Elections unlikely to be held on 25 April – PAFFREL

March 16th, 2023

Courtesy Adaderana

The People’s Action for Free and Fair Elections (PAFFREL) claims that the 2023 Local Government (LG) polls are unlikely to be held on 25 April, in light of the current situation.

Speaking in this regard, the Executive Director of PAFFREL, Rohana Hettiarachchi, accused the government of acting in a manner that was inconsiderate of the court’s orders.

Hettiarachchi further stated that the question of concern as of now is whether the government accepts that holding elections at ‘the right time’ is a democratic right of the people. 

If the government does not give people the opportunity to express their opinion, then they (the government) must also accept responsibility for the adverse consequences that arise when people exercise their rights outside of the democratic framework”, he said in this regard.

Chairman of the Election Commission awaits response from finance minister on funding for local government elections

March 16th, 2023

Courtesy Hiru News

The Chairman of the Election Commission, Nimal Punchihewa stated that a response to the letter sent by the Election Commission to the Minister of Finance asking for funds for the local government elections has not yet been received.

In an inquiry made by our news team, he said that he continues to believe that the allocation of funds related to the election will be received from the government.

On the 12th, the Election Commission again sent a letter to the Minister of Finance asking him to release the funds required for the polls.

The Secretary of the Ministry of Finance had informed the Election Commission that it is not possible to take direct decisions for the issuance of allocations related to the local government polls and for that the approval of the Minister of Finance must be obtained.

Due to the lack of funds, the local government polls that were scheduled to be held on the 9th of this month were postponed to the 25th of April.

Fort-Malabe Japan Funded Light Rail Project to Recommence

March 16th, 2023

Courtesy Hiru News

The government has decided to re-implement the Colombo Fort – Malabe light rail project as a solution to the severe traffic congestion in and around Colombo.

Urban Development and Housing Minister Prasanna Ranatunga had recently submitted a Cabinet paper to obtain alternative proposals for this.Minister Ranatunga said that since thousands of public servants work in Colombo, Malabe and other suburbs, they will be able to save time and money with this train service.

This project was slated to commence in 2020 after land acquisition, and completed by mid-2024.

The financial and technical support for this railway project is to be provided by the Japan International Cooperation Agency (JICA).

The Japanese government had agreed to provide a loan of US dollars 1,850 million for this.

The Japanese government has agreed to recommence the light rail project, which was cancelled then, as a result of bilateral discussions held during the official visit of President Ranil Wickremesinghe to Japan.

It will be possible to travel from Malabe to Colombo Fort in 30 minutes once this train service is constructed within a length of 16 kilometers and 16 stations. The train service is scheduled to run every four minutes during peak hours and every 10 minutes during normal hours.

Entering IMF program key for Lanka’s revival – First Capital

March 15th, 2023

Courtesy The Daily News

First Capital says that they believe that attaining the required financial assurances and entering into an IMF program is key for Sri Lanka’s revival while a well planned reform program will ensure acceleration in the recovery trajectory.

At this juncture, Sri Lanka stands with a high level of hope with Sri Lanka so far moving on track of a possible RESURGENCE in the economy!”

The improvement in the tourist arrivals and worker remittances are key criteria that positively impact the Balance of Payments while potential debt inflows are expected from IMF and multilateral agencies. Further we also expect significant inflows from foreigners in both equity and debt capital markets while sale of state owned enterprises With the significant support we expect foreign reserves to reach USD 3.0Bn by Jun-23 and USD 3.5Bn by Dec -23 while Sri Lanka is likely to reach a comfortable level by end 2024E possibly surpassing USD 4.0Bn even after starting to settle foreign debt.

*With the IMF requirement to market price utilities, the Government implemented another electricity hike potentially resulting in a higher impact on the nonfood segment. However, in spite of the hike inflation may continue to die down.

We maintain our GDP growth expectations from our Sep.-22 Report (Mid-Year Outlook). Despite a gradual recovery from 2H2023 onwards, a positive GDP growth supported by private sector consumption is likely only by 4Q2023. Sri Lanka’s budget deficit is estimated to be at 11.0% of GDP which is comparatively at a significantly high level. However, the slow improvement in revenue is expected to reduce the budget deficit to 8.0% of GDP while the sale of assets and recovery in GDP may further reduce the deficit to 5.1% of GDP.

Though the Local Government elections have no bearing on the Parliament or the President, the results of the election may create policy uncertainty. There is a tendency that election results may be mixed with no party obtaining a clear majority. The ruling party obtaining a weaker voter base is sufficient to create uncertainty on the political front.

However, there is a high probability that the Government and the President may desire to govern for their full term instead of going for elections which may create some amount of stability, provided the Government can retain the relevant no. of MPs intact. Presidential election is next in line in just over 18 months (in Nov. 2024)”


Worker Remittances to cross USD 5Bn

First Capital correctly forecasted a total USD 3.8 billion from worker Remittances for 2022. The stability of the exchange rate and confidence in achieving the IMF Board resulted in stronger inflows in terms of worker remittances from December 2022 onwards where worker remittances crossed the USD 400Mn mark for the month.

Workers’ Remittances are expected to continue throughout 2023 year end potentially reaching USD 5.4 billion while it is estimated to reach USD 6.2 billion by 2024 year end. First Capital Research anticipates around 1.2 million tourism arrivals for 2023 end resulting in potential tourism earnings of USD 1.9Bn in 2023 end.

UK launches DCTS, SL eligible for zero tariffs on 92% of products

March 15th, 2023

Courtesy The Daily News

British High Commissioner Sarah Hulton OBE and Trade Ministry officials.

British High Commissioner Sarah Hulton OBE and Trade Ministry officials.

The UK Government launched its new Developing Countries Trading Scheme (DCTS) replacing the UK Generalised Scheme of Preferences system (GSP) was launched and under the scheme, Sri Lanka is eligible for zero tariffs on 92% of products. Over 150 additional products will be brought into scope of the new scheme, including milled grains, pet food products and dairy products.

Speaking at an event at the Commerce Ministry yesterday, British High Commissioner Sarah Hulton OBE said: The UK’s new Developing Countries Trading Scheme provides Sri Lankan and UK businesses with a fresh opportunity to diversify and deepen supply chains and reduce the cost of exporting to the UK.

We hope businesses will take advantage of the great opportunities we have highlighted through our events this week.” While Sri Lanka exports numerous high value products to the UK including textiles, tea and rubber, there has been a steady decline in trade volumes between Sri Lanka and the UK since 2018. Under UK trade preferences, Sri Lankan exports will benefit from generous tariff cuts and new products will be brought into scope, facilitating access to the UK market for Sri Lankan businesses across a wide range of industries.

UK officials showcased high potential value chains and products that can benefit from the new scheme. This was based on research into UK retailers’ and consumers’ buying considerations, as well as insights from Sri Lankan producers, trade programmes and policymakers. It was also pointed out that there are huge untapped areas in exporting pet food, tea in value added form healthy food products and also boat building too could be promoted.

UK Minister of State at the Department for Business and Trade, Nigel Huddleston said: The Developing Countries Trading Scheme will support businesses by giving them the tools to export duty-free to the UK, opening up markets and boosting consumer choice.”

We want to go bigger and further with our global trade links and the DCTS enables the UK to achieve this with developing countries.” The new scheme has been designed to grow free and fair trade with 65 countries, including Sri Lanka, thereby creating jobs and boosting their economies. The DCTS offers one of the most generous sets of trading preferences in the world and demonstrates the UK’s commitment to building long term, mutually beneficial relationships with countries like Sri Lanka.

During the visit to Colombo, DCTS officials also met the Minister of Trade, Commerce, and Food Security, Nalin Fernando. It was also disclosed that the annual bilateral trade among the two countries is around 1.4 billion British pounds. Over 99% of goods exported from Sri Lanka are eligible for duty-free access to the UK. (SS)

Sri Lanka to pilot two floating solar power plants with Korean grant

March 15th, 2023

Courtesy The Daily Mirror

The Cabinet nod has been granted to install two floating solar plants as a pilot project with 6.83 billion Korean Won funding from the South Korean government.

The Minister of Power and Energy Kanchana Wijesekera on Monday sought the approval of the Cabinet of Ministers to sign the discussion paper with the Korea Institute for Advancement of Technology and the Department of External Resources to start and implement the pilot project.

Under the Framework Convention on Grant Aid signed between the Republic of Korea and Sri Lanka in 2009, the Minister of Trade, Industry and Energy of the Republic of Korea has agreed to provide a grant amounting 6.83 billion Korean Won for the implementation of a pilot project to install floating solar panel power plants with 1 MW capacity on the surface of Kiriibban Wewa reservoir and Chandrika Wewa reservoirs in the Ratnapura District.

Korea Institute for Advancement of Technology is acting as the monitoring agency for the pilot project on behalf of the South Korean government.

SL Rupee continues to depreciate against USD

March 15th, 2023

Courtesy Daily Mirror

The Sri Lankan Rupee (LKR) has depreciated against the US Dollar (USD) today for the third consecutive day, according to the Central Bank.

Accordingly, today’s buying rate of USD is Rs. 327.59 while the selling rate is Rs. 344.66.

The Rupee has been appreciating against the USD and other major currencies since earlier this month, but the Rupee continue to depreciate against the USD since last Friday.

Yesterday’s buying rate of USD was Rs. 319.84 while the selling rate was Rs. 335.68

මේ වසර තුළදී තවත් මැලේසියානු රැකියා දස දහසක් – කම්කරු සහ විදේශ රැකියා අමාත්‍ය මනුෂ නානායක්කාර

March 15th, 2023

Manusha Media

මැලේසියානු රජය මෙරටට අනුමත කළ රැකියා දසදහසක කෝටාවට අමතර ව මෙරට ආරක්ෂක අංශ සාමාජිකයන් සඳහා අතිරේක රැකියා දසදහසක කෝටාවක් වෙන් කර ඇති බව කම්කරු හා විදේශ රැකියා අමාත්‍ය මනුෂ නානායක්කාර මහතා අද කොළඹ බණ්ඩාරනායක අනුස්මරණ ජාත්‍යන්තර සම්මන්ත්‍රණ ශාලාවේ දී අද (14) ප්‍රකාශ කළේ ය.

ඒ විදේශ රැකියා නියෝජිත ආයතන වෙනුවෙන් සම්මාන ප්‍රදානය කිරීමේ උළෙලට සහභාගී වෙමිනි. එහි දී වැඩිදුරටත් අදහස් දැක් වූ අමාත්‍යවරයා මෙසේ  පවසා සිටියේ ය.

අපි දැන් අලුත් ගමනාත්ත සොයාගෙන යනවා. ඒ යද්දී මැලේසියාව සුවිශේෂී ගමනාන්තයක් බවට පත් වුණා. කලින් සිටි මැලේසියානු රජය අපට රැකියා දහදහසක කෝටාවක් අනුමත කළා. මේ රැකියා දසදහසේ කෝටාවට අමතර ව වත්මන් මැලේසියානු රජයේ කැබිනට් මණ්ඩලය වෙතින් දසදහසින් පටන් අරන් ලක්ෂය දක්වා යන්න පුළුවන් තවත් තවත් රැකියා කෝටාවක් අනුමත කර ගන්න අපට හැකියාව ලැබුණා. ඒ මෙරට ආරක්ෂක අංශයේ සාමාජිකයන් සඳහා.  මෙය රාජ්‍යයන් රාජ්‍යයන් අතර සිදුවන ගණුදෙනුවක් විදියට වෙන්නේ.

ඒ වගේ ම ඉදිරියේ දී මාසික ව ඩොලර් බිලියනයක විදේශ ප්‍රේෂණ ඉලක්කයක් කරා ගමන් කිරීමට සැලසුම් කරලා තියෙනවා. ඒ නිසා ඉතිහාසයේ වැඩිම පිරිසක් විදේශ රැකියා වෙත යොමු කිරීමේ ඉලක්කය සහ වගකීම සම්පූර්ණයෙන් ම රැකියා නියෝජිත ආයතන වෙත පවරලා රජය විදියට අපි විගමණික ශ්‍රමිකයන්ගේ සුබසාධන කාර්යයට මුළුමනින් ම අවධානය යොමු කරනවා. ඒ අනුව විගමනික ශ්‍රමික දූ දරුවන් වෙනුවෙන් දිවා සුරැකුම් මධ්‍යස්ථාන, නේවාසිකාගාර ඇතුළු ව්‍යාපෘති හා පහසුකම් රැසක් ලබා දෙන්න අපි කටයුතු කරනවා.

