2025-09-02
News Categories : Committee News
The Sectoral Oversight Committee on Economic Development and International Relations reviewed the performance of the Ministry of Industry and Entrepreneurship Development and the performance of the five institutions under it.
This took place recently in Parliament under the Chairmanship of Hon. Member of Parliament Ms. Lakmali Hemachandra, Attorney at Law. Hon. Minister of Industry and Entrepreneurship Development Sunil Handunnetti and Hon. Deputy Minister of Industry and Entrepreneurship Development Chathuranga Abeysinghe also participated in the Committee meeting held.
Accordingly, the performance reports of the Ministry of Industry and Entrepreneurship Development for the years 2023 and 2024, the annual reports of the National Gem and Jewellery Authority for the years 2022 and 2023, the annual report of the Gem and Jewellery Research and Training Institute for the year 2023, the annual reports of the Sri Lanka Export Development Board for the years 2021, 2022, and 2023, the annual reports of B.C.C. Lanka Limited for the financial years 2021/2022 and 2022/2023, and the annual reports and accounts of the National Salt Company for the financial years 2021/2022 and 2022/2023 were reviewed and subsequently approved.
Attention was drawn to the issues prevailing in the country’s industrial sector. The Secretary to the Ministry of Industry and Entrepreneurship Development pointed out that several issues, including the allocation of land to investors according to existing procedures, have persisted for a long time. Accordingly, it was revealed that the process of allocating land for a new industry could take more than 4 years. The Secretary also stated that, according to international concepts, generally 3% of a country’s land area should be allocated for industries, whereas in Sri Lanka this figure stands at only 0.01%.
It was also discussed that in the past, land was not allocated for industries in accordance with a national plan, but rather due to political or other reasons, resulting in various problematic situations. Accordingly, officials revealed that plans are now in place to allocate 50,000 acres of suitable land for industries across the island. The Committee recommended that a report be submitted, in consultation with the Land Reforms Commission, the Urban Development Authority, and the Sri Lanka Export Development Board, on the steps that could be taken and the future plan in this regard.
Attention was also drawn towards the current performance and issues of the National Gem and Jewellery Authority. Officials stated that steps will be taken in the future to merge the National Gem and Jewellery Authority with the Gem and Jewellery Research and Training Institute.
The current performance of the Sri Lanka Export Development Board was also taken into consideration. Officials stated that this is the only institution in the country responsible for promoting and developing exports, and that 5-year plans have been prepared covering sectors including apparel, tea, rubber, spices, information technology, gems, and jewellery. They further revealed that successfully managing U.S. taxation policies, the country’s largest export market, has been a significant achievement, and that with an export income of around USD 15 billion in 2023, the target is to increase this to USD 28 billion by 2028.
Officials stated that the production activities of the National Salt Company are being carried out with high efficiency. They pointed out that due to changes in climatic conditions, natural salt production has decreased in recent times. Accordingly, it was revealed that plans are in place to establish a facility in the Elephant Pass area to artificially produce salt using modern technology instead of the natural process. Officials further stated that the revenue target of the National Salt Company for this year is Rs. 1 billion, which is a 50% increase compared to the previous year.
It was also revealed that although B.C.C. Lanka Limited, a 192-year-old institution, produces high-quality coconut oil, the company has not obtained quality certifications. The current Chairman of the company informed the Committee that many export opportunities have been lost due to this situation, and that immediate steps have now been taken to obtain SLS, ISO, and other quality certifications.
Members of Parliament Hon. Anuradha Jayaratne, Attorney at Law, Hon. Sivagnanam Shritharan, Hon. Nilanthi Kottahachchi, Attorney at Law, Hon. Kanthasamy Prabu, Hon. Wijesiri Basnayake, Hon. Suranga Rathnayaka, and Hon. Thilina Samarakoon participated in this Committee meeting.
