Features
Sri Lanka’s development and big businesses
Anila Dias Bandaranaike, Ph.D.
There is universal agreement that Sri Lanka is in an economic mess on several fronts. Even those in government, playing ostrich until recently, are beginning to articulate this reality. We cannot get out of this mess in a hurry. It will take prioritisation, commitment and time. It will require government, Big Businesses, small businesses and the people, working together in the national interest, to pull us out of it. As to whether that will happen, remains to be seen.
Qualified professionals with knowledge, acumen and experience, have spoken and written in the public domain on addressing our macro-economic problems – slow economic growth, low government revenue, wasteful expenditure, misaligned interest, exchange and tax rates and parlous levels of foreign earnings, reserves and debt. Some have suggested a clear macro-economic path to start the recovery process with debt restructuring. Is anyone listening?
Development Goals vs. Indicators
When the mess gets critical, we lose sight of the forest for the trees. We forget what these economic terms (trees) and statistics are really about. So, focussing on the forest, this article attempts to connect those terms to the human and environmental aspect of this mess.
Sri Lanka has 2 key resources – its people and its environment.
In that context, economic indicators used to measure development – GDP, FDI, export earnings, inflation, exchange and interest rates, foreign reserves and debt – are merely means to an end. That end goal is to improve human well-being, through sustainable development, which protects the environment for future well-being. Economic indicators are just measures of whether Sri Lanka provides adequate jobs, incomes and domestic and foreign goods and services, at reasonable prices, to its people, to improve their well-being. In that process, if all goes well, corporates grow their businesses and shareholders get better returns on their investments.
However, all households have to earn living wages to feed, clothe, house and educate their families and keep secure and healthy. If the majority are struggling to make ends meet, they will leave Sri Lanka, or take to the streets, or plunder the environment for short term gains. Then, businesses suffer from labour shortages, strikes and social instability, governments from low revenue and overall instability and everyone from environmental degradation and inadequate goods and services for their well-being.
In addition to the problems identified by economic indicators (trees), focussing on the forest conveys that Sri Lanka has two more problems. First is Sri Lanka’s severe brain drain. Professionals, skilled and unskilled workers are leaving the country in frustration and despair. Second is under-valuing our fragile biodiversity, resulting in ill-conceived projects destroying it all over Sri Lanka? One example is the Minneriya “Gathering” of elephants. This can earn massive tourism dollars.
Currently however, high water levels, from excess water being diverted from the Moragahakanda irrigation project into Minneriya tank, threatens the “Gathering”. Tourism earnings and other economic benefits from the “Gathering” are estimated to be several orders of magnitude higher than from the irrigation project’s agricultural output. Does government care? Reducing Sri Lanka’s spectacular St. Clair’s waterfall to a trickle, for hydropower, is another example.
So, just as important as regaining macro-economic stability, is the need to value and grow our human and environmental resources.
Environmental Resources
We must recognise and prioritise our incredible marine life, beaches, rainforests, mangroves, wetlands, water-bodies, and the flora and fauna they hold. We must protect them from ill-conceived and damaging construction, landfills, waste-dumping and sand-mining, as well as from over-using, poaching, illicit-logging and deforestation.
Let’s take tourism as an example. Sri Lanka has two strong competitive advantages. First, its biodiversity, just described. Second, its diverse, sophisticated, cuisine – upcountry and low country Sinhala; Northern, Eastern and upcountry Tamil; and Muslim, Malay and Burgher specialities. However, most roads leading to our environmental and culinary treasures cannot handle large coachloads. So, we should target tourist earnings, rather than numbers, and strategise to attract smaller numbers of high-end, high-spending tourists, who love nature, food and new experiences. We should show-case and promote our unique, local cuisine and brews, rather than serve them imported cheese, salmon and wines, which they can get elsewhere. That way, we raise value addition, reduce imports and promote backward linkages.
Innovative entrepreneurs, including foreigners who operate under the radar, are doing just that – offering community and nature-based tourism and local food, from small, exclusive hideaways, at various price levels. But what of our corporates? They build large hotels in resort areas, catering to coachloads of two-week package holidays for Europe’s low-spending workers. When bombs, tsunamis and pandemics occurred, they begged a debt-riddled government for handouts to recoup their ill-thought investments.