මේ රටේ විවිධ ක්ෂේත්‍රවලට රාජ්‍ය අනුග්‍රහයෙන් විවිධ පහසුකම් ලැබෙනවා. ගොවියාට පොහොර ටිකට පවා සහන ලැබෙනවා වගේ මේ රටට වැඩි ම විදේශ විනිමය ප්‍රමාණයක් ගෙන එන මේ ක්ෂේත්‍රය වෙනුවෙනුත් ඉදිරියේ දී උපරිම පහසුකම් සලසනවා. ඒ වෙනුවෙන් විදේශ සේවා නියුක්ති කාර්යංශ පනත සකස් කරලා අවසන්. එහි දී ක්ෂේත්‍ර යේ අභිමානයෙන් වැඩ කරන්න අවශ්‍ය පසුබිම ශක්තිමත් ව සකස් කරලා තියෙනවා වගේ ම වැරදි කරන පිරිස විදේශ රැකියා ක්ෂේත්‍ර යෙන් සදහට ම ඉවත් කරලා දාන්නත් ප්‍රතිපාදන සකස් කරලා තියෙනවා.

Police to bolster Colombo’s anti-riot reserves

March 15th, 2023

Courtesy The Morning

  • Police HQ calls up riot control reserves to the Capitol

The Police Department, on Tuesday (14), instructed the relevant officers from regional commands to send the surplus anti-riot equipment kept in storage which are allocated to Police divisions in other districts, to the Police Field Force Headquarters (HQ) in Colombo.

The order, issued recently, is in anticipation that a wave of protests by trade and university student unions may escalate in the coming days.

Speaking to The Daily Morning, Police Media Spokesman, Senior Superintendent of Police and Attorney-at-Law, Nihal Thalduwa said: There is a surplus of anti-riot equipment in regional Police stations as there is less need for such in those areas. As most of the protests are being held in Colombo, the Police has instructed the relevant officers to hand over their excess equipment to the Police Field Force Headquarters. That is because the equipment should be available in the areas in which they are most needed.”

Senior Deputy Inspector General of Police (SDIG) – Support Service, Sajeewa Medawatte had issued a circular dated 14 March, in this regard, to the SDIGs of the North Central, Eastern, Southern, North Western, and Central Provinces, and the Officers-In-Charge (OICs) of the Anuradhapura, Batticaloa, Elpitiya, Kurunegala, Matale, Polonnaruwa, Tangalle, Kandy, Kantale, Nuwara Eliya, Puttalam, and Trincomalee Police Divisions. Through the circular, which was seen by The Daily Morning, the relevant officers had been instructed to hand over the anti-riot equipment including gas masks, riot shields, riot helmets and rubber batons available in the respective Police divisions to the Police Field Force Headquarters before 10 p.m. on the same day. 

The requested equipment included 575 gas masks, 525 riot shields, 505 riot helmets and 1,050 rubber batons. It is notable that the relevant Police officers have been instructed to hand over the anti-riot equipment belonging to the Police divisions outside the Western Province to the Police Field Force Headquarters in Colombo before 10 p.m., ahead of the series of trade union actions including strikes and other forms of protests which were launched by trade unions representing several categories of professionals, demanding solutions to the prevailing issues, and against the newly introduced tax policies.

Sri Lanka has seen a series of protests over the course of last year (2022), during which the demand for the resignation of then President Gotabaya Rajapaksa and the Government led by him, saw an elected Executive President resign. Last year, the argalaya” (people’s struggle) protest movement reached their climax when hundreds of thousands of people gathered in Colombo, and occupied several State owned buildings including the Presidential Secretariat, the President’s House and the Temple Trees (the Prime Minister’s official residence), which in turn resulted in Rajapaksa’s resignation. Incumbent President Ranil Wickremesinghe, who was elected as the President in a Parliamentary vote in July 2022, following Rajapaksa’s resignation, has since been seen directing the security forces, mainly the Police, to take strict actions against protest movements, which he claims disrupt the economic recovery efforts that are underway.

Govt. Printer to boycott EC over ‘apathy’

March 15th, 2023

BY Buddhika Samaraweera Courtesy The Morning

  • Says inadequate intervention to obtain funds for ballot printing 

Government Printer Gangani Liyanage said that since there is no point in participating in discussions with the Election Commission (EC) in a context where the latter does not intervene enough to obtain the necessary funds for the printing of the ballot papers for the Local Government (LG) elections, even if the EC were to call her in the future, she would not attend any such meeting.

The Daily Morning queried Liyanage as to whether she expects to have a discussion with the EC and inform that the Finance, Economic Stabilisation and National Policies Ministry is yet to release the necessary funds for the printing of the ballot papers, to which she said: I have no need to go there, and I will not go there even if they call me.” 

When queried as to why she would not attend the EC, she said: I asked the EC to intervene to obtain funds and Police security, and informed that ballot papers could be printed within about one week if those requirements are met. Then, the EC asked me to write to the Secretary to the Ministry of Finance and the Treasury (Mahinda Siriwardana) and obtain funds. I did that, but there was no response from the Treasury. If the EC does not do what we ask for, there is no point in having further discussions. Even on 7 March, both the Finance Ministry and the Inspector General of Police (IGP) did not attend the meeting with the EC. IGP (Chandana D. Wickramaratne) had instead sent a representative. If I go there again, I have to make the same request again, so I will not go.”

Meanwhile, in response to a query as to whether she had received any response from the Department of Treasury Operations under the Ministry of Finance to her requests to release at least Rs. 200 million for the printing of ballot papers, Liyanage said that she had not received any response as of last evening (15). 

All they say is that they have forwarded my requests to the Finance, Economic Stabilisation and National Policies Minister (President Ranil Wickremesinghe).”

Liyanage, who was to inform the EC in writing that the general Treasury is yet to provide the necessary funds for printing ballot papers for the LG elections, instead sent another letter to the Department of Treasury Operations on Tuesday (14), reminding of her earlier request to release the funds in question. She told The Daily Morning on the same day that she would request a sum of Rs. 200 million through the letter.

Multiple attempts to contact the State Ministers of Finance Shehan Semasinghe and Ranjith Siyambalapitiya to inquire about the problematic situation which has arisen with regard to the release of funds for the LG elections, proved futile.

While the Supreme Court, considering a fundamental rights application filed by Samagi Jana Balawegaya General Secretary and Opposition Parliamentarian Ranjith Madduma Bandara, has issued an interim order preventing Siriwardana from withholding the funds allocated for election related purposes through the 2023 Budget, the Treasury is yet to take steps to release the required funds, and instead forwarded the recent related requests made by the EC and the Government Printer to Wickremesinghe.

Strike grips Sri Lanka as unions protest IMF bailout

March 15th, 2023

Courtesy France24

Colombo (AFP) – Sri Lanka deployed armed troops as trade unions crippled hospitals, ports and banks Wednesday to protest against high income taxes imposed as a precondition for a crucial IMF bailout.

Schools cancelled term tests and outpatient departments at hospitals closed due to the work stoppage that involved more than 40 trade unions. Fewer vehicles were seen on roads.

Dockers at the main sea port in Colombo stayed away while air traffic controllers joined the combined industrial action to carry out “go slow” for two hours affecting at least 14 international flights.

“All considered, our work-to-rule was for two hours, but we will consider a full-blown strike if the government does not roll back the new tax rates,” Rajitha Seneviratne, secretary of the air traffic controllers’ association, told AFP.

Armed soldiers were deployed at railway stations as well as the port as the government attempted tried to restore minimum services. Dock workers had a tense standoff with the military inside the port, but there were no reports of clashes.

President Ranil Wickremesinghe’s office said 20 trains operated to bring office workers to the capital, but unions said it was less than five percent of the daily services.

State-run buses were also operating, the president’s office said, but only a few of them were seen on the roads while attendance in schools, offices and factories had dropped sharply on Wednesday.

The strike came despite a ban imposed by Wickremesinghe last month, and warnings that violators could lose their jobs.

Sri Lanka defaulted on its foreign government debt in 2022 as it suffered an unprecedented economic crisis © ISHARA S. KODIKARA / AFP/File

Trade union spokesman Haritha Aluthge said talks with the authorities overnight ended inconclusively forcing them to go ahead with Wednesday’s work stoppage.

Professionals have also joined the trade unions in protesting against the sharp increase in income taxes since January.

“Anyone who violates the essential services order will face the full force of the law,” cabinet spokesman Bandula Gunawardana had warned ahead of the nationwide action.

Unions say the strike duration will depend on the government’s response to their demand to reverse the new taxes, which were among the measures taken to qualify for a $2.9 billion rescue package from the International Monetary Fund.

Bail-out expected next week

The Washington-based lender’s executive board is due to decide on Sri Lanka on March 20 and is widely expected to release the first instalment of a nine-tranche $2.9 billion loan spread over four years.

Officials involved in the negotiations said the IMF was closely monitoring the protests and social unrest since the tax reforms.

“Sri Lanka is one of the countries with the lowest tax revenues in the world. Unless state revenue is increased, there is no solution to the country’s economic crisis,” a Sri Lankan official told AFP.

Hopsital outpatient departments closed due to the work stoppage © Ishara S. KODIKARA / AFP

Sri Lanka formally sought IMF help on March 18 last year after defaulting on its $46 billion foreign government debt in mid-April.

Colombo received assurances last week from Beijing, its largest single bilateral creditor, that it was willing to restructure its loans to the South Asian nation and clear the final hurdle for the IMF rescue.

In an open letter to Sri Lanka’s creditors, Wickremesinghe on Tuesday night stressed that all creditors would be treated equally following concerns that China may get a better deal.

“We reiterate our commitment to a comparable treatment of all our external creditors, with a view to ensuring all-round equitable burden sharing for all restructured debts,” he said.

Sri Lanka’s unprecedented economic crisis since late 2021 has caused severe shortages of food, fuel and medicines. It led to months of protests that toppled president Gotabaya Rajapaksa in July last year.

Sri Lanka’s economy contracted 7.8% in 2022

March 15th, 2023

Courtesy Nikkei Asia

Island finds itself short of dollars as it awaits $2.9bn IMF rescue

A demonstrator on March 8 shouts at a police officer during a Colombo protest organized by Women for Rights. Sri Lanka is suffering its worst economic crisis since it gained independence from the British in 1948.   © Reuters

March 15, 2023 21:30 JST

COLOMBO (Reuters) — Sri Lanka’s economy shrank 7.8% in 2022 from the previous year, government data showed on Wednesday, as the country struggled with its worst financial crisis in more than seven decades.

The island’s fourth-quarter GDP contracted 12.4%, according to the figures.

Sri Lanka’s growth is expected to shrink by 3% this year, Moody’s Investors Service said on Monday but growth is expected to rebound in 2024.

Economic mismanagement coupled with the impact of the COVID-19 pandemic left Sri Lanka severely short of dollars for essential imports at the start of last year tipping the country into the worst financial crisis since Independence from the British in 1948.

Sri Lanka is waiting for a $2.9 billion bailout program from the International Monetary Fund (IMF) to be finalised on March 20.

These numbers are broadly in line with expectations. In the last three months of 2022 Sri Lanka was hit by very high inflation, fuel shortages and high interest rates,” said Sanjeewa Fernando, Senior Vice President Research at Asia Securities.

For the rest of this year, with IMF funds expected, the central bank should be able to keep the currency strengthened, eventually reduce interest rates, and continue to see inflation ease.”

The state-run Census and Statistics Department said that the agriculture sector shrank 4.6%, while industries contracted 16%, and services dropped 2%, from a year earlier.

Sri Lanka’s economy shrank 11.8% in the July-September quarter from a year ago, the second-worst quarterly contraction ever for the country.

Sri Lanka aims to announce a debt-restructuring strategy in April and step up talks with commercial creditors ahead of an IMF review of a bailout package in six months, its central bank governor told Reuters last Thursday.

