{"id":92671,"date":"2022-05-28T15:51:03","date_gmt":"2022-05-28T15:51:03","guid":{"rendered":"https:\/\/websitedesigns.com.au\/elankanew\/?p=92671"},"modified":"2022-05-28T15:51:03","modified_gmt":"2022-05-28T15:51:03","slug":"sri-lanka-needs-less-number-of-politicians-and-more-number-of-technologists-by-n-s-venkataraman","status":"publish","type":"post","link":"https:\/\/websitedesigns.com.au\/elankanew\/sri-lanka-needs-less-number-of-politicians-and-more-number-of-technologists-by-n-s-venkataraman\/","title":{"rendered":"SRI LANKA NEEDS LESS NUMBER OF POLITICIANS AND MORE NUMBER OF TECHNOLOGISTS \u2013 by N.S.Venkataraman"},"content":{"rendered":"

SRI LANKA NEEDS LESS NUMBER OF POLITICIANS AND MORE NUMBER OF TECHNOLOGISTS \u2013 by N.S.Venkataraman<\/span><\/strong><\/span><\/h1>\n

\"Sri<\/p>\n

There are rumours that Sri Lankan Prime Minister\u00a0 \u00a0Ranil Wickremesinghe\u00a0 had to take over the finance portfolio also, since no member of Sri Lankan parliament was willing to take up this challenge of managing the country\u2019s\u00a0 finance.\u00a0 Instead of looking at the scenario in\u00a0 such negative manner, it would be appropriate to think that Prime Minister taking over the finance portfolio also is a progressive step , as the finance portfolio requires the maximum<\/span>
\nattention at this stage.<\/span><\/p>\n

While the Sri Lankan government is negotiating with IMF to get financial assistance , it appears that the decision of IMF is yet to be taken firmly.\u00a0 Meanwhile, Sri Lankan government approached the World Bank and it is said that the World Bank ruled out any new assistance to Sri Lanka , until an adequate macro economic policy framework would be in place.\u00a0 World Bank has said that it was working with IMF and other development partners to advise an appropriate policies to restore economic stability in Sri Lanka.<\/span><\/p>\n

Sri Lanka government\u00a0 is losing time, as\u00a0 the\u00a0 shortages in fuel\u00a0 and other essentials\u00a0 are creating restive conditions amongst the people.<\/span><\/p>\n

It is said\u00a0 that Sri Lanka has decided to seek fresh assistance of 500 million USD\u00a0 from India to augment it\u2019s fuel imports.\u00a0 \u00a0So far, it appears that only India has responded to Sri Lanka\u2019s need with great sense of urgency and good will.\u00a0 \u00a0But there is a limit to\u00a0 the capability\u00a0 of India to financially help Sri Lanka , since India is a developing country with a huge population.<\/span><\/p>\n

Obviously, Sri Lanka government, instead of thinking that external loan and\u00a0 grant\u00a0 would be the\u00a0 only solution,\u00a0 has to look within and examine all possibilities to augment the country\u2019s resources and earnings\u00a0 \u00a0and develop a time bound\u00a0 \u00a0contingency action plan on the economic front. However, it appears that such plans\u00a0 are yet to be evolved and announced to the people\u00a0 with clarity.<\/span><\/p>\n

What Sri Lanka urgently needs is\u00a0 short term action plan as well as long term action plan.<\/span><\/p>\n

There are some announcements such as about the plans to advertise plots for studies on oil exploration in the Mannar basin , privatisation of\u00a0 loss making national carrier Sri Lanka Airlines, printing more money to pay state sector employees etc.\u00a0 These steps will not happen anytime soon and do not create confidence that\u00a0 Sri Lanka government\u00a0 is capable of solving the economic issues . Printing more currency is not the elegant way of solving Sri Lanka\u2019s economic woes at this stage.<\/span><\/p>\n

