Showing posts with label Sri Lankan economy.. Show all posts
Showing posts with label Sri Lankan economy.. Show all posts

Saturday, May 31, 2014

Sri Lankan economy.

Economy. Read scripts below pl.
jksw

Most of the 9 Provinces in Sri Lanka are agriculture based, be it Tamil or Sinhalese,
and the per capita income there is around $600/ as against a four times higher figure for the Western Province.

All regions by now have received access in the form of roads, large and small.
It is upto the people to utilize these.
Maybe water is often scarce off season and deep tube wells may be useful. Not many dry regions can hope for two big harvests a year.

Till then,  
Mass migration is inevitable.
And some do not wish any reverse migration of the poorer people to these poor areas on communal basis.

Any ideas? All to do the management jobs and cattle to do the others? We used to call these people goviyas in loin cloth then.
Now with modernization these farmers are educated, cultured, wearing trousers and T shirt, many contributing to national production.
(I did send photos of paddy threshing machines which did all the work except packaging and transport.)

Say, farming region Deegavapi  east of Amparai and MahaOya, east of Mahiyangana  is as low in income as Mannar, Vavunia or Mulaithivu,
Jaffna itself being many steps ahead. Plenty  of good schools primed to produce ‘managers’.
jksw
“Officials in the province say that many graduates and other educated youth in the region remain unemployed, or seek jobs below their qualifications outside the province.
“There are no management jobs here,” Sivalingam Sathyaseelan, secretary to the provincial ministry of education, told IPS. “The only available employment falls in the category of day-labour. Most of the youth want something better than that.



Sent: Saturday, May 31, 2014 11:29 AM
To: undisclosed-recipients:
Subject: Sri Lanka Newsreel May 31




Sri Lankan Youth Desperate for Change

One of the obstacles, says Deen, is that the older generation sees reconciliation and development as separate issues, whereas young people view them as parallel movements, working in tandem.
“It is important for everyone in this country to understand the concept of harmonious living,” he stressed. “That’s why we are working with the younger crowd [who] recognise that peace and harmony correlate highly with the development of this country.”
Deen’s fears find echo in the post-war development initiatives that have permeated Sri Lanka’s former war zones in the north and east.
Here, a young Tamil man named Benislos Thushan tells IPS, mega development projects have failed to improve the lives of the local population, possibly due to lingering racial discrimination against the Tamil minority.
“There are big highways [being built] and other projects in the works, but people in the province are still poor, still looking for jobs,” he said.
The government claims it has spent close to four billion dollars on large infrastructure development schemes in the northern province alone, but available data show that unemployment rates in the north are double the national average of four percent.
Officials in the province say that many graduates and other educated youth in the region remain unemployed, or seek jobs below their qualifications outside the province.
“There are no management jobs here,” Sivalingam Sathyaseelan, secretary to the provincial ministry of education, told IPS. “The only available employment falls in the category of day-labour. Most of the youth want something better than that.




Sri Lanka’s Top Central Banker Welcomes Modi

Sri Lanka’s central bank governor, Ajith Nivard Cabraal, says the election of Narendra Modi as India’s new prime minister will be good for his nation’s economy and make his job “a little easier.”
Getting India’s economy growing at a faster clip is going to be a top priority for Mr. Modi, who was propelled to power by voters in India who want better job opportunities, higher standards of living and a more efficient government.
The markets are optimistic that Mr. Modi and his Bharatiya Janata Party will be better at getting things done than the last bunch of leaders in New Delhi.
A pro-business leader in India should be good for Sri Lanka for which India is a major export market.
“A strong, business-friendly government is definitely something to look forward to,” said Mr. Cabraal in an interview with The Wall Street Journal during a visit to London to meet investors.
Mr. Cabraal said the expects to see early signs of that positive impact on Sri Lankan exports later this year, while a boost to trade should “definitely be visible” in 2015.

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