Rupee closer to replacing dollar as 18 nations agree to trade in INR

March 15th, 2023

Courtesy First Post

The process of SRVAs started last year in the month of July when the RBI issued detailed guidelines on cross-border trade transactions in the Indian rupees (INR)

Rupee closer to replacing dollar as 18 nations agree to trade in INR

Several nations express interest to facilitate international trade in Indian rupee. Representational Image/PTI.

New Delhi: Indian rupee is edging closer to becoming an international currency with more and more countries working to de-dollarise global trade. Several nations have expressed interest in facilitating international trade in INR and to make the process smooth, India’s central bank – RBI- has given approval for opening 60 special rupee vostro accounts in 18 countries including Russia and Sri Lanka.

India’s Minister of State for Finance Bhagwat Karad informed parliament that as per records, India’s central bank – Reserve Bank of India (RBI) – had granted approval to domestic and foreign AD (Authorised Dealer) banks in 60 cases for opening SRVAs of banks from 18 nations” for settling payments in Indian rupees.

The minister further said, out of the 18 countries, Russia has been vocal in facilitating trade in local currency for the overall process of de-dollarisation”. He went on to say that India, however, has been supporting the idea of trade in local currency majorly to boost exports.

18 countries allowed to trade in Indian rupees

The 18 countries that have been allowed to trade in Indian rupees are:

1  – Russia

2  – Singapore

3  – Sri Lanka

4  – Botswana

5  – Fiji

6  – Germany

7  – Guyana

8  – Israel

9  – Kenya

10 – Malaysia

11 – Mauritius

12 – Myanmar

13 – New Zealand

14 – Oman

15 – Seychelles

16 – Tanzania

17 – Uganda

18 – United Kingdom.

The numbers clearly indicate a significant progress in the development of mechanism to settle international trade in Indian rupees.

What is Special Rupee Vostro Account or SRVA?

The process of SRVAs started last year in the month of July when the RBI issued detailed guidelines on cross-border trade transactions in the Indian rupees (INR).

It has been decided to put in place an additional arrangement for invoicing, payment, and settlement of exports/imports in INR,” the India’s central bank said.

Also Read: Eight countries open 50 special rupee vostro accounts in 6 months to trade in INR

To settle trade as per the new mechanism, authorised banks in India need to open and maintain SRVAs of the partner trading country’s banks.

These accounts keep the foreign entity’s holding in the Indian bank in INR. When an Indian importer make a payment to a foreign trader in rupees, the amount gets credited to this vostro account.

Similarly, when an Indian exporter has to be paid for goods and services in rupees, amount from this vostro account will be deducted and credited to the exporter’s regular account.

The SRVAs holders are allowed to invest surplus balance in Indian government securities. This facility is being provided by the RBI to help popularise the new arrangement.

Don’t Miss: Indian rupee could be the new dollar, says ‘Doctor Doom’ Nouriel Roubini

Indian importers undertaking imports through this mechanism shall make payment in INR (Indian Rupee), which shall be credited into the special vostro account of the correspondent bank of the partner country, against the invoices for the supply of goods or services from the overseas seller/supplier,” the Indian central bank had said.

India has been trying to promote the use of INR for trade settlement with other countries after the West and European nations imposed sanctions following the launch special military operation” by Russian President Vladimir Putin against Ukraine on 24 February, 2022.

Read This: Indian rupee going global? After Russia, 35 countries show interest in INR trade settlement mechanism

Leading banks of Russia – Sberbank, VTB Bank and Gazprombank – were among the first to be granted approval by the RBI for SRVAs.

The Greek Buddhist Monk: From Serres to Sri Lanka

March 14th, 2023
Greek Buddhist Monk
Nanyadasana was born in 1959 as Ioannis Tselios in Serres, northern Greece. Credit: theravada.gr

The Greek Buddhist monk Nyanadassana has been a senior monk of the ancient Buddhist Theravada tradition for 37 years in Sri Lanka.

Nanyadasana was born in 1959 as Ioannis Tselios in Serres, northern Greece. At the age of 64, after an unusual life, he has become an important Buddhist monk and scholar with many books to his credit, international acclaim and deep experience in meditation.

He is called Bhante”, a respectful title used to address Buddhist monks and superiors. No other modern Greek has a similar long course in traditional Buddhist monasticism.

The Sinhalese feel great pride when a foreigner is interested in becoming a Buddhist monk in their own country. They really appreciate it. There are currently about 100 foreign Buddhist monks in Sri Lanka.

As far as I know from the relevant records and other information, there is no other Greek Buddhist monk before me in Sri Lanka, Myanmar, Thailand or any other country with Theravada Buddhism,” he tells the Athens-Macedonia News Agency (AMNA).

He finished secondary school in Thessaloniki and studied sociology at Goethe University in Frankfurt, Germany.

As a teenager in Thessaloniki, he was an excellent student with a penchant for physics and mathematics, especially atomic-nuclear physics. He devoured” relevant books and dreamed of working for the American Space Agency (NASA).

But along the way, he discovered psychology and then sociology. So he studied sociology at the Goethe University in Frankfurt for two years, but found his studies disappointing and did not complete them.

At the same time, he declared himself an atheist. How is it possible,” he wondered, that the all-good and all-powerful God allows the evil that is so common in the world? How can something so pure come out of something so evil?”, he recalled, speaking to AMNA.

The Greek man follows steps to become a Buddhist monk

It was the late 1970s and early 1980s, and Tselios, with long hair and a beard, lived like many other restless youths in Europe, read books voraciously, traveled adventurously to several European countries and searched for the meaning of life.

In 1981, aged 22, a trip to India was the turning point in his life: while looking at a tourist brochure, he read this memorable Buddha quote: This is my last birth. I have crossed the ocean of existence.”

I arrived in New Delhi carrying only a bag of books and a sleeping bag. I found it disgusting that everyone, even the gurus, smoked hashish. I didn’t find anything substantial there, something spiritual,” he tells AMNA. For many months he traveled alone from the Himalayas in the north to the south, often on the roofs of trains, among Western hippies and local religious fanatics.

Heading to Sri Lanka Buddhist monasteries

He visited Kusinara, the place where the Buddha reached his final rest. It was there that, under the guidance of an older Indian Buddhist monk who was the Director of the Museum of Kusinara, Ioannis Tselios was not only trained in meditation, but he also read about Buddhism. More interested than ever, he decided to look for the original and authentic teachings of Buddha, thus traveling to Sri Lanka.

At one point,” he says, I had bought a return ticket to Greece, to find a quiet place to meditate. But finally, I burned the ticket and decided to stay in Sri Lanka and become a monk. No one influenced me to become a monk,” he tells AMNA.

In Buddhism, you have to knock on their door and then they will give you information. They themselves do not come to tell you ‘you must become a Buddhist’. I never met a convert to Buddhism. Even the teachers were telling me how to learn to meditate, not how to become a Buddhist,” he adds.

In 1982, aged 23, he was ordained by Kaḑavedduve Shrī Jinavaṃsa Mahāthera, a scholar recognized by the state as a teacher-inspector, and he embraced the monastic life in order to study and practice.

GReek Buddhist Monk
The monastery at Nissaraṇa Vanaya, Sri Lanka. Credit: Nissarana

He practiced for four years at the renowned meditation monastery Nissaraṇa Vanaya in Sri Lanka.

In 1986, he received the higher ordination as a teacher inspector. He then studied the ancient Indian language Pali and the Three Baskets of Sacred Buddhist Texts, along with the Explanations and Commentaries, at the monastery Gnānārāma Dharmāyatanaya,  where he stayed for 16 years.

In 1997, following a written and oral exam, he received the title of Vinayācariya (Professor of Monastic Education).

Encouraged by his teacher, he began teaching while writing over ten books. From 2003 to 2007, he trained in meditation at the meditation centre in Myanmar before returning to Sri Lanka. He has been repeatedly invited to Singapore, Indonesia, Malaysia and Taiwan to give lectures and courses on the Teachings of  Buddha and meditation.

Greek Buddhist monk returns to Athens

He is a writer and translator of more than ten Buddhist books in German, English, Sinhalese and Pali, and he has a lot of experience in giving lectures in English and Sinhalese (the official language of Sri Lanka).

In April 2019, he returned to Greece, where he is teaching Buddhism at the cultural association of Sri Lanka (which covers the needs of the approximately 850 Sinhalese in Greece).

When I came to Greece, I didn’t know what I would find,” he says. However, I saw that there is interest in Buddhism and meditation. The Greeks always talked about ‘know thyself’, but they didn’t know a method for it,” he tells AMNA.

Greek philosophers such as Socrates and Heraclitus had dealt with such issues, so Buddhism, which teaches how to analyze yourself, overcome your emotions and concentrate your mind, is not something foreign,” he adds.

What Buddhism can offer a modern Greek is self-awareness, knowledge of the workings of the mind, to turn inward and not outward. The goal of Buddhism is to understand our passions, drives, fantasies, delusions and how much we suffer because of them, how self-created our pain is. The Buddha gives the instructions for an inward journey,” Nyanadassana or Ioannis Tselios says.

RelatedThe Influence of Ancient Greece on Buddhism

Perceptual Ability to Talk and advocate Politics.

March 14th, 2023

By Engr. Kanthar Balanathan DipEE (UK), GradCert (RelEng-Monash), DipBus&Adm (Finance-Massey), C.Eng., MIEE, Former Director of Power Engineering Solutions Pty Ltd, Consulting Electrical Engineers

  1. Political Activism

Sri Lanka (Ceylon) was infected with awry politics with no understanding of financial sustenance and resources, except the glory of power and wealth. It started with SJV Chelvanayagam demanding separate administration for the North & East. Somehow the politicking infiltrated the illiterates’ hands except for a few O” level guys. The writer wishes to analyse and propagate his views of who is competent to talk politics, if not the people will be faced with dangerous facets of attacks.

People who want to talk politics should have a perceptual ability and wide knowledge of a social environment and forward planning in terms of economics and the administrative sphere.

Quote Ref: The perception process has three stages: sensory stimulation and selection, organization, and interpretation. Although we are rarely conscious of going through these stages distinctly, they nonetheless determine how we develop images of the world around us.

Quote Ref: There are seven elements on to base the perception: 

Visual discrimination / Visual memory /Visual-spatial relationships/ Visual form constancy/Visual sequential memory/ Visual figure/ground.

  • Terrorist Groups

Let us examine the VVT Group.

Ref: https://www.satp.org/terrorist-profile/india-insurgencynortheast-nagaland/liberation-tigers-of-tamil-eelam-ltte

Name                         Origin Work             Education

Thangathurai             VVT    Smuggler        Maybe 6th std

Kuttimani                   VVT    Smuggler        Maybe 6th std

Jagan                          VVT    Smuggler        Maybe 6th std

Prabakaran                 VVT    No                   8th std                                      FAILED

Nadesan                     VVT    Police             Maybe o” level

Susai                           VVT    smuggler        no records.

The seventeen LTTE guys were ambushed and killed at sea.

There were so many VVT guys who were in the LTTE group.

LTTE occupied the entire houses in the 12th cross street in Indra Nagar. Tamil Nadu gave asylum to the LTTE and other groups.

The key issue is that these guys in the LTTE group had no vision but engaged in killing only. There were more than 25 groups, and all groups were against the LTTE and made allies with the GOSL.

Most of the VVT guys were smugglers and they have no perceptual abilities to clearly think and act.

LTTE engaged in the manufacture of heavy weapons in Mullivaykal. Did they have a plan when most of the developed countries were against the LTTE? What happened to the heavy weapon operators who may have been trained? They may have left Mullivaykal when the military commenced assault.

The result is a total failure.

The result is the loss of human life and billions of Rupees to the people and asset damage.

This is a clear indication that people should be fit to talk and take up politics.

A key example is Hon DD, who left anti-SL acts and joined the Sri Lankan administration to help the people and develop the N&E which he is carrying on until now. Prabakaran attempted to assassinate Hon DD several times but failed.

The only honourable politician from VVT was Thurairatnam former MP for Point Pedro.