2026-01-09
Committee draws attention to the need to recruit IT OfficersCommittee highlights the failure to update the official website of the Department of ArchaeologyThe Committee on Public Accounts (COPA) emphasized the necessity of maintaining a centralized data system containing comprehensive information on antiquities and archaeological excavations.This matter was discussed when COPA met in Parliament on 06th January 2026, under the chairmanship of Hon. Member of Parliament Kabir Hashim, to examine the Auditor General’s Reports for the years 2021, 2022, and 2023 relating to the Department of Archaeology, as well as the department’s current performance.The Committee recalled that at its meeting held on 03rd October 2023, it had recommended the establishment and maintenance of a data system incorporating information on all archaeological excavation sites in the country, discoveries made through such excavations, the success or failure of those excavations, whether further excavations should be continued, and details of other locations requiring excavation.When the Chair inquired into the current progress, the officials present stated that a comprehensive database containing all such information has not yet been established, and that a data system is currently maintained only in relation to excavation permits.Accordingly, the Committee stressed that it is critically important to establish and continuously update such a data system, and informed officials that COPA is prepared to provide assistance if required. The Chair further emphasized the importance of assigning a sufficient number of IT officers to the Department of Archaeology.Officials informed the Committee that although approval had been granted by the Department of Management Services to recruit 12 IT officers, currently only one officer is in service, and that officer is not attached to the head office. The Committee therefore instructed that urgent action be taken to fill the existing vacancies.The Chair also recommended that a formal proposal with regard to the centralized, up-to-date database on archaeological excavations be submitted to the Committee within three months.The Committee further drew attention to the failure to update the official website of the Department of Archaeology. Members pointed out that maintaining an updated official website is vital for tourist attraction. Accordingly, the Committee instructed the Department to prepare a mechanism and take prompt action to update the website.Additionally, the Committee took note that 48% of the total archaeological sites identified as at 31 December 2023 have not yet been gazetted. The Committee recommended that a report containing full details of gazetted and non-gazetted sites be submitted within one month.Furthermore, the Committee recommended the submission of a report on sites identified for nomination to UNESCO as World Heritage Sites, along with the relevant draft proposals.The meeting was attended by Committee Members, Hon. Deputy Ministers Sugath Thilakaratne, Aravinda Senarath, and Nalin Hewage, and Committee Members Hon. Members of parliament M. L. A. M. Hisbullah, Dr. Janaka Senarathna, T. K. Jayasundara, Chandana Sooriyarachchi, (Attorney at Law) Sagarika Athauda, (Attorney at Law) Thushari Jayasinghe, Oshani Umanga, Lal Premanath, Manjula Suraweera Arachchi, Ruwanthilaka Jayakody and Sunil Ratnasiri.
2026-01-08
Rs. 25 million working capital loan and investment scheme for businesses affected by Cyclone Dithwa, along with a Rs. 25 million loan scheme at 5% interest – Secretary to the Ministry of FinanceThe Ministerial Consultative Committee on Finance, Planning and Economic Development met on 07.01.2026 at the Parliamentary Complex under the chairmanship of Hon. President and Minister of Finance, Planning and Economic Development, Anura Kumara Dissanayake.The meeting was attended by the Hon. Minister of Labour and Deputy Minister of Finance and Planning, Dr. Anil Jayantha, Hon.Deputy Minister of Economic Development, Nishantha Jayaweera, and the Secretary to the Ministry of Finance, Dr. Harshana Suriyapperuma, among others.Discussions focused on financial assistance for industries affected by Cyclone Dithwa. It was noted that several loan schemes have been introduced to support affected business owners. Accordingly, the Secretary to the Ministry of Finance, Dr. Harshana Suriyapperuma, stated that a Rs. 25 million working capital loan and investment scheme, as well as a Rs. 25 million loan scheme at a concessional interest rate of 5%, have already been arranged.It was further revealed that a sum of Rs. 1 billion has already been allocated to the Ministry of Industries and Entrepreneurship Development. The Committee drew attention to the fact that these funds have not yet been utilized in a proper and effective manner.Hon. President Anura Kumara Dissanayake instructed the Ministry to take necessary steps to establish a systematic mechanism to ensure the effective utilization of the funds already allocated and released, before considering the allocation of additional funds.The Committee also discussed the need for a mechanism to register all businesses contributing to the national economy, as well as the importance of raising awareness among the business community about the benefits of such registration.Accordingly, the Chairperson of the Committee stated that the Government has also focused its attention on providing relief to unregistered small and medium-scale entrepreneurs who were affected by the recent disaster. District Secretaries have been instructed to submit reports in this regard.In addition, Hon. President Anura Kumara Dissanayake announced that the compensation payments for fully damaged houses and the programme for constructing new houses will commence on January 09, starting from Anuradhapura and Kurunegala.The meeting was attended by the Hon. Deputy Chairperson of Committees, Ms. Hemali Weerasekara, several Ministers, Deputy Ministers, and Members of Parliament, the Secretary to the Ministry of Finance and officials of institutions under the Ministry, the Secretary-General of Parliament, Ms. Kushani Rohanadeera and several officials including the Director (Legislative Services) and the Acting Director of Communications, Mr. M. Jayalath Perera.
