logo

02

සි   |     |  

2025-12-05

News Categories : Committee News 

A joint programme by the Ministry of Finance and the banks to provide loan facilities for new entrepreneurs will be launched in January next year – Hon. Minister of Industry and Entrepreneurship Development, Sunil Handunneththi

A joint programme by the Ministry of Finance and the banks to provide loan facilities for new entrepreneurs is planned to be launched in January next year, Hon. Minister of Industry and Entrepreneurship Development, Sunil Handunneththi, stated.

He expressed these views during the meeting of the Ministerial Consultative Committee on Industry and Entrepreneurship Development, held in Parliament on 25.11.2025, under his chairmanship.

Commenting further, the hon. minister pointed that Rs. 80,000 million has been allocated by the Budget for this year to provide loans for new entrepreneurs, and that this joint programme will be implemented to distribute those funds effectively among new entrepreneurs. He further stated that a programme is expected to be held in January next year to inform Hon. Members of Parliament about the sectors for which these loan facilities will be provided, as well as the overall process relating to the provision of these loans.

The Hon. Minister also stated that a National Database for Industrialists has been initiated for the purpose of collecting information relating to all industrialists in the country under a single system. Commenting on this, an official of the Ministry of Industry and Entrepreneurship Development said that the necessary promotional activities will be carried out to inform all entrepreneurs about registering in this database, and that registration will enable them to conveniently access the required services.

Further, views were expressed during the committee meeting regarding the provision of collateral-free loan facilities to craftsmen registered with the National Crafts Council.

The officials of the National Paper Company Limited also presented details to the committee regarding the current progress of the mill. They stated that after rectifying the shortcomings that had existed, the mill has been able to increase its monthly production capacity from the previous 150–180 metric tons to 400 metric tons.

In addition, the Hon. Minister of Industry and Entrepreneurship Development, Sunil Handunneththi, presented information regarding the National Advisory Framework that has been developed for issuing excavation permits in the country. He further stated that, with the objective of introducing a more systematic process in place of the currently disorganized issuance of excavation permits, this advisory framework will be introduced in January next year.

The meeting of the committee was attended by the Hon. Deputy Chairperson of Committees, (Mrs.) Hemali Weerasekara, Hon. Ministers, Hon. Deputy Ministers, Hon. Members of Parliament, and officials of the Ministry of Industry and Entrepreneurship Development.



Related News

2026-07-22

Draft Terms of Reference for the Parliamentary Caucus for Open Parliament Initiative Approved

The draft Terms of Reference (ToR) prepared for the Parliamentary Caucus for Open Parliament Initiative was approved recently at a meeting held in Parliament with the participation of Parliament's development partner organizations.The approval was granted during a meeting of the Caucus chaired by its Co-Chair, Hon. Member of Parliament Shanakkiyan Rajaputhiran Rasamanickam.The draft Terms of Reference was developed based on proposals and recommendations received during a workshop organized by the Caucus in recent months to gather stakeholder input for its preparation.The meeting also agreed that, following the approval of the Terms of Reference, the document would be submitted to Hon. President, and that a discussion would be held with the President on behalf of the Caucus.


2026-07-22

Sub-Committee Focuses on Methodology of the Research on the Restructuring of the Sri Lanka Institute of Advanced Technological Education (SLIATE)

The Sub-Committee appointed by the Committee on Public Enterprises (COPE) focused its attention on the methodology, implementation timeline and coordination arrangements relating to the research study proposed for the restructuring of the Sri Lanka Institute of Advanced Technological Education (SLIATE), when it met recently, at Parliament under the Chairmanship of Hon. Member of Parliament Ruwan Mapalagama.During the meeting, discussions were held on the establishment of the proposed Institutional Operations Committee and a six-member Coordination Team to facilitate the implementation of the research. Attention was also focused on the proposed Mixed-Methods Design, the preparation of questionnaires and the data collection process.The Sub-Committee further reviewed the progress of obtaining public views on the restructuring of SLIATE. Matters relating to obtaining the contribution of the Human Resources and Management Information Systems (MIS) divisions for the research, the preparation of the research implementation timeline through a Gantt Chart, and the stakeholder consultations to be held with representatives of the industry sector were also considered.The programme to obtain the views of stakeholders, including Chambers of Commerce, industry associations and professional bodies, as well as the conduct of field visits to selected SLIATE institutions across the country, was also discussed.The Sub-Committee decided to proceed with the future activities of the research in accordance with the agreed timeline and to present the relevant progress reports at its next meeting.Hon. Member of Parliament Lieutenant Commander (Retired) Prageeth Madhuranga also attended the meeting.