Nedumaran has a distorted neural set-up to talk about Prabakaran. The citizens in the N&E may assassinate Prabakaran if he enters the zone.

Anyone from VVT who enters the political arena with a terrorist mind should be eliminated.

Let Tamil Nadu not use the Sri Lankan Tamils for their own political ambitions and success. We cannot believe the Tamil Nadu guys because they love money only. An example is Nedumaran and Seeman.

Let Sri Lankan politicians not play party politics using Tamils as the Trump card /scapegoat.

No Tamil from VVT shall engage in leading politics for the Tamils in Sri Lanka. They shall restrict the practice of their politics within the VVT Urban area.

Enough is Enough.

රාජ්‍ය නීතීඥයින්, ජනාධිපති නීතීඥයින් හිටියත් රාජ්‍ය ද්‍රෝහීන් බවට පත්කරපු  උඩරට කිරුළේ තීරණය නිවැරදි කරන්න කවුරුත් මැදිහත් වී නැහැ. -අග්‍රාමාත්‍ය දිනේෂ් ගුණවර්ධන මහතා

March 14th, 2023

අග්‍රාමාත්‍ය මාධ්‍ය අංශය.

අග්‍රාමාත්‍යවරයා මේ බව ප්‍රකාශ කළේ  අග්‍රාමාත්‍ය කාර්යාලය සංවිධානය කරන  සංකථන මණ්ඩපය ශාස්ත්‍රීය වේදිකාව (දෙවන පියවර) 2023.03.13  දින අරලියගහ මන්දිරයේදී පැවති අවස්ථාවෙදීය.   

මෙවර   උඩරට කැරැල්ල සහ   මුරුසි සිරකරුවන්”  මැයෙන්   ප්‍රධාන දේශනය පුරා විද්‍යා අධ්‍යක්ෂ ජනරාල් මහාචාර්ය අනුර මනතුංග මහතා විසින් සිදුකරනු ලැබීය.

එහිදී අදහස් දැක් වූ අග්‍රාමාත්‍යවරයා –

 එදා අත්අඩංගුවට ගත් අපේ ජාතික වීරවරයන්ට එරෙහිව නිකුත් කරපු නිවේදනයේ බරපතළ කමේ  අනෙක් පැත්ත තමයි මේ අයගේ ජීවිත ආරක්ෂාවට එරෙහිව අපේ රටේ මුළු උඩරට ඉඩම් බ්‍රිතාන්‍යයන්  සන්තක කරගත්තා.

මේ සිරකරුවන්ගේ සහ සියලු පවුල් වලත් පසුව ඔවුන් ජීවත්වෙන ගම් නියම් ගම්  රාජසන්තක කළා. එය අපට තවම නිවැරදි කරගන්න බැරි වී තිබෙනවා.

 ඉඩම් ප්‍රතිසංස්කරණ කොමිෂන් සභා පනත කියලා පනතක් ආවා. ඉන් පස්සෙ තවත් පනතක් ආවා. විදේශ රන් පවුම් වතු ජනසතු පනත කියලා. රන් පවුම් වතු ජනසතු කරන කොට මුරුසියේ කතාවේ එන උඩරට ඉඩම් අක්කරයක් රන් පවුමකට වත් නෙවෙයි විකුණලා තියෙන්නේ. සිළිමකට. සිළිම කියන්නේ ඒ කාලේ  ඉතාම අඩුම මුදලක්. මෙය නිවැරදි කරන්න අපිට බැරිවුනා. දැන් බොහොම කාලයක් ගතවෙලා තිබෙනවා. නිවැරදි කළ යුතු දෙවැනි ගැසට් නිවේදනය නිවැරදි කිරීම ඉතාම වැදගත් වෙනවා.

ලංකාවේ ස්වභාවිකව අපේ රට ආරක්ෂා කරන මහා ජල කඳ තිබෙන කන්ද උඩරට ආරක්ෂා කළ යුතුයි. අපි මේ  රටේ පහලින් කොන්ක්‍රීට් දදා  වතුර රකින්න හදනවා.  ඉහළින්  සිදුවුණු ඒ මහා විනාශයට තවමත් නිවැරදි පියවරක් ගෙන නැහැ. දෙවැන්න උඩරට ජනතාවගේ උරුමය යළිත් ශක්තිමත් කරන්නට දෙපයින් නැගී සිටින ජනතාවක් ලෙස නැගී සිටින්නට අවශ්‍ය සහයෝගය සම්පූර්ණයෙන්ම ලැබිලා  නැහැ.   

එදා මුරුසියට ගෙනගිය අපේ සිරකරුවන් ලෙස යවන ලද මේ අයට ඒ දඬුවම් ප්‍රකාශයට පත් කරන්නට පුලුවන්ද කියන ප්‍රශ්ණය තිබෙනවා.   ඒ වෙනුවෙන් අපේ කෙනෙක් තවම නම් අධිකරණයට ගිහිල්ලා නැහැ. මම ඒකයි කිව්වේ අපේ රාජ්‍ය නීතිඥවරු ජනාධිපති නීතිඥවරු ආදී ඉන්නවා. රාජද්‍රෝහීන් බවට පත් කරපු ඒ කිරුළේ තීරණය නිවැරදි කරන්න තවම නීතිමය වශයෙන් ක්‍රියාත්මක වෙලා නැහැ.

ඒ නීතිමය පැත්ත වශයෙන් අපි අපට තිබෙන මේ බලපෑම් සහ අද වර්තමානයේ ඇතිවී තිබෙන තත්ත්වයන් තුළ සලකා බැලීම වටිනවා කියලා මම හිතනවා.  

 උපක්‍රමශීලීව ජාත්‍යන්තර ගිවිසුමක දී ලංකාව නැමැති ඔප්පුව භාරදුන්නා ඉංග්‍රීසීන්ට. ඒක තමයි ඉංග්‍රීසීන්ගේ පැමිණීම. ලන්දේසින් හා ඉංග්‍රීසින් අතර ඇතිකරගත් එක් ගිවිසුමක්. නමුත් කන්ද උඩරට ජනතාව ආරක්ෂා කළ දේවල් අවසානයේදී ආක්‍රමණයන්ට හා   කුමන්ත්‍රණයන්ට ගොදුරු වී ඇති  තත්ත්වය මේ මුරුසි දිවයිනේ අපේ ජාතික වීරවරයන්ගේ කතාව ලියවෙන අවසාන කාල පරිච්ඡේදයේ සඳහන් වන ඉතාම වැදගත් කාරණයක්.

අපි මේවා ගැන මැදිහත් වෙන්න පුළුවන් ප්‍රමාණය හරි මැදිහත් වුනොත් අනාගත  තරුණ පරම්පරාව ඉදිරියට ගෙන යයි.   විවිධ සංවිධානවල  ජේෂ්ඨයන් ඉතිහාසඥයන් එකතු කරපු තොරතුරු මත මෙය නිවැරදි කිරීම ජාත්‍යන්තරව පිළිගත් නැති තත්ත්වය නෙවෙයි තියෙන්නේ. අද එය නිවැරදි කිරීමට සිදුවන බව ඔවුන්පිළිගන්නවා.

මගේ ආදරණීය පියා පිලිප් ගුණවර්ධන මැතිතුමාවත්  එන්, එම් පෙරේරා මැතිතුමාවත්  කොල්වින් ආර් ද සිල්වා මැතිතුමාවත් ඉංග්‍රීසි ආණ්ඩුව පෙරළා දැමීමට කුමන්ත්‍රණය කළා කියලා මාංචු දාලා බෝගම්බර හිර ගෙදරට ගෙනගියා. මමත් ගියා බලන්න.  ඇහැලේපොළ මාතාව දරුණු වධ හිංසනයට ලක් වූ   භූමියේ අයිනේම තියන ගොඩනැගිල්ලේ දේශපාලන සිරකරුවන් රාශියක් සිටියා.  

සුදු ආණ්ඩුවට එරෙහිව කැප්පෙටිපොළ වීරයා, ගොන්ගාලේ ගොඩබන්ඩා, කුඩාපොල හාමුදුරුවෝ සාක්කි බංකුවට නැඟලා තමන්ගේ රට වෙනුවෙන් කිව්වේ අපේ නඩුඅහන්න උඹලට බලයක් නැහැ කියලයි. ඊලඟ දිනයට නඩුව කල් තිබ්බා. පහුවදා ඔවුන්ව රාජද්‍රෝහීන් හැටියට හිරගෙදරට යවන්න නියම කලා.

මුරුසි දූපතේ සිරබත් කෑ සිරකරුවන්ගේ  කතා වගේම  ඊට සම්බන්ධ  පුද්ගලයින් වෙනුවෙන්  ලංකාවේ විශ්ව විද්‍යාලවල ඉතිහාස පීඨයන් මේ ගැන සුවිශේෂ  උනන්දුවක් දැක්වීම ඉල්ලා සිටිනවා.  අග්‍රාමාත්‍යවරයා හැටියට ඊට අදාලව කැබිනට් පත්‍රයක් ඉදිරිපත් කිරීමට මම ජනාධිපතිතුමාට කියලා අවස්ථාව ලබා ගන්නම්.    

  මහාචාර්ය පාතේගම ඤාණිස්සර හිමි ඇතුළු මහා සංඝරත්නය, පාර්ලිමේන්තු මන්ත්‍රීවරුන් වන නාලක කෝට්ටේගොඩ, යදාමිණී ගුණවර්ධන, උඩරට විරුවන්ගේ මී මුනුපුරන් ඇල්ලෙපොල පදනම, උඩරට පාරම්පරික රදළ සංසදය, මඩුගල්ල පදනම,  කැප්පෙටිපොල පදනම, ඇහැලේපොළ පදනම, මාතලේ වීරවරයන් සිහිකිරීමේ පදනම, ජාතික සංවිධාන නියෝජිතයින්, සාහිත්‍යවේදීන්, ගුරුවරුන්, විශ්ව විද්‍යාල , පාසැල්,  දරුවන්  සහ ක්ෂේත්‍ර ගණනාවක් නියෝජනය කරන විද්වතුන් රැසක් මෙම අවස්ථාවට සහභාගී වූහ.  

අග්‍රාමාත්‍ය මාධ්‍ය අංශය.

චීන ජනාධිපති ෂි ජින්පිං මහතාගේ තෙවැනි ධුර කාලය වෙනුවෙන්  අග්‍රාමාත්‍ය දිනේෂ් ගුණවර්ධන මහතාගෙන් සුභපැතුම්.

March 14th, 2023

අග්‍රාමාත්‍ය මාධ්‍ය අංශය.

චීන ජනාධිපති ෂි ජින්පිං මහතාගේ තෙවැනි ධුර කාලය වෙනුවෙන් අග්‍රාමාත්‍ය දිනේෂ් ගුණවර්ධන මහතා සිය සුභපැතුම් එක් කරනු ලැබීය.

2023.03.13 දින සුභ පැතුම් පණිවිඩයක් නිකුත් කරමින් අග්‍රාමාත්‍යවරයා මෙලෙස සුභපැතුම් එක් කළේය.චිනය සහ ශ්‍රී ලංකාව අතර පවතින සමීප මිත්‍රත්වය හා සහයෝගීතාව තව තවත් ශක්තිමත් කිරීමට චින රජය සමග අඛණ්ඩව කටයුතු කිරීමට බලාපොරොත්තු වන බව අග්‍රාමාත්‍යවරයා සිය සුභපැතුම් පණිවිඩයේ සඳහන්කර තිබේ. නව ධුර කාලය රටවාසී ලෝකවාසී සියළුදෙනාගේ යහපත පිණිස වනු ඇතැයි එතුමා සිය සුභපැතුම් පණිවිඩයෙන් විශ්වාසය පළකර ඇත.