Our wild life parks suffer from irresponsible over-crowding and undisciplined safari vehicles. Yet, has the collective corporate voice raised these issues adequately? Government has even sanctioned baby elephants in private captivity for the influential, with little protest from collective Big Business. Tourism is one example, among many.
Human Resources
We urgently need labour market and education system reforms. Labour market reforms must address labour shortages, low wages and inflexible labour laws that hurt both employers and employees. Big Business has not put adequate collective effort into reforming archaic labour laws for longer term benefits, rather choosing, with a short-term horizon, to forever work around them. Education system reforms must address inadequate skills in problem-solving, in language and communication, and in computer use. Big Businesses complain about employee quality, but only some put their money where their mouth is.
Let’s take private company wages as an example. Salaries of the few who meteorically rise, are phenomenal. But for the bulk of qualified young executives, salaries are just about enough to live with their parents and take public transport to work. Can we blame brain drain to greener pastures? What about cutbacks during the pandemic? Many businesses were hit by it. But some – health care, online consumer sales and other online activities – thrived. Although social life was curtailed, none at high income levels suffered any material change in their levels of creature comfort. The worst hit were lower income workers, especially daily wage earners. Some had no work and no income at all. Yet, some big companies, even those which thrived, prioritised their bottom lines, and cut wages and benefits to the most vulnerable.
Big Businesses changing gear and thinking in the longer- term interests of their human resources could mean less focus on the immediate bottom line, as well as paying higher non-regressive taxes and higher living wages, training costs and social security benefits to their employees, if they wish to retain them. There is no easy way out.
Big Business Input
Published national data, on the output and employment structure of the Sri Lankan economy, show that large formal businesses total less than half of Sri Lanka’s economic output and about a third of employment. However, their collective voice wields much more influence than their share of those pies. Government and Big Business need each other to survive and to move forward for their own and the national interest. Hence, the collective voice of Big Business can, if they choose to do so, push for better governance and informed investment and development decisions.
But do they? The last 2021 Budget was clearly a disaster, and later proved itself so. However, at a public webinar, along with corporate leaders, a senior EDB official praised it highly. Yet, he resigned his post very soon thereafter. I was once at a formal reception of big business leaders, where some, who had been poking fun at the Central Bank Governor, fawned over him when he joined their group. I may not have agreed with the Governor’s policies, but he did not deserve such blatant hypocrisy. In the last 15 years, I have not seen the Chambers take a strong collective stand against any ill-conceived government decision on any issue.
One example was the Act allowing government takeover of “Non-Performing” companies. Another is the current foreign exchange debacle. The Central Bank Governor cited exporters not converting their earnings to rupees as the reason why banks are facing exchange shortages which, in turn, affects their ability to open LCs. Export groups publicly denied these allegations, but none bluntly stated the real reason – Central Bank’s unofficial directive to banks to artificially hold the exchange rate at Rs. 203/dollar, when it should be much higher! This ill-conceived directive has also affected migrant worker remittances to Sri Lanka. They now resort to alternate unofficial mechanisms to ensure a realistic conversion rate for their hard-earned dollars sent to Sri Lanka. Will business Chambers speak out, before the Governor cites migrant workers too, like exporters, of being unpatriotic?
If Sri Lanka is to get out of this mess, there has to be a paradigm shift in thinking and action among the Big Business community, away from rent-seeking, to pushing for longer-term collective development that will benefit, not just them, but all stakeholders. Straight talk from Big Business may be the only way to get governments to listen and act. If companies fear to speak out individually because of retaliation from government, they must do so collectively, disagreeing and providing constructive criticism, when necessary, through their various Chambers and other business groups. No government can penalise Big Business working together, without detrimental consequences to itself.
Sri Lanka should focus, in the shorter term, on macro-economic stability, and, as importantly, in the longer term, on safeguarding and growing our human and environmental resources. The Big Business community must collectively push for this, in their own longer-term interests.
