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Mahatma Gandhi Scholarships awarded to 150 students across Sri Lanka

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The prestigious Mahatma Gandhi Scholarships were awarded to 150 Advanced Level school students from all 25 districts across Sri Lanka by G L Peiris, Minister of Education of Sri Lanka, and High Commissioner Gopal Baglay, at a special ceremony held at the Ministry of Education, on February 11.  

Minister G.L. Pieris in his speech lauded the values of Mahatma Gandhi who lived what he preached and how he fought against the powerful British in the last century using non-violence as a weapon. Sharing his experience of a recent visit to Jaffna and Killinochchi in the Northern Province where he had seen how the different communities live together without differences, he advised the students to follow this principle when they grow up. He thanked the government of India for the help it extends in different fields to Sri Lanka.

Congratulating students for their achievement, High Commissioner assured Sri Lankans in general and young students, in particular, that the Indian people, the Indian Government and the High Commission of India would always stand with them. Drawing parallel between the great Buddha and Mahatma, he stated that the ideals of Mahatma Gandhi still holds good in the fast changing world. Reminding that India and Sri Lanka have close cultural links, he advised the young students to utilize the opportunities available in India, which is a large country in terms of Education as well as career. He expressed confidence that the young students of Sri Lanka would be a great source of strength for both India and Sri Lanka in future.

Apart from Mahatma Gandhi scholarships, the High Commission of India offers around 750 scholarships annually in various fields including Engineering, Technology, Arts, Science, Para-medical courses, Indigenous medicine etc. to Sri Lankan students. Thousands of seats are also on offer for Sri Lankan students in many highly regarded institutions of India under “Study in India”. 

For more details on the scholarship programmes and other educational assistance, please visit the High Commission of India’s website www.hcicolombo.gov.in 



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CBSL and IFC launch National Financial Inclusion Strategy

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Sri Lanka’s first National Financial Inclusion Strategy (NFIS) aunched recently, aims to make financial services more accessible, efficient, and affordable for all households and businesses in the country.

The NFIS is a joint effort led by the Central Bank of Sri Lanka—with technical and financial assistance from IFC, a member of the World Bank Group—under the IFC-DFAT Women in Work program. The development of this strategy was a multi-stakeholder effort supported by the government of Sri Lanka.

“The National Financial Inclusion Strategy symbolizes our country’s commitment towards a better and inclusive Sri Lanka that will benefit all individuals and enterprises. I believe this strategy will complement the Government’s efforts to minimize the provincial income disparities, urban-rural inequalities, and to promote inclusive growth,” said Mahinda Rajapaksa, Prime Minister of Sri Lanka.

“More importantly, this strategy prioritizes future generations, having identified financial literacy as a key pillar. The proposal to strengthen the national curriculum in this area is a positive step. Investing in the education of our younger generation is the most significant investment we can make as a nation, as this will be a particularly helpful approach to the systematic correction of the financial habits of Sri Lankans,” the Prime Minister said.

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HNB – Havelock City partnership offers exclusive Ezy Pay Home Loans facility

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HNB PLC has partnered with Havelock City mixed-use development project to offer prospective homeowners of state-ofthe-art luxury apartments in Stratford and Melford Towers (Phase 3 – COC certified) and Peterson and Edmonton Towers (Phase 4) with the exclusive Ezy Pay Home Loans facility.

The partnership is set to offer customers the unprecedented opportunity to make a payment of only 20% and immediately occupy the limited units available in Phase 3 of the project or invest in apartments available in Phase 4, scheduled to be completed by May 2021. Further, Havelock City will take on the customer’s interest payment for one year.

“We have witnessed an increase in the demand for apartments and are aware that there is a limited stock of units available in the heart of Colombo. Therefore, we hope that this partnership with Havelock City will offer our customers looking to invest in a home of their own the facility to either move into an apartment immediately or invest in a home of their dreams,” HNB Head of Personal Financial Services, Kanchana Karunagama said.

Prospective homeowners can make use the bank’s flexible repayment options, such as the Step-up facility, which offers a repayment option in line with the customers evolving income. Customers can also obtain a maximum repayment period of 25 years for the loan facility for an attractive interest rate starting from just 7%.

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DPL lends a hand to children in Monaragala Rubber Farming Communities

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As part of its ongoing efforts to empower and uplift the livelihood of its farmer co-operative societies, Dipped Products PLC (DPL) distributed school bags to the children of 1,500 smallholder rubber farmers for the 10th consecutive year, under its flagship Firstlight CSR project.

This year’s distribution recorded the largest donation of school bags, which was nearly a two-fold increase from the previous year, bringing the total value of the distribution up to nearly Rs. 1 million.

Taking place at the Pinwatta Bodimalu Viharaya in Medagama, Monaragala, this latest distribution marks the Company’s continued efforts to support the smallholder rubber farming communities, by ensuring that their essential needs are looked after.

“Especially in this time of economic uncertainty, with the nation facing significant challenges and hardships, it is truly touching to see the positive impact which we continue to have on the underprivileged smallholder rubber farming communities. We believe that programmes like Firstlight hold the key to enhancing the livelihoods of our 1500-strong rubber farmers, providing them with an improved quality of life, whilst paving the way to open up new opportunities and a brighter future. This is why, with the enthusiastic response we have received over the years, we have now also expanded this school bag distribution to include the District of Kegalle,” Dipped Products Deputy Managing Director, Pushpika Janadheera said.

 

 

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