නව පුෂ්පරාග මැණිකක් රත්නපුරෙන් සොයාගැනීමට පර්යේෂණ කණ්ඩායමක් සමත්වෙයි

March 14th, 2023

සටහන : – පේශල පසන් කරුණාරත්න

ශ්‍රී ලංකාවට ආවේණික නව භෞමික උඩවැඩියා ශාක විශේෂයක් සබරගමු පළාතේ රත්නපුර දිස්ත්‍රික්කයෙහි රත්නපුර ප්‍රාදේශීය ලේකම් කොට්ඨාස සීමාවේ වලංකන්ද ප්‍රදේශය තුලින් සොයා ගැනීමට පර්යේෂකයන් පිරිසක් සමත්වී තිබේ. රත්නපුර ප්‍රාදේශීය ලේකම් කොට්ඨාශයේ වලන්කන්ද ප්‍රදේශයේ අධ්‍යනයේ යෙදුනු පේරාදෙණිය විශ්වවිද්‍යාලයේ ආචාර්ය උපාධි අපේක්ෂක, පේරාදෙණිය උද්භිද උද්‍යාන ජාතික ශාකාගාරයේ හිටපු නිලධාරියකු වන භාතිය ගොපල්ලව මහතා සහ රජරට විශ්වවිද්‍යාලයේ පශ්චාත් උපාධි අපේක්ෂකයෙකු වන අමිල පෙරේරා මහතා යන දෙපළ විසින් 2021 වර්ෂයේදී සිදුකල අධ්‍යයනයකදී ප්‍රථම වරට මෙම ශාක විශේෂය වාර්තා කිරීමට හැකි විය.

2021 වර්ෂයේදී නව සොයා ගැනීමත් සමග භාතිය ගොපල්ලව මහතා විසින් පර්යේෂණ පත්‍රිකාව සකස් කිරීමේ කටයුතු ආරම්භ කර ඇති අතර එම කාර්ය සිදු කර පර්යේෂණ පත්‍රිකාව ප්‍රකාශයට පත් කරන කාලය අතුර තුර ශාක පිලිබඳව පර්යේශණයේ යෙදෙන හර්ශ සම්පත් මහතා විසින් දෙවන වරට සිංහරාජය තුලින් සහ ලසිත ප්‍රගීත් මහතා හට තෙවන වරට කලවාන ප්‍රදේශය තුලින් මෙම ශාක විශේෂය වාර්තා කිරීමට හැකිව ඇත.

සිංහල භාෂාවෙන් මෙම පැළෑටිය හඳුන්වන නාමයක් තවමත් නොමැති අතර මෙරටට ආවේණික නව භෞමික උඩවැඩියා විශේෂයක් බැවින් ඉංග්‍රීසි හෝ වෙනත් භාෂාවකින් හඳුන්වන නාමයක්ද මෙම පෑලෑටි විශේෂය සඳහා නොමැත. රත්නපුර දිස්ත්‍රික්කයෙන් වාර්ථා වූ නිසාවෙන් රත්නපුර ප්‍රදේශයේ ප්‍රසිද්ධ මැණික් ප්‍රභේදයක් වූ පුෂ්පරාග මැණික් ප්‍රභේදයේ පැහැයට මෙම උඩවැඩියා විශේෂයේ පැහැය සමාන වීම, පුෂ්පරාග මැණික් සොයා ගන්නා පොලවෙන්ම හමුවූ භෞමික උඩවැඩියා විශේෂයක් වීම, පුෂ්පරාග මැණික් තුල පවතින කහ පැහැය සහ රතුපැහැ අනුවර්ණය මෙම ශාක විශේෂයේ කහ පැහැති පුෂ්පයත් එහි මැද ඇති රතු පැහැයට සමාන වීම හේතු නිසාවෙන් පර්යේශකයන් විසින් මෙම ශාක විශේෂය නාමකරණයේදී ශාකයට අයත් විශේෂ නාමය ලෙස pushparaga යන නම යෙදීමට කටයුතු කර ඇත. එ් අනුව Gastrodia pushparaga යන විද්‍යාත්මක නාමය සහිත මෙම ශාක විශේෂයේ විද්‍යාත්මක වර්ගීකරණය සැලකීමේදී ශාක රාජධානියේ Asparagales පෙළපතට අයත් Orchidaceae පවුලේ Epidendroideae උප පවුලට අයත් Gastrodieae ගෝත්‍රයේ Gastrodia ගණයේ G. pushparaga යන විශේෂයට අයත්වේ.

උඩවැඩියා විශේෂ අතරින් භෞමික උඩවැඩියා විශේෂයක් වන මෙම ශාක විශේෂය පරපෝෂී(Holomycotrophic ) ශාක විශේෂයකි මෙහි ශාක පත්‍ර දක්නට නොලැබෙන අතර පොලව අභ්‍යන්තරයේ පවතින රෛසෝමයක් මගින් මලක් පමණක් හට ගන්නා අතර එය සෙන්ටිමීටර කිහිපයක විශාලත්වයකින් යුක්ත වේ. කහ පැහැති පුෂ්පය මැදට වන්නට ඇති රතු පැහැය පුෂ්පයේ අලංකාරය වඩාත් ඉස්මතු කරයි. 

මෙම ශාක විශේෂය  අයත් වන Gastrodia ශාක ගණය තුල ලෝකය පුරාම විශේෂ 95ක් පමණ වාර්තා වී ඇති අතර නව සොයා ගැනීමට අයත් ශාක විශේෂය සහ Gastrodia zeylanica, Gastrodia gunethilakeorum  යන විශේෂ තුන පමණක් ලංකාවට අවේනික වේ. මෙම නව සොයා ගැනීමත් සමග ලාංකාවේ සියළුම දේශීය උඩවැඩියා විශේෂ සංඛ්‍යාව 194 ලෙස ඉහල යන අතර ආවේනික උඩවැඩියා විශේෂ සංඛ්‍යාව 63 ලෙස ඉහල යෑම සිදුවනවා. පර්යේෂකයන්ගේ පුරෝකථනයන්ට අනුව ඉදිරියේදී මෙම සංඛ්‍යාව ඉහල යා හැකි අතර නව සොයා ගැනීම සිදුකල ශාක විශේෂය පිලිබඳව සකස්කල පර්යේෂණ පත්‍රිකාව 2023.03.14 වන දින අන්තර් ජාතික පර්යේෂණ පත්‍ර ප්‍රකාශයට පත්කරන www.biotaxa.org යන වෙබ් අඩවිය තුල ලෝකයට ප්‍රකාශයට පත්කිරීම සිදුවිය. එය ලංකාවේ වටිනාකමට මෙන්ම ලංකාව තුල සිදුවූ ශාක පර්යේෂණයන්ට විශාල වටිනාකමක් එක්කිරීමටද හැකිවිය.

මෙම පර්යේෂණ පත්‍රිකාව එලි දැක්වීම සඳහා භාතිය ගොපල්ලව මහතා (පේරාදෙණිය විශ්ව විද්‍යාලය) සහ අමිල පෙරේරා මහතා (රජරට විශ්ව විද්‍යාලය) සමගින් ඉන්ද්‍රකීල මාදොල මහතා (වයඹ විශ්ව විද්‍යාලය), මහාචාර්‍ය දීප්ති යකන්දාවල මහත්මිය (පේරාදෙණිය විශ්ව විද්‍යාලය), හර්ෂ සම්පත් ජයවික්‍රම මහතා (ඌව වෙල්ලස්ස විශ්ව විද්‍යාලය), Dr.Pankaj Kumar(Curtin University,Australia), Prof.Mark Chase(Kew Botanic Gardens,England) යන මහත්ම මහත්මීන්ගෙන් යුක්ත විශාල කණ්ඩායමක සහයද ලැබී ඇත. කෙසේ නමුත් දැනට ලංකාව තුල සිදුවන සීඝ්‍ර වන විනාශයන් නිසාවෙන් මෙවැනි ශාක විශේෂ හඳුනාගැනීමටත් ප්‍රථම ලෝකයෙන් තුරන්වීම සිදුවන අතර ලංකාව තුල පවත්නා වනාන්තර පද්ධති සංරක්ෂණය කිරීමට කටයුතු කිරීම සිදුකල යුතුවේ.. ඒ මගින්  මෙවැනි විශාල වටිනාකමක් සහිත දුර්ලභ ශාක විශේෂ ආරක්ෂා කර ගැනීමට මෙන්ම මෙම ජීව විශේෂ අනාගත ලෝකයට උරුම කර දීමට  හැකි වනු ඇත.

සටහන : – පේශල පසන් කරුණාරත්න

මෙම ශාකය පිලිබඳ වැඩි විස්තර සඳහා – 0713173663 (භාතිය ගොපල්ලව මහතා)

Lanka Property Show 2023 8th Edition Goes Hybrid this Year, Promoting Sri Lankan Properties to a Worldwide Audience

March 14th, 2023

Lanka Property Web (Pvt) Ltd

Lanka Property Show, the largest real estate exhibition in Sri Lanka is being organised by LankaPropertyWeb, Sri Lanka’s leading online real estate marketplace for the 8th time this year, on the 18th and 19th of March at the Kingsbury hotel, from 8.00 a.m. to 10.00 p.m. 

As one of the leading figures in the Sri Lankan real estate market, LankaPropertyWeb organises the show as a platform where all market stakeholders can collaborate and promote properties on offer to a local and international audience as a pillar to uplift the country’s real estate market.

This year, LankaPropertyWeb celebrates the success of both past physical and virtual versions of the Lanka Property Show by organising its first-ever hybrid Lanka Property Show, with the physical version returning after 2020. 

As the market sentiment increases with the rupee appreciation, the pending International Monetary Fund (IMF) economic support facility of about US$2.9 billion, and the interest of overseas buyers increasing by 40% (according to the Sri Lanka Real Estate Market Outlook Report 2023), LankaPropertyWeb has identified the need for the 8th installment of the Lanka Property Show as a timely boost for the real estate industry.

A vast range of audiences, including local and foreign buyers and investors will be in attendance at the event, giving real estate developers, agents, house builders, banks offering home loans, solar power providers, and other real estate industry stakeholders the opportunity to present their properties, special deals and offerings to potential buyers.

Lanka Property Show 2023 will be attended by 20+ developers featuring more than 40 projects to be present at the show, offering exclusive discounts, offers, and deals to buyers who make a booking/reservation at the event. In addition, special loan rates are expected to be on the tables of banking partners who will be present at the event, giving an extra reason for buyers to visit the show. As an additional perk, a free preliminary legal assistance service on both days from a prominent panel of lawyers will be featured during the event.

The Investment Forum, a panel discussion about the Sri Lankan real estate industry and its opportunities will take place on both days, featuring eminent business leaders from various sectors such as global financial institutions, infrastructure development, real estate, and finance. The panel will have discussions under ‘Navigating Challenges and Attracting Investments to Sri Lanka and Its Real Estate Market’, ‘Strategies when Building a Complete House at a Low Cost in 2023’, and ‘Uncovering Sri Lanka’s Hidden Investment Opportunities on Saturday (18th March) morning and evening, and Sunday (19th March) respectively. With the chance to get the best offers from developers and agents, discover the latest real estate market trends, get the full details of the panel discussions and the panelists, and look into investment prospects at the show, visitors can now register for Lanka Property Show 2023 at LPW.LK/events

Data shows fuel prices in India decline as they rise in various countries

March 14th, 2023

Courtesy DTNext

Further, data also revealed that the price difference between BJP and non-BJP-ruled states differ, with prices ruling higher in various non-BJP states.

NEW DELHI: Prices of petrol and diesel increased in India’s immediate neighborhood and as well as some other advanced countries at a time when they declined back home in India, data from various sources showed.

In past one year, petrol and diesel prices in Pakistan, Bangladesh, Sri Lanka, and Nepal rose 22-38 per cent and 20-104 per cent, respectively, data showed.

In countries such as France, Italy, and Spain, they rose 3-8 per cent cumulatively. During the same period in India, they, however, declined 3.7-5.0 per cent.

Further, data also revealed that the price difference between BJP and non-BJP-ruled states differ, with prices ruling higher in various non-BJP states.

Sri Lanka clears key anti-corruption legislation mandated by IMF – spokesperson

March 14th, 2023

Courtesy CNA

COLOMBO : Sri Lanka has approved an anti-corruption legislation that is a key clause in the actions needed for its $2.9 billion bailout from the International Monetary Fund (IMF), a government spokesperson said on Tuesday.

The proposed anti-corruption legislation is part of the IMF staff-level agreement that economic crisis-hit Sri Lanka agreed to last September.