The “Road Map” presented recently for Sri Lanka to get out of this mess, was definitely a map – it showed us ALL roads to ALL places. Its presentation of 85 colourful slides, each crammed with graphs, charts and words, only conveyed utter, obfuscating, confusion. If meant to show the way forward, 20 succinct slides could have done it. I sympathise with the officers who were commissioned to prepare that “Road Map”. I hope members of the Big Business community, including business chambers and relevant organisations, will use their influential, collective voice for some straight talk, to help the architects of that “Road Map” find their way back into the light and lead Sri Lanka out of the darkness we are currently in.
(The author retired as Assistant Governor of the Central Bank of Sri Lanka (CBSL) in 2007. As Director of Statistics, CBSL, she spearheaded the compilation of Provincial GDP data and the collection of survey data on living conditions in all nine provinces, following a lapse of 20 years since 1983. From 2015 to 2020, she was a member of the three-member Independent Delimitation Commission)
Features
Lasting solutions require consensus
Problems and solutions in plural societies like Sri Lanka’s which have deep rooted ethnic, religious and linguistic cleavages require a consciously inclusive approach. A major challenge for any government in Sri Lanka is to correctly identify the problems faced by different groups with strong identities and find solutions to them. The durability of democratic systems in divided societies depends less on electoral victories than on institutionalised inclusion, consultation, and negotiated compromise. When problems are defined only through the lens of a single political formation, even one that enjoys a large electoral mandate, such as obtained by the NPP government, the policy prescriptions derived from that diagnosis will likely overlook the experiences of communities that may remain outside the ruling party. The result could end up being resistance to those policies, uneven implementation and eventual political backlash.
A recent survey done by the National Peace Council (NPC), in Jaffna, in the North, at a focus group discussion for young people on citizen perception in the electoral process, revealed interesting developments. The results of the NPC micro survey support the findings of the national survey by Verite Research that found that government approval rating stood at 65 percent in early February 2026. A majority of the respondents in Jaffna affirm that they feel safer and more fairly treated than in the past. There is a clear improving trend to be seen in some areas, but not in all. This survey of predominantly young and educated respondents shows 78 percent saying livelihood has improved and an equal percentage feeling safe in daily life. 75 percent express satisfaction with the new government and 64 percent believe the state treats their language and culture fairly. These are not insignificant gains in a region that bore the brunt of three decades of war.
Yet the same survey reveals deep reservations that temper this optimism. Only 25 percent are satisfied with the handling of past issues. An equal percentage see no change in land and military related concerns. Most strikingly, almost 90 percent are worried about land being taken without consent for religious purposes. A significant number are uncertain whether the future will be better. These negative sentiments cannot be brushed aside as marginal. They point to unresolved structural questions relating to land rights, demilitarisation, accountability and the locus of political power. If these issues are not addressed sooner rather than later, the current stability may prove fragile. This suggests the need to build consensus with other parties to ensure long-term stability and legitimacy, and the need for partnership to address national issues.
NPP Absence
National or local level problems solving is unlikely to be successful in the longer term if it only proceeds from the thinking of one group of people even if they are the most enlightened. Problem solving requires the engagement of those from different ethno-religious, caste and political backgrounds to get a diversity of ideas and possible solutions. It does not mean getting corrupted or having to give up the good for the worse. It means testing ideas in the public sphere. Legitimacy flows not merely from winning elections but from the quality of public reasoning that precedes decision-making. The experience of successful post-conflict societies shows that long term peace and development are built through dialogue platforms where civil society organisations, political actors, business communities, and local representatives jointly define problems before negotiating policy responses.
As a civil society organisation, the National Peace Council engages in a variety of public activities that focus on awareness and relationship building across communities. Participants in those activities include community leaders, religious clergy, local level government officials and grassroots political party representatives. However, along with other civil society organisations, NPC has been finding it difficult to get the participation of members of the NPP at those events. The excuse given for the absence of ruling party members is that they are too busy as they are involved in a plenitude of activities. The question is whether the ruling party members have too much on their plate or whether it is due to a reluctance to work with others.
