{"id":91566,"date":"2022-05-07T04:22:37","date_gmt":"2022-05-07T04:22:37","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=91566"},"modified":"2022-05-07T04:22:37","modified_gmt":"2022-05-07T04:22:37","slug":"where-is-the-roadmap-to-restore-srilankas-glory-by-n-s-venkataraman","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/where-is-the-roadmap-to-restore-srilankas-glory-by-n-s-venkataraman\/","title":{"rendered":"WHERE IS THE ROADMAP TO RESTORE SRILANKA\u2019S GLORY? \u2013 by N.S.Venkataraman"},"content":{"rendered":"

WHERE IS THE ROADMAP TO RESTORE SRILANKA\u2019S GLORY? \u2013 by N.S.Venkataraman<\/strong><\/span><\/h1>\n

\"Sri<\/p>\n

Most people in the world , whether Sri Lankans or otherwise , are concerned\u00a0 about the present plight of Sri Lanka\u00a0 due to what appears to be a\u00a0 sort of economic collapse and consequent unrest amongst the people.<\/span><\/p>\n

Several experts and observers have commented liberally as to how this\u00a0\u00a0 country with beautiful\u00a0 landscape and glorious\u00a0 culture\u00a0 have been reduced to this state.\u00a0 The diagnosis is complete.\u00a0 But , it appears that the process of evolving prescription to overcome the crisis is yet to be convincingly evolved and crystallized.<\/span><\/p>\n

At present, the focus is on getting loan or aid from abroad ,as if this by itself could sort out the grim issues facing Sri Lanka \u00a0in short term or long term.<\/span><\/p>\n

Sri Lanka already has huge debt to service and repay and Sri Lankan government has said that it cannot pay the debt or interest\u00a0 at the present stage and admitted that it is a defaulter.<\/span><\/p>\n

With a huge debt on it\u2019s head and with more loan being availed now , it is urgently necessary that \u00a0a credible roadmap to overcome the present crisis has to be prepared, discussed knowledgeably and\u00a0 firm decision \u00a0should be taken , which should be implemented in a time bound manner efficiently.<\/span><\/p>\n

While there is lot of news about mass agitation and the demand by \u00a0the opposition parties and some activists that both the brothers, namely the President and the Prime Minister, should quit office and the brothers not obliging , what is conspicuous\u00a0 by absence \u00a0is that neither the government nor the opposition parties nor the activists\u00a0 have suggested\u00a0 a credible , time bound roadmap to bring the focus of debate on economic and industrial revival plans rather than change of political leadership.<\/span><\/p>\n

The ground reality today in Sri Lanka is that the present ruling Rajapaksa brothers have mismanaged the economy and brought it to a seriously damaged level. I\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 t appears that the leaders in the opposition parties , \u00a0some of whom\u00a0 have already been tested in government leadership position and failed and \u00a0others too do not command widespread \u00a0public confidence that they have the capability and expertise\u00a0 to lead Sri Lanka\u00a0 to restore it\u2019s glory anytime soon,-.<\/span><\/p>\n

In such circumstances, the emerging \u00a0view appears to be\u00a0 that mere\u00a0 change of President or Prime Minister would not bring about any change for the \u00a0better.\u00a0<\/span><\/p>\n

The suggestion of the President of Sri Lanka that a national government should be formed \u00a0( perhaps, without the\u00a0 present \u00a0Prime Minister), appears to be an appropriate solution at this critical stage.\u00a0 After one year of \u00a0governance\u00a0\u00a0 by such \u00a0national government\u00a0 , that would evolve and commence implementation of\u00a0 the roadmap and restore confidence\u00a0 amongst the people and the world , national election can take place to have a popular government.<\/span><\/p>\n

While Sri Lanka does not have resources such as crude oil and natural gas which are now considered as very valuable asset for any country, there are many other strength the country has and the options for revival of the national economy are many.<\/span><\/p>\n

