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Unity or Togetherness – Yours to Ponder! – by Noor Rahim Unity and Togetherness are two words so synonymous; but a deeper inspection reveals that there is a great difference in human and worldly values that are attached to it. Unity, as defined in the Webster’s dictionary, means to bring or come together in a common cause or action. Togetherness as defined in the Webster’s dictionary, is the spending of much time together, as by family members, which results in a more unified relationship. The word “Unity” is indeed a universally common and widely used word in all circles – be it Family Circles; Religious Congregations; Clubs, Associations or Unions; and among friends. The concept of Unity among human beings can go on and on; in a never ending list. But the most important use of this word is in Political rhetoric. Unity can also be a “soured”, maligned ...

Mar 8, 2022 Posted by eLanka admin In Articles, Noor Rahim Tagged cohesion, economic, Mango Friends, pseudo unity, Togetherness, unity

The Role of Divestments in Overcoming Present Economic Challenges – by Imesha Dissanayake Source:Sri Lanka Guardian Divestiture can bring in investors with the capacity to invest in expansions. The Government of Sri Lanka (GoSL) has very ambitious plans for the country’s economic transformation including an economic growth expectation of more than 6% during five-year period of 2022-2027. The national budget announced in 2022, forecasts public investments to be at 5.1% of GDP. A similar figure was announced during the last budget as well where it was targeted at 5.4% of GDP but currently the estimate for 2021 is at 3.5%. The total tax revenue estimated in the national budget was an optimistic expectation as well with a growth projection of 50% (LKR 662 billion) in 2022. This is far more than what past budgets had also projected. This increase in revenue is expected to reduce the budget deficit as a percentage of ...

Feb 26, 2022 Posted by eLanka admin In Articles, elanka Finance Tagged economic, Imesha Dissanayake, investments

Data-driven decision-making for economic prosperity and good governance – II By Dr. Ranga Prabodanie Source:island.lk By Dr. Ranga Prabodanie (The first part of this article appeared yesterday (05) The previous part of this article series explained how the great insurgence of digital data has revolutionized the institutional decision-making process in both business and governance. This latter part will look at the Sri Lankan context: Where we are currently and the way forward to a data-driven decision-making culture. Let’s first have a glance at how decisions are made in data-intensive public services. Education Schools, universities and vocational training institutions, throughout the country, collect, record and report data on admissions, enrolment, completion, drop-outs, results, graduations and expenditure for various programmes, courses and subjects. The Examinations Department does have digital records of GCE O/L and A/L results. However, the data is used only for the preparation of annual statistical reports, rather than for ...

Nov 8, 2021 Posted by eLanka admin In Articles Tagged Data-driven decision -making, Department of Motor Traffic and the Election Commission, digital data, economic, Examinations Department, ICT, National Statistics, Sri Lankan government