Intentar ORO - Gratis

Anura Shakthi: Indianisation, rhetoric, zero-development, socioeconomic regression

Daily FT

|

July 10, 2025

"...Mazagon's entry into Colombo Port is not merely a commercial bailout - it is a strategic assertion in the Indian Ocean's unfolding power play...' (https://www.ft.lk/ft_view_editorial/India-s-Mazagon-s-acquisition-of-Colombo-Dockyard/58-778549)

- By Dr. Dayan Jayatilleka

WHEN Ranasinghe Premadasa ran for the presidency in October 1988, the country was ablaze with two civil wars. His manifesto, 'A New Vision, A New Deal' gave clear details about his proposed program for Poverty alleviation, Janasaviya. Throughout his election campaign in October-December 1988, Premadasa explained the concrete details of Janasaviya from every platform.

Once elected, Premadasa commenced Janasaviya Round One, in the heartland of the JVP's bloody uprising, Hambantota, in the throes of armed conflict.

By contrast, it was only this month, July 2025, that President Anura Kumara Dissanayake announced a program to reduce rural poverty, Prajashakthi. It took him 9 months. I watched his speech on TV and read it in this newspaper and still cannot figure a single detail, a single concrete measure he hopes to take to reduce rural poverty.

His speech was only a sermon, not a rollout of a concrete plan and program, unlike Janasaviya --or even Sajith Premadasa's 'Husma' and 'Sakvala'. There are no criteria of identifying recipients, no pledge as to what or how much will be transferred, no geographic identifications, no timelines. We don't know what it is, how it works, when and where. So far, there is no tangible content. It is typically vacuous rhetoric. (https://www.ft.lk/top-story/President-launches-Prajashakthi-national-program/26-778629)

Not UK Labour

The electoral base of the UK Labour government was saved by a rebellion by Labour parliamentarians against an important economic policy of budgetary number-crunching welfare cuts by Labour leader and Prime Minister Sir Keir Starmer. The policy, if implemented, would have meant a huge hit on disability payments and eroded the Labour Government's popularity.

MÁS HISTORIAS DE Daily FT

Daily FT

Daily FT

LOLC Group drives Ceylon Motor Show 2025 as exclusive sponsor

THE LOLC Group, has announced its partnership as the exclusive Sponsor of the Ceylon Motor Show 2025, largest and only international-standard automotive exhibition in the country.

time to read

2 mins

October 14, 2025

Daily FT

Daily FT

South Africa hold nerve to beat Bangladesh in classic thriller

ICC WOMEN'S CRICKET WORLD CUP

time to read

2 mins

October 14, 2025

Daily FT

Daily FT

Coca-Cola appoints Mario Perera as Country Head for Sri Lanka and Maldives

THE Coca-Cola Company yesterday announced the appointment of Mario Perera as Country Head fo Sri Lanka and the Maldives With over 14 years of experience in the food and beverage (F&B) industry, Mario brings extensive regional and global leadership experience, having managed global brands across multiple countries.

time to read

1 min

October 14, 2025

Daily FT

World Elite acquires 50% Gestetner stake for Rs. 318.7 m

GESTETNER of Ceylon PLC yesterday said that Hong Kong-based World Elite Ltd. has acquired a controlling 50.01% stake in the company through trades executed in the market.

time to read

1 min

October 14, 2025

Daily FT

Daily FT

Court upholds fair access for tourism operators in Samanalawewa

ECO Team Group, the pioneer of canoeing and kayaking in Samanalawewa, has welcomed a recent Court of Appeal ruling reinforcing fair and transparent access to the lake for all tourism operators.

time to read

1 min

October 14, 2025

Daily FT

Daily FT

NDB Bank partners DIMO to expand customer-friendly leasing solutions

NDB Bank recently entered into a Memorandum of Understanding (MoU) with DIMO to extend affordable and accessible leasing facilites to.a wide spectrum of customers.

time to read

1 mins

October 14, 2025

Daily FT

Daily FT

Deutsche Bank says SL at turning point; will step up support

GERMANY'S multinational financial services giant Deutsche Bank last week said with macroeconomic indicators improving Sri Lanka is at a turning point and it will step up being a conduit for global capital, enabling trade and investment.

time to read

2 mins

October 14, 2025

Daily FT

Daily FT

Colombo Port posts Rs. 32 b profit YTD Aug. 2025

SLPA says will reinvest earnings to boost transshipment hub status

time to read

1 min

October 14, 2025

Daily FT

Daily FT

Abans Group Director Dr. Dubash honoured with Visionary Leadership Award

ABANS Group has announced that Group Director Dr. Saroshi Dubash has been recognised with the ‘Visionary Leadership in Organizational Excellence’ Award at the 15th Top 50 Professional & Career Women Global Awards 2025, held at Shangri-La Colombo on 9 October.

time to read

1 mins

October 14, 2025

Daily FT

Daily FT

Indian banks can lend in INR in SL, Bhutan, and Nepal

THE Reserve Bank of India has amended regulations allowing Indian banks to extend loans in Indian rupees (INR) to banks and individuals residing in Sri Lanka, Bhutan, and Nepal.

time to read

1 min

October 14, 2025

Listen

Translate

Share

-
+

Change font size