2024-02-27
News Categories : Committee News
Hon. Mahindananda Aluthgamage, Committee Chair of the Sectoral Oversight Committee on National Economic and Physical Plans stated that he will convey the need to maintain the Valaichchenai Paper Mill as a public private joint venture without allowing a situation of closure is presented to the concerned ministers and the Hon. President
The Committee Chair stated the above when the National Paper Company Limited annual reports for the years 2013, 2014 and 2015 were taken into consideration by the Sectoral Oversight Committee on National Economic and Physical Plans recently (Feb. 20).
Ms. Thilaka Jayasundara, Secretary to the Ministry of Industry stated that since the machines of the Valaichchenai factory were imported in 1956 and thus 1.2 million dollars are required for repairs. However, since no financial allocation was received from the treasury, a cabinet paper was submitted to run this as a public private joint venture, but was not approved as the land was allocated for tourism.
It was also disclosed that if USD 1.2 million is spent and repairs are made to the machines in the factory, a profit of 22 million rupees per month can be made by producing 5 tons per day. It was also discussed that this entire land, which is spread over an area of 340 acres, could be considered for a tourist zone instead of only a part of it. The Committee Chair stated that if the Valaichchenai Paper Mill is to be closed down, instead of selling it, it is important to run it as a public private joint venture, and thus, the recommendation of the Committee shall be forwarded to the Ministry of Finance and industry and the Hon. President.
Moreover, the Committee emphasized the need to build a manufacturing economy by developing the industries of the country instead of depending on the tourism industry itself. The Secretary to the Ministry of Industries pointed out that the contribution of the manufacturing sector is only 15% of the country's gross domestic product, while in a developed country this figure is 30%. She stated that the land reserved for industries is 0.04 percent of the total land in the country and it is usually 3 percent in a developed country.
Furthermore, attention was paid to the concern of not having a specific region for the leather industry and it was pointed out that plans should be prepared taking into account the development of both industry and tourism sectors.
Moreover, taking into account the 2022 annual report of the Department of Fiscal Policy, the Committee Chair drew attention to the weaknesses in the tax collection process in this country. The Committee pointed out that it is unacceptable for people with large incomes to sneak through the tax net and collect taxes from people with low incomes and advised to conduct a more extensive study on the tax policy and streamline the related mechanism. The Committees emphasized that the Inland Revenue Act should be amended and the officials including the Ministry of Finance should take the initiative for the said.
The Committee Chair expressed his displeasure that although a number of recommendations were made to connect the Land Registry Department and the Motor Transport Department with the Ramis system of the Inland Revenue Department, it has not been done so far. He also stated that the government will lose a considerable amount of tax due to the provision of temporary VAT number by the Inland Revenue Department.
Additionally, the 2022 Annual Report of the Public Accounts Department, the 2020 Annual Report of the HDFC Bank, the 2022 Performance Report of the Ministry of Commerce, the 2021 Annual Report of the Sri Lanka Accreditation Board, the 2022 Performance Report of the Cooperative Employees Commission, the 2022 Annual Report of the Ministry of Urban Development and Housing and Condominiums The management authority's annual report for the year 2021 was also considered at the Committee meeting held.
Members of Parliament Hon. Eran Wickramaratne and Hon. Madhura Withanage, officials from relevant government institutions were also present at the Committee meeting held.
2026-04-09
The Committee on Public Finance (CoPF) met on 07th April 2026 under the chairmanship of Hon Member of Parliament Dr. Harsha de Silva.The Governor of the Central Bank of Sri Lanka (CBSL) Dr. Nandalal Weerasinghe, along with members of the Governing Board, the Monetary Policy Board, and senior officials, attended the meeting as part of the Central Bank’s statutory presentation to Parliament conducted once every four months.Hon. Deputy Ministers Chathuranga Abeysinghe, (Dr.) (Ms.) Kaushalya Ariyarathnea and Nishantha Jayaweera, Hon. Members of parliament Rauff Hakeem, Attorney at Law, Ravi Karunanayake, M.K.M. Aslam, Nimal Palihena, Chithral Fernando, Attorney at Law, Wijesiri Basnayake, Thilina Samarakoon, Champika Hettiarachchi and (Ms.) Lakmali Hemachandra, Attorney at Law were also present at the meeting.During the meeting, the Committee took up as a matter of priority the alleged fraud at NDB Bank. The Committee initiated a focused discussion with the Central Bank, underscoring the seriousness of the issue and the need for urgent attention.The Governor informed the Committee that an initial investigation in this regard is currently underway. He further assured that the Central Bank will report back to the Committee at the earliest possible opportunity once the necessary information has been gathered.The Committee observed with serious concern that there appear to have been considerable lapses in corporate governance at the bank, deficiencies in supervision by the relevant departments of the Central Bank of Sri Lanka, and undue delays in the reporting of material information.The Committee firmly underscored that such shortcomings are unacceptable and directed that immediate corrective measures be undertaken. It further emphasized that it will continue to closely monitor this matter and exercise stringent oversight to ensure full accountability, transparency, and the safeguarding of public confidence in the financial system.
2026-04-02
The Committee on High Posts has approved the appointments of four Ministry Secretaries.The approval was granted when the Committee met in Parliament recently (Mar. 20) under the chairmanship of Hon. Prime Minister Dr. Harini Amarasuriya.Accordingly, the Committee approved the appointments of Air Vice Marshall H.S.S Thuyyacontha (Retd.) as the Secretary to the Ministry of Defence, Mr. L Mohamed Navavi as the Secretary to the Ministry of Science and Technology, Mrs. W.M.D.T Wickramasinghe as the Secretary to the Ministry of Women and Child Affairs and Mr. W.W.S Mangala as the Secretary to the Ministry of Ports and Civil Aviation.
