Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka Marxist party to provide relief to private sector under a new Socialist rule
Tue, Feb 18, 2014, 10:53 am SL Time, ColomboPage News Desk, Sri Lanka.

Feb 18, Colombo: Sri Lanka's Marxist party, Janatha Vimukthi Peramuna (JVP) says that the country's private sector will be benefitted and granted relief under a new Socialist rule.

JVP politburo member and Western Province team leader, K.D. Lalkantha said that the party has a five-year plan to uplift the country's economy and the private sector plays a key role in it.

He said at a meeting in Homagama that the country's private sector consists of 90 percent of the businesses in the country and that they will be granted benefits and relief if they participate in the five-year plan formulated by the JVP under a new Socialist rule.

Lalkantha explained that the private sector has been the engine of growth when the country's economy is concerned.

He emphasized that there was a misconception among the people that the private sector will be marginalized and destroyed under a Socialist system, but it is not so.

"The private sector has an important role to play in a Socialist rule and the JVP has recognized this fact," Lalkantha said.

ColomboPage - Recent 10 Stories
Sri Lanka's UN mission in New York celebrates 70 Years of Independence with "Facets of Sri Lanka"
-- [45 minutes ago]
Three Indian nationals smuggling gold arrested at Sri Lanka's Colombo airport
-- [2 hours ago]
Coffee Bean and Tea Leaf reopens its newly refurbished store at Colombo Airport
-- [2 hours ago]
President launches drug prevention program in villages to eliminate poverty in rural areas
-- [3 hours ago]
UN resident coordinator in Sri Lanka Una McCauley passes away suddenly
Sri Lanka Cabinet reshuffle expected on Sunday
Sri Lanka's former Defense Secretary files revision petition requesting to discharge him from Avant Garde case
Sri Lanka Prime Minister meets with young party members to discuss a new UNP leadership
UN Migration Agency, Sri Lanka explore ways forward on conflict victim reparations
Sri Lanka's Commercial Bank ends 2017 on exceptionally strong footing, PBT up by 18 percent

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.