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
Researchers find link between El Niño and Sri Lankan dengue epidemics
-- [31 minutes ago]
Nepalese PM extended an invitation to visit Sri Lanka
-- [40 minutes ago]
Gulf Air rolls out timetable for weekly Colombo flights
-- [54 minutes ago]
Sri Lankan President to visit Russia in March to strengthen bilateral ties
-- [1 hour and 9 minutes ago]
Malaysian delegation visits a tea plantation In Sri Lanka
-- [1 hour and 21 minutes ago]
Sri Lanka to set up a joint operation center to combat drug trafficking
-- [5 hours ago]
Court rejects bail to former LTTE leader-turned deputy minister Karuna Amman
-- [6 hours ago]
Former minister Tissa Attanayake granted bail
-- [7 hours ago]
Sri Lanka tile importers commend Finance Ministerís initiative to maintain duty, cess reduction
-- [9 hours ago]
Religious freedom has been ensured and strengthened in Sri Lanka - President

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.