This new scheme of relief initially will be limited to women who have obtained micro finance loans for non-consumption purposes in the drought-affected districts. The 12 districts that were affected by the recent drought are Trincomalee, Ampara, Batticaloa, Jaffna, Mullaitivu, Kilinochchi, Vavuniya, Mannar, Kurunegala, Puttalam, Anuradhapura and Polonnaruwa where cultivations were affected consecutively for five seasons.
The Cabinet of Ministers, on the recommendation of the Minister of Finance and Mass MediaMr. Mangala Samaraweera decided today to write off the non-consumption loans granted up to Rs One Hundred Thousand to women by all registered Finance companies. Further, the government hasalso decided to introduce an interest rate cap of 30 percent per annum on all future loans givenby Micro Finance Companies.
Rangana Herath who had played a minor role in Sri Lanka’s win at Galle came roaring back to capture the limelight with a six-wicket haul and subject South Africa to a humiliating 199-run defeat at the SSC grounds yesterday.The leading left-arm spinner of all-time and Sri Lanka’s top wicket-taker in contemporary cricket first ended the resistance put up by Theunis de Bruyn and Temba Bavuma by breaking their partnership of 123 for the sixth wicket that was thwarting his team from winning and, having done that ripped through the rest of the batting to bowl South Africa out for 290. It was the Proteas highest total in the series following dismal figures of 126, 73 and 124 in the previous three innings.
As diabetes has become a major health problem, Sri Lanka is focusing attention on ways to prevent the disease and the latest in these efforts is the research into new varieties of rice, the staple food of Sri Lankans. The Ambalantota Rice Research Institute has introduced a rice variety named as 'Nirogi' that would help prevention of diabetes.
Former Secretary to President Maithripala Sirisena and distinguished civil servant Austin Fernando has been designated as Sri Lanka’s High Commissioner to India. Fernando retired as the country’s top civil servant last month.
The Power and Energy Ministry yesterday announced that several parts of the Colombo city will experience intermittent power outages from July 25 to July 31 due to urgent repairs to be carried out in the 132 KW system.
President Maithripala Sirisena returned to the Island today (20) after completing a successful six-day official visit to attend the 24th session of the Committee on Forestry (COFO) and the 6th World Forest Week organized by the Food and Agriculture Organization of the United Nations in Rome, Italy and the Open Government Partnership Global Summit 2018 in Tbillisi inn Georgia.
The President’s tours to Rome and Georgia could be considered as yet another successful steps in the journey towards building trust internationally and promote Sri Lanka as a mature democratic nation. This will bring better benefits to the Motherland in the near future.
Delivering the Inaugural Speech at the opening ceremony of the 24th Sessions of the Committee on Forestry, of Food & Agriculture Organization (FAO) in Rome , President Maithripala Sirisena said the Committee on Forestry is the right platform for the forestry experts to share knowledge, discuss, debate and take decisions for the progressing of the global forestry sector. “The agenda ahead of you is very comprehensive and challenging,” he told the international gathering.
Sri Lanka will unveil one of the biggest initiatives in its international trade history when the Department of Commerce launches the World Bank supported Sri Lanka Trade Information Portal (SLTIP) on 20 July in Colombo.
The Government yesterday in Parliament, presented a Bill to provide for the establishment of an Aesthetic and Research Centre called the ‘Amaradeva Aesthetic and Research Centre’ in gratitude to the legendary musician late Pandit W.D Amaradeva.Chief Government Whip and Minister Gayantha Karunatilleka presented the Bill for First Reading.
President Maithripala Sirisena said that unlimited power creates corruption and during the last three years, Sri Lanka has taken several important steps to break the link between power and corruption in the country. He made this statement at the Open Government Partnership Global Summit in Tbillisi in Georgia today (July 18), while intervening at the Summit Session at the Tbillisi Conference & Concert Hall.