The agriculture sector contributes about 7.4 percent to the national GDP, out of which the fisheries sector contributes around 1.3 percent, and the livestock sector accounts for 0.9 percent.\u00a0 \u00a0\u00a0With regard to tea and rubber, Sri Lanka is a significant exporter and it\u2019s product enjoy considerable world reputation. Although Sri Lanka is a fertile tropical land with the potential for the cultivation and processing of a variety of crops, issues such as productivity hamper the growth of the sector.\u00a0\u00a0With focussed\u00a0 agricultural management adopting modern technologies, Sri Lanka can be made nearly self sufficient in food production.\u00a0\u00a0 Technology inputs from developed countries would be much needed.<\/span><\/p>\n

Sri Lanka is endowed with a variety of mineral resources, such as feldspar, clays (including ball clay and kaolin), dolomite, graphite, limestone, mica, mineral sands (including ilmenite, rutile, and zircon), phosphate rock, quartzite, and salt.\u00a0 There are many exciting opportunities in this area ,\u00a0 where\u00a0 overseas investment and technology can be invited for mutual benefit.\u00a0<\/span><\/p>\n

For example, from ilmenite , valuable titanium dioxide pigment can be produced , which has huge global demand of nearly 7 million tonne.\u00a0 From natural graphite, anode can be produced for use in lithium ion battery , where the demand is steadily increasing in the world\u00a0 due to the rapid growth of electric vehicles, where lithium ion battery is used.<\/span><\/p>\n

\u00a0In Sri Lanka, due to it\u2019s vast coastal area, there could be many opportunities in the production of marine chemicals and launching\u00a0 research efforts in\u00a0 marine biology . Many multinational players would be interested in participating in such ventures due to Sri Lanka\u2019s unique advantages in\u00a0 such fields.<\/span><\/p>\n

Of course, tourism is a big thrust area for Sri Lanka where it has already made a mark.\u00a0 There are several innovative projects possible to boost tourism.<\/span><\/p>\n

Many similar examples of growth opportunities can be readily pointed out.<\/span><\/p>\n

Sri Lanka need to have a progressive and forward looking policy with \u00a0stress and focus on international cooperation to promote rapid industrial \u00a0\u00a0and technological growth,.<\/span><\/p>\n

Today, Sri Lanka needs Singapore model of governance where stick and carrot policy is elegantly used , with citizens living with confidence in the government about maintaining law and order and fair play.<\/span><\/p>\n

One problem for Sri Lanka like other nearby countries is an excessive level of democracy without adequate check and control, which is doing more harm than good. People of Sri Lanka and the politicians should realise that liberty to state their views and indulge in protests cannot be a mere personal affair but\u00a0 it has to be a part of social contract coupled with responsible attitude.<\/span><\/p>\n

The sad fact is that there have been lot of corruption allegations in Sri Lanka for which Rajapaksa government is\u00a0 responsible to some extent and particularly since Rajapaksa has made the government virtually a family affair. Perhaps, the national government should evolve some policy approach with regard to\u00a0 the place of family interest in the government and permissive level of liberty and freedom.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

WHERE IS THE ROADMAP TO RESTORE SRILANKA\u2019S GLORY? \u2013 by N.S.Venkataraman Most people in the world , whether Sri Lankans or otherwise , are concerned\u00a0 about the present plight of Sri Lanka\u00a0 due to what appears to be a\u00a0 sort of economic collapse and consequent unrest amongst the people. Several experts and observers have commented […]<\/p>\n","protected":false},"author":3,"featured_media":23037,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"aside","meta":{"footnotes":""},"categories":[20],"tags":[38915,687,494,43231],"class_list":{"0":"post-91566","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"tag-economic","9":"tag-sri-lanka","10":"tag-sri-lankan-government","11":"tag-tourism","12":"post_format-post-format-aside"},"yoast_head":"\nWHERE IS THE ROADMAP TO RESTORE SRILANKA\u2019S GLORY? \u2013 by N.S.Venkataraman - eLanka<\/title>\n<meta name=\"description\" content=\"Most people in the world , whether Sri Lankans or otherwise , are concerned about the present plight of Sri Lanka due to what\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WHERE IS THE ROADMAP TO RESTORE SRILANKA\u2019S GLORY? 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