000 MBBS seats. Aspirants usually prefer public colleges, where fees are lower but cutoffs for admission are high. Those who fail to meet the cutoff but meet a minimum NTA threshold join a private college.
Like Saniya Jan*, an 18-year-old resident of Kashmir’s Baramulla district, who recalls being overwhelmed with euphoria when she passed the NEET, making her eligible to study medicine. “It was a dream come true – to be a doctor,” Saniya told Al Jazeera.
When she joined a counselling session that determines which college a NEET qualifier joins, she chose SMVDMI since it was about 316km (196 miles) from her home – relatively close for students in Kashmir, who often otherwise have to travel much farther to go to college.
Saniya’s thrilled parents drove to Reasi to drop her off at the college when the academic session started in November. “My daughter has been a topper since childhood. I have three daughters, and she is the brightest. She really worked hard to get a medical seat,” Saniya’s father, Gazanfar Ahmad*, told Al Jazeera.
But things did not go as planned.

As soon as local Hindu groups found out about the religious composition of the college’s inaugural batch in November, they launched demonstrations demanding that the admission of Muslim students be scrapped. They argued that since the college was chiefly funded from the offerings of devotees at Mata Vaishno Devi Temple, a prominent Hindu shrine in Kashmir, Muslim students had “no business being there”.
The agitations continued for weeks, with demonstrators amassing every day outside the iron gates of the college and raising slogans.
Meanwhile, legislators belonging to Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) – which has been accused of pursuing anti-Muslim policies since coming to power in 2014 – even wrote petitions to Kashmir’s lieutenant governor, urging him to reserve admissions in SMVDMI only for Hindu students. The lieutenant governor is the federally appointed administrator of the disputed region.
In the days that followed, their demands escalated to seeking the closure of the college itself.
As the protests intensified, the National Medical Commission on January 6 announced that it had rescinded the college’s authorisation because it had failed to “meet the minimum standard requirements” specified by the government for medical education. The NMC claimed the college suffered from critical deficiencies in its teaching faculty, bed occupancy, patient flow in outpatient departments, libraries and operating theatres. The next day, a “letter of permission”, which authorised the college to function and run courses, was withdrawn.

But most students Al Jazeera talked to said they did not see any shortcomings in the college and that it was well-equipped to run the medical course. “I don’t think the college lacked resources,” Jahan*, a student who only gave her second name, said. “We have seen other colleges. Some of them only have one cadaver per batch, while this college has four of them. Every student got an opportunity to dissect that cadaver individually.”
Rafiq, a student who only gave his second name, said that he had cousins in sought-after government medical colleges in Srinagar, the biggest city in Indian-administered Kashmir. “Even they don’t have the kind of facilities that we had here,” he said.
Saniya’s father, Ahmad, also told Al Jazeera that when he dropped her off at the college, “everything seemed normal”.
“The college was good. The faculty was supportive. It looked like no one cared about religion inside the campus,” he said.
Zafar Choudhary, a political analyst based in Jammu, questioned how the medical regulatory body had sanctioned the college’s authorisation if there was an infrastructural deficit. “Logic dictates that their infrastructure would have only improved since the classes started. So we don’t know how these deficiencies arose all of a sudden,” he told Al Jazeera.
Choudhary said the demand of the Hindu groups was “absurd” given that selections into medical colleges in India are based on religion-neutral terms. “There is a system in place that determines it. A student is supposed to give preference, and a lot of parameters are factored in before the admission lists are announced. When students are asked for their choices, they give multiple selections rather than one. So how is it their fault?” he asked.
Al Jazeera reached out to SMVDMI’s executive head, Yashpal Sharma, via telephone for comments. He did not respond to calls or text messages. The college has issued no public statement since the revocation of its authorisation to offer medical courses.

Meanwhile, students at SMVDMI have packed their belongings and returned home.
Salim Manzoor*, another student, pointed out that Indian-administered Kashmir, a Muslim-majority region, also had a medical college where Hindu candidates are enrolled under a quota reserved for them and other communities that represent a minority in the region.
The BJP insists it never claimed that Muslim students were unwelcome at SMVDMI, but encouraged people to recognise the “legitimate sentiments” that millions of Hindu devotees felt towards the temple trust that founded it. “This college is named after Mata Vaishno Devi, and there are millions of devotees whose religious emotions are strongly attached to this shrine,” BJP’s spokesman in Kashmir, Altaf Thakur, told Al Jazeera. “The college recognition was withdrawn because NMC found several shortcomings. There’s no question of the issue being about Hindus and Muslims.”
Last week, Omar Abdullah, chief minister of Indian-administered Kashmir, announced that SMVDMI students would not be made to “suffer due to NMC’s decision” and they would be offered admissions in other colleges in the region. “These children cleared the National Entrance Examination Test, and it is our legal responsibility to adjust them. We will have supernumerary seats, so their education is not affected. It is not difficult for us to adjust all 50 students, and we will do it,” he said.
Abdullah condemned the BJP and its allied Hindu groups for their campaign against Muslims joining the college. “People generally fight for having a medical college in their midst. But here, the fight was put up to have the medical college shut. You have played with the future of the medical students of [Kashmir]. If ruining the future of students brings you happiness, then celebrate it.”
Tanvir Sadiq, a regional legislator belonging to Abdullah’s National Conference party, said that the university that the medical college is part of received more than $13m in government aid since 2017 – making all Kashmiris, and not donors to the Mata Vaishno Devi shrine – stakeholders. “This means that anyone who is lawfully domiciled in [Indian-administered Kashmir] can go and study there. In a few decades, the college would have churned out thousands of fresh medical graduates. If a lot of them are Muslims today, tomorrow they would have been Hindus as well,” he told Al Jazeera.
Nasir Khuehami, who heads the Jammu and Kashmir Students’ Association, told Al Jazeera the Hindu versus Muslim narrative threatened to “communalise” the region’s education sector. “The narrative that because the college is run by one particular community, only students from that community alone will study there, is dangerous,” he said.
He pointed out that Muslim-run universities, not just in Kashmir but across India, that were recognised as minority institutions did not “have an official policy of excluding Hindus”.
Back at her home in Baramulla, Saniya is worried about her future. “I appeared for a competitive exam, which is one of the hardest in India, and was able to get a seat at a medical college,” she told Al Jazeera.
“Now everything seems to have crashed. I came back home waiting for what decision the government will take for our future. All this happened because of our identity. They turned our merit into religion’
[Aljazeera]
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