“This anti-corruption legislation has been requested by many parties and will also help us get assistance from the IMF and other multilateral partners,” spokesperson Bandula Gunawardena told reporters after a meeting of the cabinet.

“This bill will ensure that funds received by Sri Lanka will be used in a responsible manner and for essential projects,”

Sinopec proposes to fully finance Sri Lanka refinery

March 14th, 2023

Courtesy Argus Media

Chinese state-owned Sinopec has proposed to fully finance the construction of a refinery in Hambantota district in Sri Lanka, the island nation said on 13 March.

Representatives from Sinopec presented Sri Lankan president Ranil Wickremesinghe with a proposal, and also confirmed their “readiness to invest in the import, storage, distribution, and marketing of fuel to cater to Sri Lanka’s energy requirements”, the president’s media division said on 13 March.

The Sri Lankan government had last month invited expressions of interest to set up an oil refinery and oil product processing plant near the strategic Hambantota port. Interested parties are expected to build, own and operate the refinery. The government expects the export-oriented project to have a minimum capacity of 100,000 b/d.

During the discussion with the Sinopec representatives, the Sri Lankan government had taken a “principled decision” to expand the distribution of fuel, which will commence soon, the president’s media division said.

Sri Lanka has been dealing with its worst foreign exchange crisis since gaining independence in 1948, resulting in fuel, food and power shortages. The country consumes 110,000 b/d of oil products but only produces around 35,000 b/d from its ageing 50,000 b/d Kelaniya refinery. Sri Lanka is completely dependent on crude imports, and its inability to pay for these during the continuing foreign exchange crisis has led to frequent shutdowns at Kelaniya and fuel shortages. Sri Lanka’s retail fuel market is currently dominated by state-controlled importer Ceylon Petroleum (Ceypetco) and fellow fuel importer Lanka IOC, the Sri Lankan subsidiary of Indian state-controlled refiner IOC.

Other potential energy sector investments were also discussed with the Sinopec representatives, Sri Lankan minister of power and energy Kanchana Wijesekera said on 14 March, but did not provide further details.

Officials from Sinopec as well as Chinese state-owned shipping firm China Merchants are on a visit to Sri Lanka to “enhance cooperation and further investment on petroleum and chemicals, trade, and port and industrial park operations”, the Chinese embassy in Sri Lanka had said on 12 March, without disclosing further details.

China Merchants Port, a subsidiary of China Merchants, is the majority owner of Hambantota International Port, which operates the deepwater port. Sri Lanka handed control of Hambantota port to China under a 99-year lease in December 2017 after being hit with crippling debts to Beijing.

Sinopec created a Sri Lankan unit, Sinopec Fuel Oil Lanka, in 2019, and began considering investing in a refinery at Hambantota port. Sinopec commenced operations at the oil depot in Hambantota port in April 2020, refuelling its first ship. The port also received its first bunker fuel cargo that month.

By Pranav Joshi

Why are We So Scared of India? – Part-I

March 14th, 2023

By Shirani ranasinghe Courtesy Ceylon Today

Three experiences – the 1987 Indian intervention, 2015 regime change operation and the Russian-Ukraine war has made the Sri Lanka Government extremely scared of India. Unfortunately, the time we managed a successful relationship with India, between 2005 and 2009, during the height of the war against terrorism, is almost forgotten. Therefore, we fail to draw lessons from that period and strategy employed to improve relations with our closest neighbour. Instead, we look at the most negative incidents and scare ourselves senseless. 

India’s national security 

Our state of fear was yet again highlighted by the comments made by our Foreign Minister
Ali Sabry to the Indian media, during his visit to India earlier this month. He said the bilateral relations with India is the most important relationship in Sri Lanka’s foreign policy because of the economic size, the neighbourhood, the kind of things we share with each other. 

Thus, he assured his Indian audience that while Sri Lanka would work with everyone, others would be disallowed from undermining ‘under the guise of anything’ India’s legitimate security or other interests – A neighbour who had been with us through thick and thin.”

It is a matter of grave concern that Minister Sabry is not a lone sheep. In 2020, the then Foreign Secretary Admiral Jayanath Colombage created quite a stir when he pronounced, during a one-to-one interview in the local media, that Sri Lanka’s top priority is India’s security. 

NPP leader Anura Kumara Dissanayake, too, said, at a recent interview, that while he is fond of China, our relations must be with India. To further his point, he referred to India’s justification for the 1987 intervention, which was that India’s national security is important to India. 

India has been consistently vociferous about their national security. This was the same justification made for aiding and abetting terrorism in Sri Lanka from the 1970s decade until 21.5.1991. India blamed Sri Lanka’s close ties with the US for the unprovoked aggression on a friendly neighbour. 

We heard this same justification when relations fell apart in 2014. This time the reason given was the partnership we have with China. Allowing two Chinese submarines to dock at the Colombo Port, during both their outgoing and returning trips, were declared a threat to Indian security.

The same declaration was repeated when the Chinese Yuan Wang 5 research and survey vessel made a scheduled stopover at the Hambantota Port in 2022. Declaring it to be a spy ship, India vehemently protested against its docking for replenishments. However, when pressed for specific concerns, India failed to furnish any, which left Sri Lanka without reason to refuse entry of this ship into the Sri Lankan harbour. 

Outwardly there had not been any signs of displeasure towards Sri Lanka from India. In fact, India had continued to support Sri Lanka through the ongoing economic crisis – including giving the assurances required by the IMF to proceed with the USD 2.9 billion bailout package. 

Yet, this has not stopped the Indian media from speculating on Sri Lanka’s Foreign Minister’s visit. It is thought that this visit was an effort to reset relations with India after the controversy over the Chinese vessel. When questioned over the ‘fallout’, Minister Sabry said he
managed to talk through” with his Indian counterpart Dr. S.Jaishankar and Sri Lanka wants to ‘balance things’ to ensure peace. 

What about our national security?

National security is not only a priority to India – it is the utmost concern for all nations. Therefore, Sri Lanka’s top priority cannot be India’s security. It needs to be Sri Lanka’s security. To ensure Sri Lanka’s security, India’s security can be taken into consideration but only as a strategy. 

Whether as a strategy or as a priority, Sri Lanka has consistently pledged to uphold India’s security. We have communicated that our commitment would not be a passive one but an active one, as was underlined by Minister Sabry’s recent comments that Sri Lanka would disallow any other from undermining under the guise of anything” India’s legitimate security or other interests. 

This statement raises a number of pertinent questions. 

1. How far are we willing to go to ensure India’s legitimate security and other interests?

2. Has prioritising India’s security secured our security? 

3. Have the justifications put forth by India for destabilising our country politically and/or militarily reasonable and justifiable?

4. Has India’s tactics to pressurise/destabilise Sri Lanka worked in India’s favour? 

5. Is there another, better strategy/policy we can adapt that will benefit Sri Lanka and her relations with India? 

What is meant by India’s legitimate security and other interests?

Minister Sabry’s unspecified ‘other interests’ is a matter to take serious note. If India decides that it is in India’s interest that her neighbours, particularly small ones like Sri Lanka stays small in terms of parameters such as economy, military strength and capabilities, should Sri Lanka concede? 

These are not farfetched arguments. The opportunity to finance the construction of the Hambanthota Port was first offered to India. Despite repeated visits to India and numerous meetings with the Indian Government, the matter simply dragged on for half a year. 

India’s problem was not simply the cost of the project. According to Forbes, India’s fortunes as a global trading power have been dogged for years by a glaring anomaly:  30 per cent of the nation’s export and import of sea-based cargo must be transshipped via foreign hubs. The majority of the country’s ports are grossly inefficient and cannot accommodate state-of-the-art ocean-going vessels. This constraint on trade directly affects India’s economic growth prospects.” 

In this context, to allow the Hambanthota Port would have directly challenged the Sagarmala Port project that had been mooted since 2003. This project, estimated at USD 120 billion, envisages to maximise India’s vast coastline by setting up new mega ports, modernising India’s existing ports, developing 14 Coastal Economic Zones and Coastal Economic Units, enhancing port connectivity via road, rail, multi-modal logistics parks, pipelines and waterways and promoting coastal community development. This is to boost exports by USD 110 billion and generating around 10 million employment opportunities. 

India never articulated any of these concerns to Sri Lanka. Instead, without refusing to finance the Hambanthota Port project, by not giving a definite word, the project was dragged for six or so months. If we stayed in the mind-frame that we should not explore our options beyond the Indian sphere, the Hambanthota Port would still be only a concept paper. 

When Sri Lanka partnered with China to build the Colombo Port City, India protested. According to Professor Sudharshan Senevirathna, the then Sri Lankan High Commissioner to India, National Security Advisor to the Indian Government Ajit Doval had expressly protested against the project. Doval had told the then Defense Secretary Gotabaya Rajapaksa that small countries such as Sri Lanka do not need such big projects. 

Yet, the Colombo Port City is our biggest foreign direct investment and holds much promise. Even though its infrastructure are still under construction, the Port City has a positive vibe and is attracting much attention. Its riding school, Ceylon Riding Club Port City and Beach Park cafe are already throbbing with activity. In the coming years, the Port City will offer a whole range of new experiences and employment opportunities for Sri Lanka. 

Therefore, Minister Sabry’s pledge to uphold India’s unspecified ‘other interests’ is not a matter to be overlooked. We cannot cannibalise our own economic growth to appease India. In December 2021, the Sri Lankan Government suspended the contract awarded to the Chinese firm, Sino Soar Hybrid Technology to install a hybrid renewable energy system on the islands off Jaffna’s coast – Delft, Nagadeepa and Analthivu due to ‘security concern’ from a third party. 

In effect, we have disallowed our own progress. Did we benefit from this move is the question before us. 

ranasingheshivanthi@gmail.com

(The views and opinions expressed in this article are writer’s own and do not necessarily reflect the official policy or position of Ceylon Today)

BY Shivanthi Ranasinghe

Continuous strikes in SL are plotted by international forces: Vajira

March 14th, 2023

Courtesy The Daily Mirror

NPP member K. D. Lalkantha has understood the reality and is correct in opposing continuous strikes, Presidential Advisor and UNP MP Vajira Abeywardene said today.

Lalkantha seemed to understand the reality and the disruption caused by strikes and protests. This is why he said he is opposed to continuous strikes,” Abeywardene told a press conference. 

The general strike scheduled for tomorrow will push the country into a deep crisis and it will not be able to come out in 25 years if it succeeds. However, it is sure to be a failure,” he added.

He alleged that those who want to stage a strike and political parties who back them are used by some international forces.

Around 125 political leaders have been killed since independence. The assassinations have been found but nothing has been disclosed on those who organized the plots. The fall of the government in 2001, the defeat of UNP government in 2004, the Easter Sunday attack, 53-day government and fall of President Gotabaya Rajapaksa’s government are part of conspiracies by international forces.  Some political parties and trade unions have fallen into the trap set by these international forces,” he added. (Yohan Perera)

TU action held to sabotage IMF bailout: Bandula

March 14th, 2023

Courtesy The Daily Mirror

The main objective of the strike launched by a cross-section of trade unions is not to win demands but to sabotage the program to obtain an Extended Fund Facility (EFF) of US$ 2.9 billion from the IMF, cabinet Spokesman, Media, Transport and Highways Minister Dr. Bandula Gunawardana said today.

The trade union action by teachers demanding to increase the payments for marking the GCE A/L answer scripts to Rs 3,000 came under heavy criticism by Minister Dr. Gunawardana who said the demand was extremely unfair, indecent and treacherous.

Explaining the government’s strategy after the IMF released the first tranche of the EFF of US$ 2.9 billion, the government expects further financial assistance from the ADB, the World Bank, and JAICA fattening Sri Lanka’s foreign reserves to nearly US$ 10 billion. 

This will help to further appreciate the rupee, drop CoL ratio to a single digit and improve confidence on Sri Lanka among global financial agencies, creditors and investors which will user in a booming economy. 

The first and foremost beneficiaries of the resurgence of the economy will be public servants. Therefore, they must be patient for another few months to enjoy the dividends of the government’s economic policy, he added.