The general belief is that those from the ruling party need to get special permission from the party hierarchy for activities organised by groups not under their control. The reluctance of the ruling party to permit its members to join the activities of other organisations may be the concern that they will get ideas that are different from those held by the party leadership. The concern may be that these different ideas will either corrupt the ruling party members or cause dissent within the ranks of the ruling party. But lasting reform in a plural society requires precisely this exposure. If 90 percent of surveyed youth in Jaffna are worried about land issues, then engaging them, rather than shielding party representatives from uncomfortable conversations, is essential for accurate problem identification.
North Star
The Leader of the Lanka Sama Samaja Party (LSSP), Prof Tissa Vitarana, who passed away last week, gave the example for national level problem solving. As a government minister he took on the challenge the protracted ethnic conflict that led to three decades of war. He set his mind on the solution and engaged with all but never veered from his conviction about what the solution would be. This was the North Star to him, said his son to me at his funeral, the direction to which the Compass (Malimawa) pointed at all times. Prof Vitarana held the view that in a diverse and plural society there was a need to devolve power and share power in a structured way between the majority community and minority communities. His example illustrates that engagement does not require ideological capitulation. It requires clarity of purpose combined with openness to dialogue.
The ethnic and religious peace that prevails today owes much to the efforts of people like Prof Vitarana and other like-minded persons and groups which, for many years, engaged as underdogs with those who were more powerful. The commitment to equality of citizenship, non-racism, non-extremism and non-discrimination, upheld by the present government, comes from this foundation. But the NPC survey suggests that symbolic recognition and improved daily safety are not enough. Respondents prioritise personal safety, truth regarding missing persons, return of land, language use and reduction of military involvement. They are also asking for jobs after graduation, local economic opportunity, protection of property rights, and tangible improvements that allow them to remain in Jaffna rather than migrate.
If solutions are to be lasting they cannot be unilaterally imposed by one party on the others. Lasting solutions cannot be unilateral solutions. They must emerge from a shared diagnosis of the country’s deepest problems and from a willingness to address the negative sentiments that persist beneath the surface of cautious optimism. Only then can progress be secured against reversal and anchored in the consent of the wider polity. Engaging with the opposition can help mitigate the hyper-confrontational and divisive political culture of the past. This means that the ruling party needs to consider not only how to protect its existing members by cloistering them from those who think differently but also expand its vision and membership by convincing others to join them in problem solving at multiple levels. This requires engagement and not avoidance or withdrawal.
by Jehan Perera
Features
Unpacking public responses to educational reforms
As the debate on educational reforms rages, I find it useful to pay as much attention to the reactions they have excited as we do to the content of the reforms. Such reactions are a reflection of how education is understood in our society, and this understanding – along with the priorities it gives rise to – must necessarily be taken into account in education policy, including and especially reform. My aim in this piece, however, is to couple this public engagement with critical reflection on the historical-structural realities that structure our possibilities in the global market, and briefly discuss the role of academics in this endeavour.
Two broad reactions
The reactions to the proposed reforms can be broadly categorised into ‘pro’ and ‘anti’. I will discuss the latter first. Most of the backlash against the reforms seems to be directed at the issue of a gay dating site, accidentally being linked to the Grade 6 English module. While the importance of rigour cannot be overstated in such a process, the sheer volume of the energies concentrated on this is also indicative of how hopelessly homophobic our society is, especially its educators, including those in trade unions. These dispositions are a crucial part of the reason why educational reforms are needed in the first place. If only there was a fraction of the interest in ‘keeping up with the rest of the world’ in terms of IT, skills, and so on, in this area as well!
Then there is the opposition mounted by teachers’ trade unions and others about the process of the reforms not being very democratic, which I (and many others in higher education, as evidenced by a recent statement, available at https://island.lk/general-educational-reforms-to-what-purpose-a-statement-by-state-university-teachers/ ) fully agree with. But I earnestly hope the conversation is not usurped by those wanting to promote heteronormativity, further entrenching bigotry only education itself can save us from. With this important qualification, I, too, believe the government should open up the reform process to the public, rather than just ‘informing’ them of it.