2026-03-31
A Parliamentary delegation from the Sectoral Oversight Committee on Infrastructure and Strategic Development of the Parliament of Sri Lanka, led by Hon. S. M. Marikkar, Member of Parliament and Chairman of the Committee, undertook a Parliamentary Study Tour to New Delhi and Mumbai from 22nd to 27th March 2026, following an invitation extended by the High Commission of India.The Sri Lankan delegation comprised the Chief Opposition Whip Hon. Gayantha Karunathilleka, Members of Parliament Hon. Nalin Bandara Jayamaha, Hon. Manjula Suraweera Arachchi, Hon. K. Ilankumaran, Hon. Chathura Galappaththi, Hon. Ravindra Bandara, Hon. Asitha Niroshana Egoda Vithana, Hon. Shantha Pathma Kumara Subasingha, Hon. (Mrs.) Geetha Herath, Attorney at Law, Hon. Kins Nelson and Hon. Dharmapriya Wijesinghe. Parliament staff members attached to the office of the Sectoral Oversight Committees who were also present included Assistant Director (Administration) Mr. K. P. Chandana, Principal Officer Ms. S. W. T. R. De Silva and Parliamentary Officer Ms. W. K. A. M. M. M. Arthanayaka. The delegation arrived in New Delhi on 22nd March 2026 and commenced official engagements on the following day. The programme included a meeting with the Foreign Secretary of India and a floral tribute at Prerna Sthal in the Parliament House Complex. The delegation also paid a courtesy call on the Hon. Om Birla, Speaker of the Lok Sabha.An orientation session on the Indian Parliamentary system was conducted, providing valuable insights into institutional structures and legislative processes. The delegation further held productive interactions with the Standing Committee on Transport, Tourism and Culture, as well as the Standing Committee on Housing and Urban Affairs.On 24th March 2026, the delegation participated in a series of technical and policy-focused engagements, including a session on India’s “PM Gati Shakti” National Master Plan. Visits were made to the National Highways Authority of India and the Solar Energy Corporation of India, alongside discussions with the Confederation of Indian Industry. The delegation also engaged with the India-Sri Lanka Parliamentary Friendship Group, further strengthening bilateral Parliamentary relations.Continuing its programme on 25th March 2026, the delegation visited the Delhi Metro Rail Corporation to study urban mass transit systems and best practices in public transportation. This was followed by an interaction with the New Delhi Municipal Council on Smart City initiatives, focusing on urban governance, digital infrastructure, and sustainable urban development. The delegation also met with officials of the Jal Jeevan Mission under the Ministry of Jal Shakti to discuss large-scale water supply management and rural infrastructure development.The programme in Mumbai included visits to key infrastructure and development sites such as the Atal Setu Bridge and the Jawaharlal Nehru Port Trust, as well as the Navi Mumbai Airport. The delegation also visited the Power Exchange India Limited and met with the Hon. Chief Minister of Maharashtra.On 27th March 2026, the delegation visited prominent locations including the Gateway of India and Elephanta Caves. The programme also included a meeting with the Hon. Speaker of the Maharashtra Vidhan Sabha and discussions with senior officials responsible for investment promotion and industries, prior to their departure to Colombo.Sri Lanka’s participation in this Parliamentary Study Tour underscored its continued commitment to strengthening bilateral cooperation with India and advancing institutional capacity, knowledge exchange, and best practices in infrastructure and strategic development through sustained Parliamentary engagement.
2026-03-30
Progress on the implementation of recommendations issued by the COPA on 06th January 2026 was reviewed Matters relating to the 2024 Auditor General’s Report and current performance were also examined The Department of Archaeology was summoned before the Committee on Public Accounts (COPA), where attention was drawn to the progress made in implementing the recommendations issued at the COPA meeting held on 06th January 2026, as well as to the current performance of the Department.These matters were discussed at the COPA meeting held in Parliament on 19th March 2026 under the chairmanship of Hon. Member of Parliament Kabir Hashim, to examine the Auditor General’s triennial report for the years 2021–2023, the 2024 Auditor General’s Report, and the current performance of the Department of Archaeology.At its meeting on 06th January 2026, it was recommended that a report on the gazetted and ungazetted antiquities identified by the Department of Archaeology be submitted to the Committee within a month. However, the Auditor General’s Department pointed out that data relating to antiquities not declared by Gazette had still not been submitted to the Committee. Accordingly, the Chair of the Committee instructed that a report be submitted within two weeks, including details of such antiquities, reasons for not publishing them by Gazette, and a proposed timeline for their gazetting.The Committee also focused on the lack of progress in implementing the recommendation to establish a centralized data system for the Department of Archaeology, and instructed that a progress report on this matter be submitted to the Committee.Furthermore, it was revealed that although Cabinet approval stipulates that 25% of the revenue generated by the Central Cultural Fund should be allocated to the Ministry of National Heritage, the Department of Archaeology has been requesting a lower allocation annually. Officials who appeared before the Committee stated that funds allocated through Cabinet approval had remained unutilized, and that there are plans to reduce future allocations requested from the Treasury accordingly.The shortage of vehicles available to the Department was also discussed, with officials noting that this has significantly affected the institution’s performance. The Committee stated that it would take steps to raise this matter with the relevant authorities.The meeting was attended by Committee Member Hon. Deputy Minister Dinindu Saman Hennayake and Hon. Members of Parliament (Dr.) M.L.A.M. Hizbullah, Hector Appuhamy, Chanaka Madugoda, Chandana Sooriyaarachchi, and Ruwanthilaka Jayakody.
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