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Monday June 3rd, 2024

Sri Lanka party promises fairy tale weddings

ECONOMYNEXT – Former president Mahinda Rajapaksa’s lavish policy document was launched at a red-carpet ceremony in Colombo, but the event merited Hollywood glitz given the block-buster potential of the manifesto.

Political parties in the early 1970s promised free rice "even from the moon" to starving millions, but no party has dangled this much cash before an election.

An interest-free loan of LKR 200,000 is offered to each couple getting married after the UPFA forms a government, if elected at the August 17 vote.

At least 180,000 marriages are registered annually, but no amount of love and fresh air has made the institution of marriage more attractive than this offer of cheap credit.

The manifesto could also spark a wave of teen marriages.

Each girl or boy reaching the age of 18 years is being promised LKR 50,000 for higher studies or vocational training. If they get married, they get another LKR 200,000 with a comfortable seed capital of LKR 300,000.

Enterprising couples could further benefit from another promise that every three-wheel taxi owner will be offered a duty-free car if the person wants to expand his/her transport business.

In addition, as a three-wheeler owner, they will also be entitled to a credit card with a limit of LKR 100,000 given at concessionary interest rate.

It is likely that this document was leaked long before its launch. That is probably why there is a mad rush to buy three wheelers. Some 10,000 three-wheelers were sold last month alone.

The newly-weds could also join the three-wheel race and buy a second-hand Bajaj as their first vehicle with the seed capital already in hand. That will qualify them to claim a duty-free permit for a car to start their expanded travel business as promised by the manifesto.

Following the example of almost all politicians and public servants, they can hawk their duty-free car permit for about LKR 1.0 million and buy a decent second-hand car, thanks to the manifesto.

As newly-weds, they are also entitled to another loan of LKR 4.0 million given by the state at a preferential interest rate.

It is not clear what the outlay would be for the extremely generous offers contained in the 55-page manifesto, but UPFA sources refused to confirm reports that they have received inquiries to secure exclusive movie rights to the manifesto.

Irrespective of the outcome of next month’s election, the UPFA manifesto contains sensational stuff that only Disney movies are made of. (Colombo/July28/2015

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Water levels rising in Sri Lanka Kalu, Nilwala river basins: Irrigation Department

Sri Lanka Navy assisting in rescue operations (Pic courtesy SL Navy)

ECONOMYNEXT – Sri Lanka’s Irrigation Department has issued warnings that water levels in the Kalu and Nilwala river basins are rising and major flooding is possible due to the continuous rain. People living in close proximity are advised to take precautions.

“There is a high possibility of slowly increasing prevailing flood lowline areas of Kiriella, Millaniya, Ingiriya, Horana, Dodangoda, Bulathsinhala, Palinda Nuwara and Madurawala D/S divisions of Ratnapura and Kalutara Districts, up to next 48 hours,” it said issuing a warning.

“In addition, flood situation prevailing at upstream lowline areas of Ratnapura district will further be prevailing with a slight decrease.

“The residents and vehicle drivers running through those area are requested to pay high attention in this regard.

“Disaster Management Authorities are requested to take adequate precautions in this regard.”

The island is in the midst of south western monsoon.

DMC reported that 11,864 people belonging to 3,727 families have been affected due to the weather in Rathnapura, Kegalle, Kilinochchi, Jaffna, Mullaitivu, Kalutara, Gampaha, Colombo, Galle, Matara, Hambantota, Puttalam, Kurunegala, Kandy, Nuwara Eliya, Anuradhapura, Polonnaruwa, Badulla, Moneragala, and Trincomalee districts.

Meanwhile, the Meteorology Department stated that showers are expected on most parts of the island today.(Colombo/June3/2024)

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UNP gen secy defends call for postponing Sri Lanka poll, claims opposition silent

The UNP party headquarters in Pitakotte/EconomyNext

ECONOMYNEXT — United National Party (UNP) General Secretary Palitha Range Bandara has defended his call for postponing Sri Lanka’s presidential election by two years, claiming that his proposal was not undemocratic nor unconstitutional.

Speaking to reporters at the UNP headquarters Monday June 03 morning, Bandara also claimed that neither opposition leader Sajith Premadasa nor National People’s Power (NPP) leader Anura Kumara Dissanayake have spoken against his proposal.

“I have made no statement that’s undemocratic. My statement was in line with provisions of the constitution,” the former UNP parliamentarian said.

He quoted Section 86 of Chapter XIII of the constitution which says: “The President may, subject to the provisions of Article 85, submit to the People by Referendum any matter which in the opinion of the President is of national importance.”

Sections 87.1, 87.2 also elaborates on the matter and describes the parliament’s role, said Bandara.

“I spoke of a referendum and parliament’s duty. Neither of this is antidemocratic or unconstitutional. As per the constitution, priority should be given to ensuring people’s right to life,” he said.

“Some parties may be against what I proposed. They may criticse me. But what I ask them is to come to one position as political parties and make a statement on whether they’re ready to continue the ongoing economic programme,” he added.

Bandara claimed that, though thee has been much criticism of his proposal for a postponement of the presidential election, President Wickremesinghe’s rivals Premadasa and Dissanayake have yet to remark on the matter.

“I suggested that [Premadasa] make this proposal in parliament and for [Dissanayake] to second it. But I don’t see that either Premadasa nor Dissanayake is opposed to it. To date, I have not seen nor heard either of them utter a word against this. I believe they have no objection to my proposal which was made for the betterment of the country,” he said. (Colombo/Jun03/2024)

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300 of 100,000 trees in Colombo considered high risk: state minister

ECONOMYNEXT – Trees in Sri Lanka’s capital Colombo are being monitored by the municipal council, Army and Civil Defense Force as the severe weather conditions continue, State Minister for Defense Premitha Bandara Tennakoon said.

“Within the Colombo Municipal Council city limits, there are 100,000 trees. Of these, around 300 are considered high risk,” Tennakoon told reporters at a media conference to raise awareness about the current disaster management situation.

Not all trees required to be cut down he said. “We can trim some of the branches and retain them.”

The problem was that buildings in the vicinity of the tree had cut branches on one side, causing it to become unbalanced, the minister said.

New laws would be brought in so provincial/municipal institutions could strengthen enforcement of building codes.

“We don’t have a single institution that can issue a warning about a tree. Not one to tell us what trees can or cannot be planted near a road.

“Trees should be suitable for the area. Some trees have roots that spread and damage roads, buildings. When the roots can’t go deep, they tend to topple over.

“Now Environment Day is coming up, and anyone can go plant a tree by the road. We have to take a decision about this. We have to enforce laws strongly in future.” (Colombo/June3/2024)

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