It is unclear both as to why the process had to be behind closed doors, as well as why the government seems to be in a hurry to push the reforms through. Considering other recent developments, like the continued extension of emergency rule, tabling of the Protection of the State from Terrorism Act (PSTA), and proposing a new Authority for the protection of the Central Highlands (as is famously known, Authorities directly come under the Executive, and, therefore, further strengthen the Presidency; a reasonable question would be as to why the existing apparatus cannot be strengthened for this purpose), this appears especially suspect.
Further, according to the Secretary to the MOE Nalaka Kaluwewa: “The full framework for the [education] reforms was already in place [when the Dissanayake government took office]” (https://www.wsws.org/en/articles/2025/08/12/wxua-a12.html, citing The Morning, July 29). Given the ideological inclinations of the former Wickremesinghe government and the IMF negotiations taking place at the time, the continuation of education reforms, initiated in such a context with very little modification, leaves little doubt as to their intent: to facilitate the churning out of cheap labour for the global market (with very little cushioning from external shocks and reproducing global inequalities), while raising enough revenue in the process to service debt.
This process privileges STEM subjects, which are “considered to contribute to higher levels of ‘employability’ among their graduates … With their emphasis on transferable skills and demonstrable competency levels, STEM subjects provide tools that are well suited for the abstraction of labour required by capitalism, particularly at the global level where comparability across a wide array of labour markets matters more than ever before” (my own previous piece in this column on 29 October 2024). Humanities and Social Sciences (HSS) subjects are deprioritised as a result. However, the wisdom of an education policy that is solely focused on responding to the global market has been questioned in this column and elsewhere, both because the global market has no reason to prioritise our needs as well as because such an orientation comes at the cost of a strategy for improving the conditions within Sri Lanka, in all sectors. This is why we need a more emancipatory vision for education geared towards building a fairer society domestically where the fruits of prosperity are enjoyed by all.
The second broad reaction to the reforms is to earnestly embrace them. The reasons behind this need to be taken seriously, although it echoes the mantra of the global market. According to one parent participating in a protest against the halting of the reform process: “The world is moving forward with new inventions and technology, but here in Sri Lanka, our children are still burdened with outdated methods. Opposition politicians send their children to international schools or abroad, while ours depend on free education. Stopping these reforms is the lowest act I’ve seen as a mother” (https://www.newsfirst.lk/2026/01/17/pro-educational-reforms-protests-spread-across-sri-lanka). While it is worth mentioning that it is not only the opposition, nor in fact only politicians, who send their children to international schools and abroad, the point holds. Updating the curriculum to reflect the changing needs of a society will invariably strengthen the case for free education. However, as mentioned before, if not combined with a vision for harnessing education’s emancipatory potential for the country, such a move would simply translate into one of integrating Sri Lanka to the world market to produce cheap labour for the colonial and neocolonial masters.
According to another parent in a similar protest: “Our children were excited about lighter schoolbags and a better future. Now they are left in despair” (https://www.newsfirst.lk/2026/01/17/pro-educational-reforms-protests-spread-across-sri-lanka). Again, a valid concern, but one that seems to be completely buying into the rhetoric of the government. As many pieces in this column have already shown, even though the structure of assessments will shift from exam-heavy to more interim forms of assessment (which is very welcome), the number of modules/subjects will actually increase, pushing a greater, not lesser, workload on students.

A file photo of a satyagraha against education reforms
What kind of education?
The ‘pro’ reactions outlined above stem from valid concerns, and, therefore, need to be taken seriously. Relatedly, we have to keep in mind that opening the process up to public engagement will not necessarily result in some of the outcomes, those particularly in the HSS academic community, would like to see, such as increasing the HSS component in the syllabus, changing weightages assigned to such subjects, reintroducing them to the basket of mandatory subjects, etc., because of the increasing traction of STEM subjects as a surer way to lock in a good future income.
