India doubles grant to support education in Sri Lanka’s plantation community

India has doubled its grant to Rs 600 million to support education in Sri Lanka’s plantation areas for the Indian-origin Tamil community.

Indian High Commission to Sri Lanka Santosh Jha and Secretary of Sri Lanka’s Ministry of Education and Science and Technology J M Thilaka Jayasundara on Friday signed and exchanged diplomatic letters to formalise the modalities.

“The project envisages the upgradation of infrastructure of 9 plantation schools identified by the Government of Sri Lanka. These include 6 schools in the plantation areas of Central Province and one school each in Uva, Sabaragamuwa and Southern Province,” Jha said.

With the additional funds infused at the request of the Government of Sri Lanka, India’s total commitment to the project now stands at 600 million Sri Lanka rupees (INR 172.25 million).

The project would add to India’s numerous past and ongoing development partnership initiatives in Sri Lanka in the important sector of education.

Besides support for infrastructure development and equipment supply, training and capacity-building have formed an equally important focus area for India’s development cooperation projects in the sector in Sri Lanka.

Source: PTI

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Batticaloa-Colombo train services disrupted after fuel train hits herd of elephants

Train services on the Batticaloa-Colombo main line have been disrupted between Hingurakgoda and Gal Oya railway stations after a fuel train collided with a herd of elephants, the Railways Department said.

They said two elephants died in the accident, and a few others in the herd were reported to be injured.

The incident occurred at 3:30 a.m. today near the Minneriya railway station, while the train was transporting fuel from the Kolonnawa Petroleum Storage Terminal to Batticaloa.

The department reported that the railway line was severely damaged, with four fuel carriages derailed, two of which overturned. The train engine and another compartment also derailed.

As a result of the accident, the train scheduled to run from Colombo Fort to Batticaloa this morning has been canceled.

The department added that direct trains between Colombo Fort and Batticaloa may not operate for several days.

NPP govt. acting blind and deaf over releasing Easter Sunday report: Namal

SLPP National Organizer Namal Rajapaksa slammed the government for acting blind and deaf over the release of the Presidential Commission of Inquiry (PCoI) report on the 2019 Easter Sunday attacks, with all talk but no action.

Taking to X, Rajapaksa said “Two more findings from the PCoI remain unpublished, raising questions about transparency,”

“The release of the Commission report on the Easter Sunday attacks has spiraled out of control. The govt. is yet to locate the missing pages of the report while there are claims that there are two more unpublished findings. The govt. is acting blind & deaf over releasing the reports with all talk but no action. It is only right that answers are given by the govt. rather than speculations being rife,” he posted on X.

Election Commission Sets Expenditure Limits for Election Campaigns

The Election Commission has officially announced the spending limits for political parties, independent groups, and candidates in the upcoming election campaigns.

In the Colombo district, the highest expenditure cap has been set, allowing candidates to spend up to Rs. 5,750,000.

Political parties and independent groups in Colombo may allocate a maximum of Rs. 79,493,756.

For national list candidates in Colombo, the spending limit is established at Rs. 34,698.

In the Gampaha district, candidates can spend a maximum of Rs. 5,643,387, while political parties or independent groups may expend up to Rs. 81,735,055.

For national list candidates in Gampaha, the spending limit is established at Rs. 345,667.

The lowest spending limit has been designated for the Wanni electoral district, where candidates can allocate Rs. 1,673,243.

For political parties or independent groups in Wanni, the maximum expenditure is capped at Rs. 9,913,964.

National list candidates are allowed to spend Rs. 4,327 on their campaigns.

Candidates are required to submit a detailed expenditure report to the Election Commission within 21 days following the announcement of election results.

The Election Commission mandates that the signatures of the party secretary, independent group leader, and candidates must be certified by the Commissioner for Oaths or a Justice of the Peace.

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Development projects in Sri Lanka more through investments, grants, India says

India has completed 60 grant projects in Sri Lanka and implementing 16 more currently, the development coming more through investments and grants and relatively less through debt instruments, India’s envoy to Sri Lanka said on Tuesday.

Santosh Jha, the High Commissioner of India to Sri Lanka, also reaffirmed India’s support for island nation’s debt restructuring efforts, securing IMF support, and extending bilateral financial support to overcome immediate challenges.

