News
House committee wants Aswesuma eligibility criteria changed
The Committee on Public Finance instructed the officials of the Welfare Benefits Board to amend the existing criteria to make the Aswesuma Welfare Benefits Payment Scheme more effective, Parliament said.
Since various issues have arisen in relation to the existing 22 criteria used to determine the eligibility of individuals for the current Aswesuma Welfare Benefits Payment Scheme, officials have been instructed to take measures to select future Aswesuma beneficiaries, under a new criteria.
These matters were discussed when the Committee on Public Finance (CoPF), chaired by Member of Parliament Dr. Harsha de Silva, met on 08.01.2026.
At this meeting, the extension of the Aswesuma Welfare Benefits Payment Scheme, declared under Section 9 of the Welfare Benefits Act No. 24 of 2002, as published in the Extraordinary Gazette No. 2467/03 dated 15.12.2025, was considered.
At that point, it was stated that among the categories of transitional, vulnerable, poor and extremely poor beneficiaries who received benefits under the Aswesuma Scheme, the provision of benefits to the transitional category ended on 30 April 2025. Accordingly, officials of the Welfare Benefits Board stated that under the proposed new amendments to the Aswesuma Welfare Benefits Payment Scheme, benefits will be paid to the vulnerable, poor and extremely poor categories. However, considering the potential socio-economic issues that may arise in the future due to unexpected disaster situations, the officials further stated that payments to the vulnerable category, which were scheduled to end on 31.12.2025, are proposed to be extended until June 2026. Furthermore, they informed the Committee that assistance provided to persons with disabilities, persons receiving kidney assistance, and elderly assistance will continue.
During the discussions, the Committee inquired from the officials of the Department of Samurdhi Development regarding the tasks carried out by the Department. The officials stated that necessary activities and projects are being implemented for the systematic empowerment of two million families. The Committee also inquired regarding the annual expenditure incurred for administrative processes, including the payment of salaries of the Department of Samurdhi Development. Accordingly, officials informed the Committee that approximately over Rs. 22 billion is spent annually and that Rs. 27.38 billion has been allocated for the year 2026 for salaries and relevant empowerment activities.
Expressing views at this point, the Chair of the Committee questioned how effective it is to allocate a significantly large sum of money for administrative activities, including salaries, compared to the empowerment activities carried out by the Department of Samurdhi Development. The Chair further questioned whether any post-review or evaluation has been conducted regarding the community development projects implemented by the Department. The officials informed the Committee that no such evaluation has been carried out. Accordingly, the Committee on Public Finance recommended to the Ministry of Finance that all welfare and development programmes carried out by the Department of Samurdhi Development, including all other welfare projects, be subjected to an independent evaluation.
Participating in this meeting were Deputy Ministers Nishantha Jayaweera and (Dr.) Kaushalya Ariyarathne, and Members of Parliament Ravi Karunanayake, Nimal Palihena, Chithral Fernando, Attorney-at-Law, Wijesiri Basnayake, Sunil Rajapaksha, Thilina Samarakoon, and Lakmali Hemachandra, Attorney-at-Law, along with several others.
News
Amendment of the Inland Revenue Act No. 24 of 2017
Approval of the Cabinet of Ministers has been granted at their meeting held on 19.05.2025 in order to introduce amendments to the Inland Revenue Act No. 24 of 2017 including the proposed tax revisions to enhance the tax structure paving way for state financial integrity based on revenue.
Accordingly, the revised draft bill has been prepared by the legal draftsman and clearance of the Attorney General has been received.
Therefore, the Cabinet of Ministers has granted approval for
the resolution furnished by the President in his capacity as the Minister of Finance, Policy Planning and Economic Development to publish the aforementioned draft bill in the government gazette notification and subsequently, forward the same to the Parliament for its concurrence.
News
Cabinet nod for “National Mineral Policy” – 2026
The National Mineral Policy was prepared for the first time in the year 1999, and the aforementioned policy has been amended in 2023 to cover matters such as preparing an updated data system related to mineral resources, adding value to the export of minerals, encouraging mineral-related industrialists, extracting mineral resources and managing the environment sustainably, and resolving the issues related to the ownership of the land arising in extracting mineral resources.
The revised National Mineral Policy has been reupdated in line with the manifesto “A Sustainable Resource Utilization – Generation of the Highest Benefit” under the policy statement of the current government” A Thriving Nation – A Beautiful Life.”
Accordingly, the Cabinet of Ministers has approved the resolution presented by the Minister of Industries and
Entrepreneurship to implement the so-formulated “National Mineral Policy—2026.”
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