Minister Gunawardana said the IMF board is scheduled to meet and approve the EFF for Sri Lanka on March 20th. The ongoing trade union action is aimed at undermining IMF program.

He made an appeal to striking trade unions not to engage in treacherous and betrayal acts by demanding unfair demands at this difficult time and added the government would pass the benefits of expected economic boom in full to the public in the next few months.(Sandun A Jayasekera)

Leave of all railway workers cancelled for tomorrow with immediate effect

March 14th, 2023

Courtesy The Daily Mirror

All leaves of all Railways Department workers designated as Essential Public Service will be cancelled with immediate effect, the Transport Ministry said.

Officials said that the Railways Department had been Gazetted as Essential Service” following an Extra Ordinary Notification (2321/07) issued on February 23 by the President.

Accordingly, the Railways General Manager W.A.D.S. Gunasinghe has taken steps to cancel the leave of all the staff of the Sri Lanka Railways, which has been declared an essential public service in terms of Section 2 of the Essential Public Services Act No. 61 of 1979, with immediate effect from March 14, 2023.

According to the announcement, the General Manager has informed all the heads of the Departments to demand explanation from all workers who do not report to work tomorrow (15) and submit a report in order to maintain the railway service continuously and efficiently. (Chaturanga Pradeep Samarawickrama)

Banks lift overseas spending limits imposed on credit cards as dollar liquidity improves

March 14th, 2023

Courtesy The Daily Mirror

Several credit card issuers have lifted the limits that hitherto had on overseas use, as they saw their foreign currency conditions improving substantially in the recent times, providing them a lot more room to allow their cardholders with higher spending thresholds when they travel overseas.


When the country’s foreign currency conditions were getting tightened last year, the banks that issued credit cards imposed daily limits on card usage on payments made overseas, to preserve the limited foreign currency within the country. 


However, the recent excess foreign currency liquidity conditions in the local banking sector has prompted them to do away with such limits and allow freedom to the cardholders to spend on things up to their credit card limits. 


Despite the removal of the limits, the card users must adhere to the other regulatory guidelines when using their cards, such as abstaining from using their credit and debit cards for dealings in foreign exchange, payments related to virtual currency transactions such as Bitcoin, payments related to betting, gaming and gambling activities outside Sri Lanka and payments for import of goods to Sri Lanka for commercial purpose. 


The Central Bank in March 2021 issued a regulatory direction prohibiting such transactions using one’s electronic cards, to preserve foreign currency, which showed early signs of depleting amid the loss of foreign incomes, due to the pandemic and also due to grey 
market activity. 

Psychoanalysis examination for Varsity students

March 14th, 2023

Courtesy The Daily Mirror

Peradeniya University Administration has decided to subject all new entrants to a Psychoanalysis medical test.

Deputy Vice-Chancellor Pro. Terrance Madujith told the media on Sunday evening (12) at the Senate House that the students admitted to the Medical Faculty and the Management Faculty were medically tested and found that five percent of them were in a condition requiring psychiatric treatment.

The media conference was chaired by Vice Chancellor Prof. M. D. Lamawansa.

Prof. Madujith said that the new entrants would be subject to a psychoanalysis test to identify their mental disorders, if any, in addition to the usual medical examination. He pointed out that this decision was taken in view of the suicide of several students.

Vice Chancellor Prof. Lamawansa said after the psychoanalytical test, the students concerned would to provided treatment and open avenues for them to engage in extracurricular activities including sports and aesthetic activities. (Shane Seneviratne)

“ජාමූඅ සාපයට පියවර හතරක්”

March 13th, 2023

Sri Lanka Study Circle”

ජාත්‍යන්තර මූල්‍ය අරමුදලේ ක්‍රියාවලිය ආරම්භ වන්නේ සාමාන්‍යයෙන් තරු 5 හෝටලයක සිදුවන ‘පරීක්ෂණයකින්’ බව ස්ටිග්ලිට්ස් ප්‍රකාශ කරයි, එහිදී මුදල් ඇමතිවරයෙකුට ඔහුගේ ‘ස්වේච්ඡා’ අත්සන සඳහා පූර්ව කෙටුම්පත් කරන ලද ‘ප්‍රතිව්‍යුහගත කිරීමේ ගිවිසුමක්’ භාර දෙනු ලැබේ.

ජාත්‍යන්තර මූල්‍ය අරමුදල සෑම ඇමතිවරයෙකුටම එකම පියවර හතරක වැඩපිළිවෙලක් ලබා දෙයි.
(2015 දී එවකට ශ්‍රී ලංකාවේ මුදල් ඇමති – කරුණානායක – පළමු බැඳුම්කර මගඩියට දින කිහිපයකට පෙර, වොෂින්ටනයේ සිට කැඳවීමට ප්‍රතිචාර දක්වමින්, IMF හි ලගාර්ඩ් වෙත කරුණු දැක්වීමක් සඳහා වාර්තා කළේය. එම දැනුම් දීමෙන් පසු කරුණානායක නැවත කොළඹට පැමිණියේය. ටේල්, ටොඩ් ෂ්නයිඩර් සහ පැසිෆික් දෙපාර්තමේන්තු අධ්‍යක්ෂ ඡන්ග්යොන්ග් ර්‍හී ගේ නායකත්වයෙන් යුත් ඉහළ බලැති IMF කණ්ඩායමක් පැමිණි අතර, මහ බැංකුවේ සිදුවෙමින් පවතින දේ මුලින්ම නිරීක්ෂණය කිරීම සම්බන්ධයෙන් චෝදනා එල්ල විය; බැඳුම්කර මගඩිය බොහෝ දුරට සිදු කරන ලද්දේ ශ්‍රී ලංකා මහ බැංකුවේ නිරීක්ෂණ යටතේ ය IMF අධීක්ෂණ කණ්ඩායම).

පළමු පියවර – මෙම අදියරේ දී රාජ්‍ය වත්කම් පුද්ගලීකරණය කිරීමේ අරමුණ වේ; ස්ටිග්ලිට්ස් පවසන්නේ එය වඩාත් හොඳින් විස්තර කරන්නේ රාජ්‍ය වත්කම් ‘අල්ලස් දීම’ ලෙස බවයි. රාජ්‍ය වත්කම් විකිණීමට පහසුකම් සැලසීමට ජාතික නායකයන් මිල දී ගන්නවා

ජාතියක් තම ජාතික වත්කම් විකුණා දැමූ විට එම වත්කමෙන් රාජ්‍ය භාණ්ඩාගාරයට ගලා එන ආදායම නතර වේ. එය රටේ මූල්‍ය සංචිත ක්‍ෂය කිරීමේ එක් ස්ථිර ක්‍රමයකි, බදු කපා හැරීම, භාණ්ඩ වෙළඳපොලේ බහුවිධ වංචාවන් අවුස්සමින්, කෘෂිකර්මාන්තය වැනි ආර්ථිකයේ සමස්ත ක්ෂේත්‍ර හිතාමතාම විනාශ කරමින් සහ රටේ සුරක්ෂිතාගාරයෙන් සෘජුවම අනුමාන කරමින් නව ආනයන උත්පාදනය කිරීම. ,’ මහ බැංකුව සහ භාණ්ඩාගාරය.

මුහුදෙන් පිටත බැංකු ගිණුම්වල මුදල් තැන්පත් කරන බවට පොරොන්දු වීමත් සමඟ නායකයින් සතුටින් රටේ ජාතික වත්කම්වලට කස පහර දෙති.

දෙවන පියවර – මෙම අදියරෙහි පරමාර්ථය වන්නේ අවසානයේ රටක මූල්‍ය සංචිත බිංදුවට අඩු කිරීමයි. මේ සඳහා, ‘ප්රාග්ධන වෙළඳපොළ ලිබරල්කරණය’ සැලැස්ම (ජනප්රිය “උණුසුම් මුදල් චක්රය” සැලැස්ම ලෙස හැඳින්වේ) බොහෝ විට ක්රියාත්මක වේ; ප්‍රාග්ධනය නිශ්චල දේපල සහ මුදල් වල සමපේක්ෂන ආයෝජන ලෙස රට තුලට ‘මෙහෙයවනු’ ඇත; පළමු කරදරයේ දී, මෙම ආයෝජනයේ නික්ම යාමක් සිදු වේ.

ඉන්දුනීසියාවේ සහ බ්‍රසීලයේ අත්දැකීම වූවාක් මෙන්, සංචිත දින කිහිපයක් ඇතුළත සිඳී ගියේය. (ශ්‍රී ලංකාවේ, පසුව වඩාත් විස්තරාත්මකව විස්තර කර ඇති අතර, භාණ්ඩාගාරය හිස් කිරීමේ ක්‍රියා පටිපාටිය සුළුපටු වෙනස් විය).

ආයෝජනය පලා යන විට, සමපේක්ෂකයින් ජාතියක ප්‍රාග්ධන අරමුදල් ආපසු ලබා දීම සඳහා පොළඹවා ගැනීම සඳහා, IMF ඉල්ලා සිටින්නේ 30% සිට 80% දක්වා ඉහළ පොලී අනුපාත නියම කරන ලෙසයි.

“ප්‍රතිඵල පුරෝකථනය කළ හැකි ය; ඉහළ පොලී අනුපාත දේපල වටිනාකම් විනාශ කරයි, ම්ලේච්ඡ කාර්මික නිෂ්පාදනය සහ ජාතික භාණ්ඩාගාර ඉවතට ඇද දමයි”, Sටිග්ලිට්z පැවසීය.

ඊට සමගාමීව, සමාජ නොසන්සුන්තාවයේ උෂ්ණත්වය තාපාංකයට සමීප වේ.

තුන්වන පියවර – IMF කැරලි ආරම්භ කළේය.

ස්ටිග්ලිට්ස් පවසන්නේ, කිසිදු අපැහැදිලි භාවයකින් තොරව, “කැරලි ජාමූඅ සැලැස්මට ලියා ඇත” යනුවෙනි. ජාත්‍යන්තර මූල්‍ය අරමුදල හුස්ම ගන්නා ජාතිය ‘වෙළඳපොල පදනම් වූ මිලකරණයට’ ඇද දමයි; මෙය, ස්ටිග්ලිට්ස් පැහැදිලි කරන පරිදි, ආහාර, ජලය, ඉවුම් පිහුම් ගෑස්, ඖෂධ සහ ජීවිතය පවත්වා ගැනීමට අවශ්‍ය සියලුම අත්‍යාවශ්‍ය ද්‍රව්‍යවල මිල ඉහළ නැංවීම සඳහා විසිතුරු යෙදුමකි.

මෙය වේදනාකාරී ලෙස පුරෝකථනය කළ හැකි IMF කැරලිවලට තුඩු දෙයි. ජාමූඅ කෝලාහලවල ප්‍රතිඵලයක් ලෙස ප්‍රාග්ධනයේ නව පියාසැරි, ඊටත් වඩා ප්‍රකාශිත සමාජ නොසන්සුන්තාවන්ට සහ ආන්ඩුවේ බංකොලොත් භාවයන්ට මග පාදයි.

ඉන්දුනීසියාවේ ආහාර හා ඉන්ධන කෝලාහල, බොලිවියාවේ ජල කෝලාහල සහ ඉක්වදෝරයේ ඉවුම් පිහුම් ගෑස් කෝලාහල උදාහරණ වේ.

පියවර 4 – “දිළිඳුකම අඩු කිරීමේ උපාය මාර්ගය”
මෙම අදියර කරා ළඟා වූ විට, රට දඟලන්නේ සියල්ල අවසන් ය. මැතිවරණ කල් දැමීම, ආණ්ඩුක්‍රම ව්‍යවස්ථා පෙරළීම, ඒකාධිපති ප්‍රවණතාවලට ඇස් වසා ගැනීම, අධිකරණ ක්‍රියාවලියට මැදිහත් වීම සහ බාධා කිරීම හෝ උපායමාර්ගික වරායන් විකිණීම හෝ වෙනත් ඕනෑම දෙයක් වේවා, ජාමූඅ අතේ කමින් රට ඇත.

ජාත්‍යන්තර මූල්‍ය අරමුදලේ කෝලාහල ප්‍රාග්ධනය රටින් පලා යාමට හේතු වන විට, එය තවත් කොන්දේසි එකතු කිරීමට මුදල් ණය දෙන්නාට තවත් අවස්ථාවක් ලබා දෙයි.

