Measures to raise the economy to right place – Harsha
Thu, Mar 21, 2019, 11:37 pm SL Time, ColomboPage News Desk, Sri Lanka.
Mar 21, Colombo: Non-cabinet Minister of Economic Reform and Public Distribution, Dr. Harsha de Silva says measures are being taken to bring the economy to the right place to reduce poverty.
The Minister says a new data analysis unit has been set up to boost economic growth and building the first ever temperature and humidity controlled warehouse for perishable produce will commence in Dambulla soon.
Joining the committee stage budget debate in Parliament today (21st), the Minister said his ministry established a new data analysis unit and launched a program called “From Brick to Microscope” to boost the economy to its right place in the country.
“More money is spent on bricks, concretes and iron, and if that is used to increase the knowledge level of teachers, what we speak will become reality,” he said.
“A formula for the milk powder was brought. We accept responsibility for it. The price of milk powder in world market is going up and down. We will provides solutions to suit the customers’ needs. We introduced a program with transparency. These are the economic policies,” Minister Dr. de Silva elaborated.
The Minister said the foundation stone will be laid by the end of this month to build the temperature and humidity controlled warehouse complex in Dambulla to store the vegetables, fruits and other perishables.
Dr. de Silva said the project will revolutionize Sri Lanka’s agricultural practices and reduce farmer poverty linking farmers to global value chains. “Millions of people benefit. New concepts have been brought forward.”
The parliament today approved the allocation of Rs 3.7 billion from this year’s budget to the Ministry of Economic Reform and Public Distribution which includes Department of Census and Statistics, Food Commission, Institute of Policy Studies (IPS), 1990 Suwasariya Foundation and others.