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FUTA asks govt. to stop undermining labour rights, exploiting retirement funds

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The Federation of University Teachers’ Associations (FUTA) on Saturday called on the government to ensure that any far-reaching changes in education policy should only be initiated after obtaining a clear mandate from the people of the country.

A FUTA statement signed by its General Secretary Athulasiri Samarakoon said: The Federation of University Teachers’ Associations (FUTA) strongly condemns the recent actions of the Government; measures to undermine labour rights, cuts to retirement funds and privatization.

The Government is flagrantly insensitive to the pain and suffering of the working people as it takes forward policies that further dispossess them. We condemn the relentless attack on the hard-won democratic rights, undertaken with little consultation of the public and sustained through a systematic and ever-expanding strategy of silencing the citizenry.

The Government has passed a domestic debt restructuring plan in Parliament that directly undermines the retirement funds of working people, who are being asked to absorb the burden of debt that successive governments have wantonly accrued. Left out of such an onslaught are wealthy individuals and financial institutions, whose Treasury Bonds investment will remain untouched.

In contrast, every family who had expected some security from their Employees Provident Fund, Employees Trust Fund and other retirement funds to ensure survival when they can no longer work, have to now grapple with the reality of a bleak future. In addition to over 40 percent loss of the value of their retirement funds last year due to a hugely depreciated rupee and high inflation, and the tremendous rise in cost of living affecting their daily lives, now they will lose close to 50 percent of the future value of their retirement funds over the next 16 years.

The proposed labour law that is being rushed by the government, in the guise of protecting women, makes women’s work even more precarious by introducing provisions that will help employers circumvent maternity benefits and permit “flexible” work that places fewer obligations on employers to ensure the protection of women workers who must work at night.

More broadly, the proposed laws repeal laws that protect workers, facilitating arbitrary terminations, allows ad hoc changes to the compensation payable to them and makes it difficult for workers to join trade unions and take trade union action. In short, the proposed law attacks trade unions, weakens the statutory obligations of employers towards workers and will lead to greater job insecurity and exploitation of workers.

The proposals announced last week by the Parliamentary Select Committee, tasked with expanding higher education opportunities, does nothing to address the crisis that have left Universities struggling to survive, due to drastic funding cuts, bloated intakes prompted by government pressure, and the rampant brain drain; the latter, in particular, caused by the very policies being implemented by this government.

Instead, it chooses to make sweeping changes to higher education that will not only weaken public education, but also increase the public cost of education by subsidising private higher education. We note that embedded in this document is an attack on university teachers, and further note that government has a history of using such attacks to silence those who may resist their “reforms”. These moves to privatise higher education are paralleled by initiatives to privatise many other public services, which are undermining the social contract between the state and the citizens that had been built over the decades since Independence.

These sweeping changes if implemented will affect us, our students, and the public for generations. Yet, little has been done to genuinely consult the people, especially those made most vulnerable because of these changes. Instead, the public is faced with heightened mobilization of security forces, threats of draconian draft laws that criminalise democratic action and deliberate misinterpretation of laws to prevent any form of protest. We are gravely concerned with the path in which the country is headed; one in which democracy, civic engagement, and basic economic and political rights are ignored as being irrelevant and inconsequential.

FUTA has always considered its role as one of working with other movements to safeguard and buttress our democratic system. FUTA demands that the Government ensure that any far-reaching changes in policy are initiated after obtaining a clear mandate from the people of the country.



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CEB engineers raise alarm over power sector stability

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A senior electrical engineers attached to the Ceylon Electricity Board (CEB) have warned that unresolved structural and policy issues within the power sector could threaten the long-term stability of the national grid, urging authorities to act swiftly to address mounting technical and administrative concerns.

Speaking on condition of anonymity, they said the electricity network was operating under increasing strain due to delayed infrastructure upgrades, financial constraints, and growing demand.

“The national grid is not something that can be managed casually. It requires systematic planning, preventive maintenance, and timely investment. If these are compromised, the risk to system stability increases,” the engineers said.

They noted that several transmission and substation modernisation projects were behind schedule, while ageing thermal plants continued to shoulder a significant portion of the country’s base load demand.

“Engineers are committed to ensuring an uninterrupted supply. But professional expertise must be respected in decision-making. Technical matters cannot be subjected to short-term political considerations,” the engineers added.

Meanwhile, the powerful Ceylon Electricity Board Engineers’ Union (CEBEU) echoed similar concerns, warning that failure to address long standing professional and structural issues could have serious consequences for the power sector.