Emphasising the importance of a robust partnership between India and Sri Lanka, highlighting the intertwined destinies of the two nations, Jha – who was speaking at the 45th National Conference of CA Sri Lanka – underscored the shared geography, history, and future that bind the two countries.

Source: PTI

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CBK, Ranil in argument over hidden money in Dubai; Ranil says couldn’t find any

Former presidents Ranil Wickremesinghe and Chandrika Kumaratunga engulfed in an argument over an incident of a certain political leader’s young son hiding USD 1000 million in a Dubai bank, where Mr. Wickremesinghe rebuffed the allegation claiming that his 2015 government could not find any even though teams were sent to Dubai.

Ms Kumaratunga said it was found out in 2015 that a young son of a certain political leader had hidden USD 1000 million in a Dubai bank but the government could not bring it back.

“I saw the bank statement with my own eyes. But, we could not charge him in court because we needed the original documents,” she said speaking at the 45th National Conference of the Institute of Chartered Accountants of Sri Lanka on Wednesday night.

Responding to the allegations, Mr. Wickremesinghe said the government sent in teams to Dubai but could not find any.

“I was told that the member’s relatives had kept money abroad. The bank was named as National Bank of Dubai. We sent in teams which had officials from the Police, AG’s Department and the Bribery Commission. We were not able to get anything at all. It was not there. Minister Thilak Marapana spoke to the foreign minister of the UAE. There was no trace of the money. The bank said they cannot disclose anything unless we have a court order,” he said.

He said the then government sent teams to Europe, Hong Kong and Singapore but could not find any dollar alleged to have been hidden.

“The person who claimed of hidden money in Uganda is also withdrawing the allegation,” he said.

Mr. Wickremesinghe said Sri Lanka would not be able to control corruption unless sophisticated machinery is brought in.

“Everyone talks of corruption. They talk of doing away with corruption within one year. Have they been able to do that? How many governments have come to power saying that they will do away with corruption? Why we have not been succeeding while some other countries have. Corruption has become a political tool and something for the media. No one looks at what has to be done. We have not had a sophisticated machinery that is needed to control corruption. It is not like 40 years ago, you can do something and you can get paid elsewhere. If you get money in Bitcoins, we don’t have the ability. Our own machinery cannot do that. I don’t think even the present president will be able to do that. That is why we discussed with the IMF as to what we should do,” he said.

Mr. Wickremesinghe said the government filed number of cases in 2015 but most of them got acquitted.

“The present president talks of anti-corruption law. If you talk of bringing the money back, first, you need to identify it. So far there has not been any fund identification. Secondly, how can you bring it back? We need people who are trained for this. Some of the cases got rejected due to legal deficiency on our side,” he added.

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Govt. justifies decision to expedite seven high-profile cases

The Government on Tuesday (15) reaffirmed its commitment to investigate all past crimes and prosecute those responsible, whilst clarifying the decision to select seven high-profile cases that have been prioritised for expedited review.

Addressing the media at the weekly post-Cabinet meeting briefing, Cabinet Spokesman and Minister Vijitha Herath assured that the Government would not limit its inquiries to these cases alone, but would pursue justice for all reported, yet stalled crimes, including economic offences, murders and disappearances.

The seven cases prioritised include the Central Bank Bond scam, the Easter Sunday terror attacks, the kidnapping and murder of journalist D.P. Sivaram, the disappearance of Lalith Kumar and Kugan Muruganadan, Vice Chancellor Sivasubramaniam Raveendranath, the murder of businessman Dinesh Schaffter and the shooting outside the W15 hotel in Weligama.

In addition, he said investigations into prominent incidents such as the deaths of rugby player Wasim Thajudeen, journalist Lasantha Wickremetunge and the disappearance of cartoonist Pradeep Ekneligoda.

Herath explained that these cases were selected because the investigations are nearly complete or require minimal additional work

“This does not mean that the Government exclude other cases,” he stated, promising investigations into all big and small accumulated cases that got delayed due to various reasons.

He also reassured the public that systematic investigations are already underway into the Easter Sunday attacks and Central Bank Bond scam adding the Government will ensure accountability without safeguarding any individual involved.

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US Ambassador Calls on Sri Lanka’s Defence Secretary

The United States Ambassador to Sri Lanka Mrs. Julie Chung met with the Defense Secretary (Retd) Air Vice Marshal Sampath Thuyakontha at the Ministry of Defense in Kotte, Sri Jayawardenepura on October 16.