There are several short term plans that can be quickly implemented. For example, Sri Lanka\u2019s production of tea is estimated to be lower by around 18 to 20%. Sri Lanka caters to majority of global market to supply tea including Iran, Iraq, Libya, Russia and others. Tea production efficiency can be increased in quick time\u00a0 and Sri Lankan<\/span>
\ncan request for advance payment for the tea export from\u00a0 other countries by indulging in suitable negotiations . Similarly, Sri Lanka has several mineral deposits which are currently exported and this can be stepped up. There are so many other immediate opportunities and avenues, about\u00a0 which the government is not talking.<\/span><\/p>\n

The problem today in Sri Lanka is that there is more talk about politics than\u00a0 about technology solutions. Politics in Sri Lanka is now becoming counter productive\u00a0 and many politicians seem to have prejudiced approach and do not seem to think that the national interest must precede personal interest.\u00a0 It is sad that even at this critical time , the politicians belonging to different parties in Sri Lanka\u00a0 have not come forward to offer unconditional support to Prime Minister in implementing the strategies to overcome the crisis.<\/span><\/p>\n

The utterances and behaviour of so many politicians in Sri Lanka are so disgusting that international agencies like IMF and World Bank are suspicious about the political stability in Sri Lanka\u00a0 \u00a0and do not get the confidence in the capability of politicians in Sri Lanka to stabilise the country\u2019s economy and other growth oriented sector.<\/span><\/p>\n

Now,\u00a0 the initiative and responsibility has to be with the Sri Lankan Prime Minister rather than the President Gotabayya, whose leadership qualities and capability have been questioned. The country expects more from the Prime Minister and the country wants the President\u00a0 to give free hand to the Prime Minister.<\/span><\/p>\n

Given the ground realities in Sri Lanka, whatever decision that the Prime Minister would take and implement would be questioned by some politicians and political parties , may be\u00a0 without even examining the merits.\u00a0 The Prime Minister should take the people in to confidence and\u00a0 \u00a0build a climate where people would have confidence in the<\/span>
\ngovernment\u00a0 \u00a0and give time for the government to enable Sri Lanka\u00a0 to get out of the present messy situation.<\/span><\/p>\n

Section of politicians in Sri Lanka may continue to whip up passion amongst innocent people\u00a0 and organise demonstrations and protests.\u00a0 It causes concern that even religious heads are interfering in the matter , without confining themselves to the matter concerning religion . There is, however, a silent majority in Sri Lanka,\u00a0 \u00a0who would respond to positive governance.<\/span><\/p>\n

The Prime Minister should talk more about technological solutions , industrial ventures and give greater prominence and importance to the\u00a0 views of experts in different fields\u00a0 rather than that of politicians.<\/span><\/p>\n

Sri Lanka\u2019s governance should be guided by technologists and engineers and economic experts and not by politicians\u00a0 at the present time This is possible only if the Prime Minister would recognise the talented people in Sri Lanka\u00a0 publicly and\u00a0 give them prominence and without losing further time\u00a0 in organising a taskforce of experts to guide the country\u00a0 at this critical time.\u00a0 So far, there is no indication that technologists and experts are heard in Sri Lanka\u00a0 adequately.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

SRI LANKA NEEDS LESS NUMBER OF POLITICIANS AND MORE NUMBER OF TECHNOLOGISTS \u2013 by N.S.Venkataraman There are rumours that Sri Lankan Prime Minister\u00a0 \u00a0Ranil Wickremesinghe\u00a0 had to take over the finance portfolio also, since no member of Sri Lankan parliament was willing to take up this challenge of managing the country\u2019s\u00a0 finance.\u00a0 Instead of looking […]<\/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":[44546,43479,4743,687,494,31569,44545,42069,44547],"class_list":{"0":"post-92671","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-articles","8":"tag-countrys-finance","9":"tag-imf","10":"tag-ranil-wickremesinghe","11":"tag-sri-lanka","12":"tag-sri-lankan-government","13":"tag-sri-lankan-parliament","14":"tag-sri-lankan-prime-minister","15":"tag-tea","16":"tag-technology-solutions","17":"post_format-post-format-aside"},"yoast_head":"\nSRI LANKA NEEDS LESS NUMBER OF POLITICIANS AND MORE NUMBER OF TECHNOLOGISTS \u2013 by N.S.Venkataraman - 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