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
PMD dispels false reports on President's official CHOGM delegation
-- [6 hours ago]
Sri Lanka Army to build first ever Vesak pandal in Malaysia
-- [7 hours ago]
Water released to Kaudulla Reservoir for Yala cultivations in Polonnaruwa
-- [7 hours ago]
Sri Lankan couple smuggling Rs. 9 mn worth gold to India nabbed at airport
-- [8 hours ago]
A new agreement to continue Sri Lanka's national government - Minister Amaraweera
-- [8 hours ago]
Large scale Kerala Cannabis dealer arrested in Galewela
A new full cabinet will be sworn in next week - Minister Rajitha
Sri Lanka trade mission visits UAE to promote domestic tourism
Hatch Kalam: The first maker and co-worker space in Jaffna
Senior Laboratory Manager of Horana rubber factory arrested over deaths in ammonia tank

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.