{"id":92057,"date":"2022-05-16T07:35:26","date_gmt":"2022-05-16T07:35:26","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=92057"},"modified":"2022-05-16T07:35:26","modified_gmt":"2022-05-16T07:35:26","slug":"let-not-the-politicians-drag-down-sri-lankas-recovery-by-n-s-venkataraman","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/let-not-the-politicians-drag-down-sri-lankas-recovery-by-n-s-venkataraman\/","title":{"rendered":"LET NOT THE POLITICIANS DRAG DOWN SRI LANKA\u2019S RECOVERY \u2013 by N.S.Venkataraman"},"content":{"rendered":"

\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/strong>\u00a0LET NOT THE POLITICIANS\u00a0 DRAG DOWN \u00a0SRI LANKA\u2019S \u00a0RECOVERY \u2013 by\u00a0<\/span><\/strong>N.S.Venkataraman<\/strong>\u00a0<\/strong><\/span><\/span><\/h1>\n

\"Sri<\/p>\n

While\u00a0 the economic crisis in Sri Lanka has drawn the attention of the entire world and several governments are concerned about the turn of events in\u00a0 Sri Lanka, it is sad that politicians in Sri Lanka are discussing more about political issues\u00a0 rather than about economic issues.<\/strong><\/span><\/p>\n

The ongoing economic crisis in Sri Lanka can be sorted out in quick time only by finding technological and industrial \/ agro management solutions and not by political solutions.\u00a0 Obviously, the fate of \u00a0Sri Lanka today depends on utilising the services of economists, technologists and industrial executives \u00a0\u00a0who have the expertise and not by the antics of politicians.\u00a0 The present situation demands that politicians should go silent at least until such time that Sri Lanka\u2019s economy would be brought to a level of reasonable control.<\/strong><\/span><\/p>\n

Sri Lanka\u2019s President Gotabaya has\u00a0 handsomely won the 2019 Presidential polls\u00a0 and he has the mandate of the people to remain as President of Sri Lanka for his prescribed term.\u00a0\u00a0 He has responded to the demand of the opposition parties to remove Mahinda Rajapaksa and his cabinet ministers from their positions. He has also suggested \u00a0a national unity government\u00a0\u00a0 to have a coordinated action plan to save Sri Lanka\u2019s economy.<\/strong><\/span><\/p>\n

<\/p>\n

Unfortunately, the opposition parties have rejected\u00a0 his call for unity government and has been demanding Gotabaya\u2019s resignation , as if this would solve Sri Lanka\u2019s problems. The opposition parties do not seem to be concerned about the consequent constitutional crisis and instability\u00a0 that would inevitably happen in case that Gotabaya would resign as President of Sri Lanka\u00a0 at the present juncture.<\/strong><\/span><\/p>\n

Under the present circumstances, Gotabaya has taken the right decision to appoint\u00a0\u00a0 Ranil Wickremesinghe\u00a0 as the Prime Minister. Obviously,\u00a0 Wickremesinghe having served\u00a0 as Sri Lanka\u2019s Prime Minister several times and with high level of exposure\u00a0\u00a0 to the governance\u00a0 in Sri Lanka as well as in dealing with the overseas governments, \u00a0is the most appropriate choice to be appointed \u00a0as Prime Minister from the opposition parties. At the same time , credit should be given to Gotabaya for not nominating a person from his own party as the Prime Minister.<\/strong><\/span><\/p>\n

\u00a0Instead of understanding and appreciating the intensity of the crisis situation\u00a0 and without keeping in view the overall need for political stability in Sri Lanka, the opposition parties have questioned the move to appoint Wickremesinghe as the Prime minister and such \u00a0move of the opposition parties will only contribute to further chaos .<\/strong><\/span><\/p>\n

What is needed today is that politicians in Sri Lanka should simply remain as observers and keep away from creating controversies or focussing on hate politics.\u00a0 This is the biggest contribution that they can make in the interest of Sri Lanka.<\/strong><\/span><\/p>\n

Gotabaya and Wickremesinghe should urgently constitute a team of\u00a0\u00a0 economic, technological and industrial experts\u00a0 to quickly work out action plans and implement them competently. Certainly, these experts, \u00a0unlike politicians , would not have self centred or prejudiced views and can be expected to \u00a0work solely on achieving the purpose\u00a0 in time bound manner.<\/strong><\/span><\/p>\n

One may recall that when India faced somewhat similar economic crisis a few decades back, the then Indian Prime Minister Narasimha Rao brought an economic expert Dr. Manmohan Singh as finance minister \u00a0which obviously mean that Narasimha Rao \u00a0decided that any politician as finance minister cannot retrieve the situation. In the process, Narasimha Rao ,Manmohan Singh team brought the situation under control in quick time.<\/strong><\/span><\/p>\n

Experts say that the problems of Sri Lanka are not insurmountable.\u00a0<\/strong><\/span><\/p>\n

Sri Lanka has to significantly increase the export earnings by creating production centres\u00a0 in multiple ways\u00a0 that\u00a0 do not call for huge investments from the government.\u00a0 This can be done by strengthening \u00a0the services sector , \u00a0which is possible in quick time. For example, \u00a0software expertise can be quickly built , just as India has done admirably. \u00a0\u00a0Sri Lanka has \u00a0reasonable level of well qualified people both in Sri Lanka and abroad who can build such services sector in quick time. In the services sector, there are many alternate ways and options to make quick progress and experts know this.<\/strong><\/span><\/p>\n

Optimising the agricultural management to boost agri exports\u00a0 is also a quick option.<\/strong><\/span><\/p>\n

Even in the case of fertilisers, whereas setting \u00a0a project for fertilisers like urea , di ammonium phosphate etc. are time consuming and capital intensive, there are other fertilisers like single super phosphate for which production plants can be quickly built.\u00a0 Depending on import for all fertiliser needs is not a desirable option for Sri Lanka.<\/strong><\/span><\/p>\n

Till now, Sri Lanka has been heavily depending upon tourism income. Obviously , time has proved that tourism income is uncertain \u00a0and Sri Lanka should give up the obsession \u00a0that tourism income can be\u00a0 the be all and end all of economic prosperity.<\/strong><\/span><\/p>\n

All that is urgently required in Sri Lanka today is that politicians should go silent and enable the experts in different domain to occupy the pivotal place and guide the country.\u00a0<\/strong><\/span><\/p>\n

If the politicians would continue to insist that Gotabaya should go at any cost and they keep the focus on political issues and political bickering, these politicians would be solely held responsible for destabilising Sri Lanka at this critical time.<\/strong><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

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