Academics do have a role to play here, though: 1) actively engage with various groups of people to understand their rationales behind supporting or opposing the reforms; 2) reflect on how such preferences are constituted, and what they in turn contribute towards constituting (including the global and local patterns of accumulation and structures of oppression they perpetuate); 3) bring these reflections back into further conversations, enabling a mutually conditioning exchange; 4) collectively work out a plan for reforming education based on the above, preferably in an arrangement that directly informs policy. A reform process informed by such a dialectical exchange, and a system of education based on the results of these reflections, will have greater substantive value while also responding to the changing times.
Two important prerequisites for this kind of endeavour to succeed are that first, academics participate, irrespective of whether they publicly endorsed this government or not, and second, that the government responds with humility and accountability, without denial and shifting the blame on to individuals. While we cannot help the second, we can start with the first.
Conclusion
For a government that came into power riding the wave of ‘system change’, it is perhaps more important than for any other government that these reforms are done for the right reasons, not to mention following the right methods (of consultation and deliberation). For instance, developing soft skills or incorporating vocational education to the curriculum could be done either in a way that reproduces Sri Lanka’s marginality in the global economic order (which is ‘system preservation’), or lays the groundwork to develop a workforce first and foremost for the country, limited as this approach may be. An inextricable concern is what is denoted by ‘the country’ here: a few affluent groups, a majority ethno-religious category, or everyone living here? How we define ‘the country’ will centrally influence how education policy (among others) will be formulated, just as much as the quality of education influences how we – students, teachers, parents, policymakers, bureaucrats, ‘experts’ – think about such categories. That is precisely why more thought should go to education policymaking than perhaps any other sector.
(Hasini Lecamwasam is attached to the Department of Political Science, University of Peradeniya).
Kuppi is a politics and pedagogy happening on the margins of the lecture hall that parodies, subverts, and simultaneously reaffirms social hierarchies.
Features
Chef’s daughter cooking up a storm…
Don Sherman was quite a popular figure in the entertainment scene but now he is better known as the Singing Chef and that’s because he turns out some yummy dishes at his restaurant, in Rajagiriya.
However, now the spotlight is gradually focusing on his daughter Emma Shanaya who has turned out to be a very talented singer.
In fact, we have spotlighted her in The Island a couple of times and she is in the limelight, once gain.
When Emma released her debut music video, titled ‘You Made Me Feel,’ the feedback was very encouraging and at that point in time she said “I only want to keep doing bigger and greater things and ‘You Made Me Feel’ is the very first step to a long journey.”
Emma, who resides in Melbourne, Australia, is in Sri Lanka, at the moment, and has released her very first Sinhala single.
“I’m back in Sri Lanka with a brand new single and this time it’s a Sinhalese song … yes, my debut Sinhala song ‘Sanasum Mawana’ (Bloom like a Flower).
“This song is very special to me as I wrote the lyrics in English and then got it translated and re-written by my mother, and my amazing and very talented producer Thilina Boralessa. Thilina also composed the music, and mix and master of the track.”
Emma went on to say that instead of a love song, or a young romance, she wanted to give the Sri Lankan audience a debut song with some meaning and substance that will portray her, not only as an artiste, but as the person she is.
Says Emma: “‘Sanasum Mawana’ is about life, love and the essence of a woman. This song is for the special woman in your life, whether it be your mother, sister, friend, daughter or partner. I personally dedicate this song to my mother. I wouldn’t be where I am right now if it weren’t for her.”
On Friday, 30th January, ‘Sanasum Mawana’ went live on YouTube and all streaming platforms, and just before it went live, she went on to say, they had a wonderful and intimate launch event at her father’s institute/ restaurant, the ‘Don Sherman Institute’ in Rajagiriya.
It was an evening of celebration, good food and great vibes and the event was also an introduction to Emma Shanaya the person and artiste.
Emma also mentioned that she is Sri Lanka for an extended period – a “work holiday”.
“I would like to expand my creativity in Sri Lanka and see the opportunities the island has in store for me. I look forward to singing, modelling, and acting opportunities, and to work with some wonderful people.
“Thank you to everyone that is by my side, supporting me on this new and exciting journey. I can’t wait to bring you more and continue to bloom like a flower.”
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