2026-07-22

COPE Focuses on Referring Matters Relating to Land Misuse and Financial Irregularities at the National Housing Development Authority to the CID and the Commission to Investigate Allegations of Bribery or Corruption

The Committee on Public Enterprises (COPE) focused its attention on referring the matters revealed in relation to land misuse, financial irregularities and administrative deficiencies at the National Housing Development Authority (NHDA) to the Criminal Investigation Department (CID) and the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) for a formal investigation.The matter was taken up when the Committee met recently at Parliament under the Chairmanship of Hon. Member of Parliament (Dr.) Nishantha Samaraweera to continue its examination of the Auditor General's Reports for the years 2022 and 2023 and to consider the remaining matters relating to the current performance of the National Housing Development Authority.During the meeting, lengthy discussions were held regarding the leasing of valuable NHDA-owned lands located at Maligawatta, Elvitigala Mawatha and Rangirigama, Dambulla to external parties at low nominal values without Cabinet approval, the use of such lands for purposes contrary to the conditions stipulated in the relevant agreements, and the failure to adequately safeguard the Authority's assets.The Committee observed that many of these transactions had been carried out in contravention of the objectives of the National Housing Development Authority and the relevant legal provisions. Accordingly, the Committee recommended that comprehensive reports on the identified irregularities be referred to the Criminal Investigation Department and the Commission to Investigate Allegations of Bribery or Corruption for the institution of appropriate legal action.The Committee also instructed the officials to expedite internal audit investigations into these matters, identify the officers responsible and initiate disciplinary action against them. Furthermore, the Committee recommended that the necessary measures be taken to strengthen asset management and internal control systems in order to prevent the recurrence of such irregularities in the future.The meeting was attended by Hon. Members of Parliament Attorney-at-Law Dayasiri Jayasekara, S.M. Marikkar, Attorney-at-Law Sujeewa Senasinghe, Mujibur Rahman, Chaminda Wijesiri, Dr. S. Sri Bavanandarajah, Sunil Rajapaksha, Thilina Samarakoon, Chandima Hettiarachchi, Asitha Niroshana Egodavithana, Ruwan Mapalagama, Jagath Manuwarna, Dinesh Hemantha, M.K.M. Aslam and Sudath Balagalla.


2026-07-21

Parliamentary Caucus for Persons with Disabilities Holds Discussions with United Nations Delegation

Discussions focus on strengthening disability-inclusive legislation and policy implementationThe Parliamentary Caucus for Persons with Disabilities held discussions with the United Nations Resident Coordinator and representatives of several United Nations agencies at Parliament with a view to strengthening cooperation in promoting the rights of persons with disabilities and advancing disability-inclusive legislation and policies in Sri Lanka.The meeting was held in Parliament under the Chairmanship of the Chair of the Parliamentary Caucus for Persons with Disabilities, Hon. Member of Parliament Sugath Wasantha de Silva recently.Addressing the meeting, the United Nations Resident Coordinator, Mr. Marc-André Franche, commended the Parliament for establishing the Parliamentary Caucus for Persons with Disabilities and emphasized the importance of treating disability inclusion as a national priority across all sectors. He reaffirmed the commitment of the United Nations to provide technical expertise and institutional support in areas including legislative reforms, accessibility, inclusive education, employment, community-based rehabilitation and strengthening national coordination.The UNICEF Representative, Ms. Begoña Arellano, highlighted the need to safeguard the rights of children with disabilities, particularly in relation to health, nutrition and education, while emphasizing the important oversight role of Parliament in ensuring the effective implementation of disability-inclusive policies.Representatives of UNFPA, UNDP, ILO and UN Volunteers also briefed the Caucus on ongoing initiatives relating to youth, education, disability data collection, employment opportunities and social inclusion.During the meeting, the Minister of Rural Development, Social Security and Community Empowerment, Hon. (Dr.) Upali Pannilage, informed the Caucus that the proposed Rights of Persons with Disabilities Bill and the Sign Language Bill are currently with the Attorney General's Department and are expected to be presented to Parliament on September 2026. He further stated that measures are underway to improve accessibility in public institutions, expand employment opportunities, introduce educational grants for university students with disabilities and establish ten day-care centres for children with disabilities within this year.The Caucus also discussed future initiatives, including the preparation of disability-inclusive budget proposals by Government Ministries, the finalisation of a national disability database and the conduct of a sensitisation programme for journalists to promote a rights-based approach to disability related reporting.The meeting concluded with the Chair, Hon. Sugath Wasantha de Silva, reiterating the Caucus's core theme, "An unhindered social life," and calling for continued, unified collaboration to make an inclusive society a reality.The meeting was attended by the Deputy Co-Chairs of the Caucus, Hon. Gayantha Karunathilleka, and Hon. (Dr.) Pathmanathan Sathiyalingam, the Minister of Rural Development, Social Security and Community Empowerment, Hon. (Dr.) Upali Pannilage, Members of Parliament and representatives of the United Nations Resident Coordinator's Office, UNFPA, UNICEF, UNDP, ILO and UN Volunteers.






Copyright © The Parliament of Sri Lanka.

All Rights Reserved.

Design & Developed by  TekGeeks