2026-01-08
A meeting of the Ministerial Consultative Committee on Defence was held yesterday (Jan. 07) evening in the Parliament premises under the chairmanship of Hon. President and Minister of Defence Anura Kumara Dissanayaka.At this meeting of the Ministerial Consultative Committee on Defence, Members of Parliament raised several issues such as reviewing the progress of the implementation of decisions reached at previous committee meetings, the release of lands in the Northern and Eastern Provinces, the opening of roads, and the functioning of schools.Accordingly, His Excellency the President issued the necessary instructions to officials to provide feasible solutions to those matters, and discussions were also held regarding existing obstacles and the steps to be taken in carrying out these activities.Matters such as the welfare of members of the defence forces and deploying more personnel for the United Nations peacekeeping forces were also discussed.Deputy Minister of Defence Major General (Rtd.) Aruna Jayasekera was also present at this meeting, along with several Ministers, Deputy Ministers, and Members of Parliament. Likewise, a group including the Secretary to the Ministry of Defence, Heads of the Tri-Forces, several senior officials of the defence sector, the Secretary General of Parliament Mrs. Kushani Rohanadeera, and officials of the Ministry were also present at this meeting.
2026-01-08
The Ministerial Consultative Committee on Transport, Highways and Urban Development has approved the Regulations under the Motor Traffic Act (Chapter 203) scheduled to be presented to Parliament for approval on 08.01.2025.Accordingly, this approval was granted at the recent (Jan. 06) meeting of the Ministerial Consultative Committee on Transport, Highways and Urban Development held in Parliament under the chairmanship of Hon. Minister of Transport, Highways and Urban Development Bimal Rathnayake.As such, the Regulations published in the Extraordinary Gazette bearing No. 2452/40 under the Motor Traffic Act (Chapter 203) state that in an instance where a police officer has reasonable suspicion that a person driving, operating or physically controlling a motor vehicle on any road has used drugs, such police officer shall produce that person to a Government Medical Officer or an officer of a hospital who has been empowered for the purpose, for further examination.Furthermore, the Regulations published in the Extraordinary Gazette bearing No. 2455/29 under the Motor Traffic Act (Chapter 203) state that every person travelling on an expressway must wear a seat belt. Accordingly, the Committee granted approval for the said Regulations.In addition, officials of the Ministry of Transport, Highways and Urban Development briefed the Committee on the damage caused due to the sudden disaster situation that arose within the country and the progress of restoration efforts. Officials of the Road Development Authority stated that approximately 287 road sections belonging to the Authority, covering a distance of around 1481 kilometers, have been damaged. They further informed the Committee that the estimated cost for reconstruction would be around Rs. 86 billion.Officials of the Railway Department stated that the Department has incurred a loss of approximately Rs. 300 billion. Furthermore, officials stated that the Sri Lanka Transport Board has suffered a loss of around Rs. 63 million due to the emergency disaster situation.The Chair of the Committee also stated that a web page has been created to inform the public regarding the damage caused to the road system in various parts of the country. Accordingly, he pointed out that the public may access the page https://road-lk.org/ to obtain information on the relevant damage.Hon. Deputy Chairman of the Committees Hemali Weerasekara, Hon. Leader of the Opposition Sajith Premadasa, Hon. State Minister of Transport and Highways (Dr.) Prasanna Gunasekera, Hon. Deputy Minister of Urban Development Eranga Gunasekara, other Hon. Deputy Ministers, Hon. Members of Parliament and several government officials were present at this occasion.
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