In a statement, the CEBEU has said that engineers have repeatedly called for reforms that safeguard the integrity of the utility and ensure that operational decisions remain grounded in technical evaluation.

“The electricity sector is a critical national asset. Any attempt to weaken institutional safeguards or bypass professional consultation will directly impact service reliability and long-term sustainability,” the union said.

The CEBEU has stressed the importance of transparent engagement between policymakers and technical personnel, noting that morale among engineers could be affected if their concerns continue to go unheard.

Industry analysts point out that the power sector plays a central role in Sri Lanka’s economic recovery efforts, particularly as the country seeks to expand industrial activity and attract investment. Stability in electricity supply remains a key determinant of business confidence.

The senior engineer stressed d that the objective of raising concerns is not confrontation but preservation of the grid’s integrity.

“Our responsibility is to the public. Electricity powers hospitals, industries, and homes. Safeguarding the system is a national duty,” he said.

With tensions simmering within the sector, stakeholders say meaningful dialogue between authorities, engineers, and trade unions will be crucial in ensuring that Sri Lanka’s power infrastructure remains resilient in the face of growing challenges.

By Ifham Nizam

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CB identifies 24 pyramid scams in Sri Lanka

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The Central Bank (CBSL) yesterday announced that investigations had identified 24 companies and applications operating prohibited pyramid schemes.

In a public notice issued under Section 83C of the Banking Act, No. 30 of 1988 (as amended), the CBSL said the following entities had been “ascertained and determined as prohibited schemes”: Tiens Lanka Health Care (Pvt) Ltd, Best Life International (Pvt) Ltd, Mark–Wo International (Pvt) Ltd, V M L International (Pvt) Ltd, Global Lifestyle Lanka (Pvt) Ltd, Fast3Cycle International (Pvt) Ltd, Sport Chain App / Sport Chain ZS Society Sri Lanka, OnmaxDT, MTFE App / MTFE SL Group / MTFE Success Lanka / MTFE DSCC Group, Fastwin (Pvt) Ltd, Fruugo Online App / Fruugo Online (Pvt) Ltd, Ride to Three Freedom (Pvt) Ltd, Qnet / Questnet, Era Miracle (Pvt) Ltd and Genesis Business School, Ledger Block, Isimaga International (Pvt) Ltd, Beecoin App and Sunbird Foundation, Windex Trading, The Enrich Life (Pvt) Ltd, Smart Win Entrepreneur (Pvt) Ltd, Net Fore International (Pvt) Ltd / Netrrix, Pro Care (Pvt) Ltd and Shade of Procare (Pvt) Ltd, SGO / sgomine.com and I.C.A.N Advertising (Pvt) Ltd and its affiliates icanonlineadvertising.com, bannercuts.com, bannercuts.lk, bannercuts.net and bannercuts.org

The CBSL said pyramid schemes, also referred to as multi-level marketing or direct selling schemes in certain instances, operate as recruitment-based programmes in which members enlist others into an expanding “downline” structure resembling a chain letter.

Under such arrangements, a portion of the fees paid by new recruits is channelled upwards to earlier participants, known as the “upline”, who are fewer in number.

The Central Bank warned that such schemes are inherently unsustainable, with the vast majority of participants at the lower tiers eventually losing their investments, while only a small number of early entrants are able to recover or profit from the funds contributed by subsequent recruits. It noted that when a pyramid scheme collapses, up to 99 per cent of those in the lower levels risk losing their money.

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Church urges patience, warns against interference with Easter attacks probe

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Director of Communications for the Archdiocese of Colombo, Rev. Fr. Cyril Gamini Fernando, yesterday expressed confidence that ongoing investigations into the 2019 Easter Sunday terror attacks would yield meaningful results and urged the public and all stakeholders to exercise patience and allow the probe to proceed independently.

Addressing a media briefing in Colombo yesterday, Fr. Fernando called on all parties to refrain from interfering with the investigations, warning that any attempt to obstruct the process would amount to a grave injustice to the victims.

He said he believed there was credible evidence to warrant the arrest of military intelligence veteran Maj. Gen. (Retd.) Suresh Sallay.

Referring to the coordinated bombings on April 21, 2019, which targeted churches and hotels and claimed nearly 300 lives, Fr. Fernando described the attacks as a “barbaric” act and a “massacre” that killed worshippers attending Easter services as well as individuals from different religious and ethnic communities.

By Norman Palihawadane

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