මෙම අදියර දක්වා අඩු වූ රටක මිනිසුන්ගේ ජීවිතයට සහ මරණයට යතුර ඓMF සතුව ඇත; එය ජනතාවට අවශ්‍ය ‘අත්‍යවශ්‍ය භාණ්ඩ’ මිල දී ගන්නා ‘මුදල්’ සැපයුම පාලනය කරයි; මෙම අත්‍යවශ්‍ය දේවල් සඳහා මුදල් ලැබෙනු ඇත්තේ එම රට ජාත්‍යන්තර මූල්‍ය අරමුදලේ ලංසු තැබීම සිදු කළහොත් පමණි.

ස්ටිග්ලිට්ස් ප්‍රකාශ කරන්නේ සාමාන්‍යයෙන් IMF විසින් ජාතික ආන්ඩු මත කොන්දේසි 111 ක් පනවන අතර, එම රටවල විධායකයට, අධිකරණයට සහ ව්‍යවස්ථාදායකයට ඔවුන් විසින් ගත යුතු ක්‍රියාමාර්ග නියම කරමින්, එම ක්‍රියාවලියේදී ජනතා පරමාධිපත්‍යය අමු අමුවේ උල්ලංඝනය කරමින්, ප්‍රජාතන්ත්‍රවාදයේ සාරය.

මෙම අවස්ථාවෙහිදී, ජාමූඅ ස්වෛරී අධිකාරිය ලෙස ජාතික රජය ප්‍රතිස්ථාපනය කර ඇත; රටක ස්වෛරී බලය දැන් වොෂින්ටනයට පැවරී ඇත.

මෙම අදියර කරා ළඟා වන විට ඇමරිකාව එම රට සාර්ථකව යටත් විජිතයක් බවට පත් මෙම උභතෝකෝටිකයට මුහුණ දෙන ඕනෑම ජාතියකට මෙම ඉරණම වළක්වා ගැනීමට හැකි දැයි ස්ටිග්ලිට්ස්ගෙන් විමසූ විට, ඔහු IMF වෙත ඇසුරුම් කිරීමට යන්න” යැයි පැවසූ බොට්ස්වානා හඳුනා ගත්තේය.

සාපේක්ෂව, ශ්‍රී ලංකාවට තීරණය කළ වාසියක් ඇත; එය එසේ නොවන විට රට බංකොලොත් බව ප්‍රකාශ කිරීමට නන්දසේනගේ සහ සබ්‍රිගේ විකාර ක්‍රියාදාමයේ දී පවා – ශ්‍රී ලංකාවේ සියලුම විදේශ ණය යටපත් කර දිවයින ජාතියට අවස්ථාව සලසා දුන් මිත්‍රශීලී ජාතියක් චීනයට ඇත කිසිදු අමුණා ඇති කොන්දේසි නොමැතිව ප්‍රතිලිඛිත අගයේ ආපසු ගෙවීමේ නියමයන් පිළිබඳව ආත්ම ගෞරවයෙන් යුතුව සාකච්ඡා කිරීමට.

මෙම තොරතුරු කෙසේ හෝ හිතාමතාම පොදු වසමෙන් බැහැර කර ඇත.

එමෙන්ම චීනයේ කාරුණිකත්වයට සම කළ හැකි තවත් මිතුරෙකු වන ඉන්දියාවද ශ්‍රී ලංකාවට සිටී.

ජාත්‍යන්තර මූල්‍ය අරමුදලේ මාවතට යාම රට විසින් අනුගමනය කළ යුතු 111 ප්ලස් කොන්දේසි සමඟ ස්වයං-විනාශකාරී ය; ජාත්‍යන්තර මූල්‍ය අරමුදල විසින් පනවා ඇති කොන්දේසි 111, ව්‍යවස්ථාදායකය තුළ ඔවුන් සිටින්නේ කාගේ පරමාධිපත්‍ය බලයෙන්ද යන්න මහජනතාවගේ සංක්‍රාන්ති නියෝජිතයන් විසින් හෙළිදරව් කිරීම ප්‍රතික්ෂේප කිරීම ද්‍රෝහී ය. කර ඇත.

CENTRAL BANK OF SRI LANKA must seek NON-INTERFERENCE not INDEPENDENCE

March 13th, 2023

Shenali D Waduge

Who wants to make Sri Lanka’s Central Bank independent” & why? Who drafted the clauses? What is the sudden rush to make Sri Lanka’s monetary arm independent”? Who included The Central Bank shall be autonomous and accountable as provided for in this Act”. Accountable to whom? Who included The autonomy of the Central Bank shall be respected at all times and no person or entity shall cause any influence on the Governor of the Central Bank or other members of the Governing Board & Monetary Policy Board or employees of the Central Bank in the exercise, performance and discharge of their powers, duties and functions under this Act or interfere with the activities of the Central Bank” (Clause 5.3). Is the clause implying that even Sri Lanka’s judiciary cannot take action against the Central Bank & its members? So long as the Sri Lankan citizens are paying the salaries of the Central Bank, and so long as sovereignty is inalienable & with the people of Sri Lanka as vested in the Constitution of Sri Lanka, the Central Bank is no supra body and the Governor is certainly not above the President of Sri Lanka to be immune from any accountability. It is therefore, imperative to know who drafted the clauses in this Bill presented to Sri Lanka’s Parliament for obviously none inside Parliament has read a word to realize the gravity of the clauses.

No country is today truly independent – every nation is interdependent. When taking loans, countries have to abide by pre-conditions even though they have to pay the loan as well as the interest. When trading, there are conditions laid out which countries have to fulfil. Nothing happens in black & white & nothing can be judged in black & white either.

In July 2020 the US anti-trust subcommittee heard testimonies of CEOs from Amazon, Apple, Facebook & Google accused of abusing their position & invading user privacy via their surveillance networks. It showed there was nothing much the US Govt could do or would do & in fact Govt intel operatives ended up seeking help of the tech firms for various espionage work. independence” was a mere word used.

The Cambridge Analytica/Facebook also showed how personal data is compromised without consent. Some 87million FB users were compromised using thisisyourdigitallife app from which psychological profiles were built & the data was used for political campaigns. Again, we are told these platforms are independent” but they are not.

Even the UN is heavily influenced by powerful nations. Though we are made to believe all countries have one vote – that 5 countries have veto power shows an imbalance, that 500 years of colonial crimes have never been accounted for while the perpetrators of these crimes are today the watchdogs” for human rights & freedoms highlights the hypocrisies that prevail.

From politics, to technology, to economics/trade, military/weapons industry to cultural hegemony where national cultures & traditions are being unfairly diluted with bizarre values & practices via numerous political programs that nations have to agree to, highlights there is no independence for countries today.

If you have understood this, you will then understand or at least question why the central bank of Sri Lanka wishes to be independent” & why its Governor & CB should gain immunity that even the President of Sri Lanka does not have. How can the Governor & Central Bank that enjoys salaries paid by the tax payers of Sri Lanka claim to be not answerable to them.

Who tabled the Bill aiming to repeal the existing Monetary Law Act? Susil Premajayantha. Has he read the clauses of this Act before tabling it?

The Central Bank is just another entity within the State of Sri Lanka, if one entity seeks to be autonomous” does it imply all other statutory bodies within the State of Sri Lanka are next in line to be made autonomous”? What will happen to the State of Sri Lanka when all state entities claim to be above the law & not answerable to the State of Sri Lanka including the citizens.

The constitution of Sri Lanka clearly bestows powers of sovereignty in the people. The people delegate their powers to the 3 pillars that are elected by election for a term of office. The Executive, Legislative & Judicial policies are delegated by the People to these 3 branches. The Parliament holds legislative powers that is delegated by the people. The Cabinet together with the President carry out executive functions. The Central Bank 5.4 clause therefore cannot be dislocated from this delegated power WITHOUT seeking the mandate of the People by simply getting a Member of Parliament to present a Bill. Article 148 of Sri Lanka’s constitution gives Parliamentary control of public finance. The Central Bank cannot control public finance without being overlooked or held accountable.

The ironical aspect of the Bill is that while clause 5.3 seeks to be immune from Sri Lankan accountability clause 85 claims the Central Bank can function under the advice of international bodies”.  Central Bank wants to be independent” of the state of Sri Lanka but take advice from international bodies!

The nation’s economic policy encompasses many areas that cannot be ignored & disassociated or delinked. The economic policy of Sri Lanka is simply not monetary policy” as the pushers of the CB Bill is attempting to do. Moreover the fiscal policy under the purview of the legislature requires the CBSL to function as administrators of governing borrowing. Therefore, CBSL cannot be ‘autonomous’ of this role. While CBSL has to understand that fiscal policy & monetary policy go hand in hand and cannot function as a separate and autonomous’ independent” body in a sovereign state. Attempts to dislodge & delink the two is only an insidious attempt to further economically & socially collapse Sri Lanka for geopolitical agendas.

What was the purpose of granting unilateral powers to the CBSL to make monetary policy immune from the state apparatus? If CBSL wishes not to listen to or act with other players within the state, would state apparatus also listen to CBSL? If such a scenario arises, what good does it bring Sri Lanka & its citizens. Why are the CBSL senior management silent regarding these dangers, surely they must understand the greater dangers at play. Why do they want to take advice only from international players & be autonomous from the State of Sri Lanka?

The Bill is like most foreign infused drafts that fall short of study & have been hurriedly pushed & peddled for international political gains. While CBSL wishes to be autonomous there are clauses like 26(1) requiring the Minister to sign an ‘inflation targeting agreement’ though the Minister has no powers except to simply sign on a dotted line as per CBSL instructions. Since when did elected representatives take orders from officials paid by the tax payers?

The CBSL Bill puts elected representatives to the role of peons as seen in Clause 28 there CBSL simply ‘informs’ the Minister through reports about the policies CBSL is adopted. Then Clause 84 of the Bill states that the CBSL can advise” the Government but there is no provision for the Government to instruct or advise the CBSL. Moreover clauses 10 (1) (13) read with Clause 7(1) allowing CBSL to determine” & implement” without directive of the Legislature & Executive is tantamount to usurping the sovereignty of Sri Lanka.

Why should the CBSL & a bunch of taxpayer paid officials become more powerful than all of the 3 pillars of governance?

The manner the bigwigs of the CBSL has been listening to international monetary agencies & even foreign governments in its policy decisions over & above the advice given by the government shows that the CBSL can never be independent” & autonomous”. In fact, the Bill is seeking to simply break the existing link to the GoSL & state of Sri Lanka & have the CBSL function as a foreign-guided monetary policy arm. The case of the Latvian Governor of the Central Bank is important to understand the dangers at play.

In recent weeks the news has covered Sri Lanka’s foreign minister, unelected & entering through the backdoor national list seat proudly claiming to use Indian currency in Sri Lanka. The CBSL Clause 47(2) is allowing any currency as legal tender for transactions in Sri Lanka. This is a violation of Sri Lanka’s sovereignty as given to the People in the constitution. How can a team of tax payer paid officials decide what currency is used in Sri Lanka without Cabinet or Parliamentary approval while the citizens cannot file FR cases against such with the Judiciary? Undermining matters further is clause 37 that gives virtual unilateral powers to the CBSL to deal with Sri Lanka’s foreign exchange policy with absolutely no involvement of the Parliament or the Cabinet.

CBSL cannot be a part of Sri Lanka yet by operation not be part of Sri Lanka while making decisions on Sri Lanka without the involvement of the Legislature, the Executive & immune from the Judiciary. While seeking to be autonomous” the CBSL desires to be the supra body above the 3 pillars that the People of Sri Lanka have delegated their sovereign powers to. CBSL is only a small yet important entity within the state of Sri Lanka, it cannot attempt to disassociate itself yet function as executive” when the executive & legislature are democratically elected.

However, whoever drafted the Bill are attempting to do some mischief while the CBSL senior staff are faulted for not highlighting the inconsistencies of the Bill for they should know the dangers & the ramifications of the Bill to Sri Lanka if they were patriotic enough to understand.

Shenali D Waduge


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