In this meeting, which was marked by a warm welcome, the two officers engaged in a discussion with the aim of strengthening the bilateral relations between the two countries. Expressing gratitude for the recent donation of a new aircraft to the Sri Lanka Air Force, the Defense Secretary emphasized the importance of continued cooperation.

The meeting concluded with an exchange of souvenirs to commemorate the occasion. Attendees included Air Vice Marshal Padman De Costa, Military Liaison Officer, US Defense Adviser Lt Col Anthony Nelson and US Office of Defense Cooperation Chief CDR Sean Jin.

Streamlined road development essential for advancing rural economic growth – President

President Anura Kumara Dissanayake emphasized that enhancing the efficiency of road development projects is crucial for achieving rural economic development goals, the President’s Media Division (PMD) reported.

He highlighted the need to streamline the procurement process for these projects, ensuring that local communities benefit rather than allowing contracts to concentrate in the hands of a few.

The President made these remarks during a progress review meeting for the Ministry of Transport, Highways, Ports, and Civil Aviation held today (16) at the Presidential Secretariat, the PMD said.

The meeting extensively covered various projects under the ministry, with a particular focus on the construction of the Kadawata-Mirigama section of the Central Expressway.

He underscored the importance of developing ports, airports, and highways for the economic growth of the country, asserting that careful planning of these projects could significantly uplift the national economy.

In executing ongoing road development projects, he called for attention to environmental, financial, and community impacts, urging measures to minimize adverse effects and ensure timely implementation, it added.

Additionally, President Dissanayake instructed officials to prioritize the safety of railway employees and the public in the execution of railway line projects.

Secretary to the President Dr. Nandika Sanath Kumanayake, Secretary to the Ministry of Transport, Highways, Ports, and Civil Aviation K.D.S. Ruwanchandra, along with various officials from affiliated institutions of the ministry, were also present at the meeting.

Has the govt. overborrowed in its first month in office?

NPP says ‘No’

* Govt admits issuance of Rs. 465.1 billion treasury bills; says routine practice of CB

* Rs. 400 billion treasury bills issued for debt servicing

* No breach of debt ceiling or impact on financial market stability

Admitting the fact that the Central Bank has issued treasury bills of Rs. 465.1 billion during the period between September 27 and October 15,a top economist of the government said it was not an additional loan obtained by the new government as alleged by some but it is a routine practice of the Central Bank to issue treasury bills for debt servicing.

President’s Adviser on Economic and Financial Affairs Prof. Anil Jayantha Fernando told the Daily Mirror that Rs. 400 billion out of the total of Rs. 465.1 billion has been utilised for debt servicing.

He said it was not a new practice of the Central Bank to issue treasury bills for debt servicing and that it is a routine practice of the Central Bank.

Prof. Fernando said the government had obtained loans within the debt ceiling approved by the previous government adding that the said treasury bill issuance has no impact on the stability of the financial market or there has been no breach of debt ceiling either.

He said the opposition may be claiming of over borrowing by the new government either due to ignorance of the theory behind treasury bill issuance or just to create fear and uncertainty among the people just as they did before the presidential election.

SJB says ‘yes’

– SJB alleges govt. borrowing Rs.1.34 billion per hour

– Questions what these funds are being spent on

– Warns country heading for another crisis

The Samagi Jana Balawegaya (SJB) alleged that the government is continuing to take unlimited loans without benefitting the country and that the government has received Rs. 419 Billion in treasury bills and bond loans within 13 days.

Former SJB MP Rohini Kaviratne said in a statement that the government had borrowed Rs. 419 billion in treasury bills and treasury bonds within 13 days between October 2 and October 15.

Kaviratne said the government is continuing to take unlimited loans and alleged the country was not benefitting. “The government has been unable to pay the outstanding Rs. 3000 allowance for pensioners for two months. They seem to be in difficulty in paying the increased salary of the government sector employees,” she said.

She alleged the government has made new borrowings of Rs.142.2 Billion on October 02,Rs.85 Billion on October 09,Rs.95 Billion on October11 and Rs. 97 Billion on October 15.

She further said that in the last few days, the government has obtained loans of Rs. 32.23 billion each, which means Rs.1.34 billion per hour.

The former MP urged the government to clarify what investments were made using these loans.