Last Updated : 2019-07-16 16:49:00

New model to administer loss making plantation companies

29 August 2016 09:00 am - 9     - {{hitsCtrl.values.hits}}


The government will introduce a new model to run the plantation companies soon, Prime Minister Ranil Wickremesinghe said yesterday.  

Speaking at the United National Party (UNP) membership drive in Hatton, Mr. Wickemesinghe said all plantation companies which are undergoing losses would be brought under this new model of administration.   

“Some plantation companies are not run effectively and incur losses while others are running at a profit. We will bring all loss-making plantation companies under the new model. According to this model the loss making plantation companies will be handed over to compliant people” he said.   

“I suggest that loss-making plantation companies should come under those who are able to develop them no matter whether they are locals or foreigners” the Prime Minister said.   

He said schools with GCE Advanced Level Science stream would be set up in that part of the country while Nuwara Eliya, Hatton towns would be modernised. Meanwhile, Mr. Wickremesinghe who addressed the UNP membership drive in Welimada on Saturday said the government would focus on reducing the country’s debt in the next budget. “We will push the country through from the debt trap to some extent by earlier next year” he said.   
He said the UNP refrained from requesting courts to declare the Uva Provincial Council election null and void after the party decided to form a national government with the UPFA. “We the UNPers had to face many difficulties in the past when in Opposition but we are ready to work with the UPFA in order to develop the country.” he said. 

The Prime Minister said details of misusing State funds under the Tourist Board for the Uva Provincial Council election and cases are taken up against some public servants. We have no intention of harassing public servants to take revenge from them. But, a proper study should be conducted to determine whether they have done anything wrong” the Premier said.   

Some pro-Rajapaksa newspapers have said it was wrong for the government to conduct a probe. These are the newspapers which said Rajapaksa administration will last for 20 years. They are in difficulty now that their predictions have gone wrong,” he added. (Yohan Perera)

  Comments - 9

  • Pramod Fernando Monday, 29 August 2016 12:36 PM

    Oh yeah, I see a new model. A Cowboy without a gun.

    waco Monday, 29 August 2016 12:38 PM

    6) Do not allow politicians to interfear the the day-to-day management of the Plantations.7) Have competent Planters as Visiting Agents and they must visit three times a year.8) Directors must Visit once a year.9) Worker's living conditions must be improved according to a carefully drawn forward plan.10) Introduce a good education system to plantation warker's children.

    zamaan Monday, 29 August 2016 12:41 PM

    we need come back again as the 2nd largest tea exporter by pushing Kenya back. thanks. via DM Android App

    ANTON Monday, 29 August 2016 09:44 AM


    waco Monday, 29 August 2016 09:54 AM

    Plantations got ruined due to Nationalization. As a result Sri Lanka lost the London Tea Market. Europian plantation companies, planted Tea in Africa. Sri Lanka lot the Tea Market to them. Only way to improve Tea Industry is by getting British Companies back to manage Tea Plantations.

    Ex Estate Office Worker Monday, 29 August 2016 09:58 AM

    No 1 Item in Model - To Ensure the Planters Do not Robe the Estates. ( By way of Kick Backs - Robbing the Bungalow Items and taking to their Personal Homes ) No 2 Stop the so called Management Fees which goes in to the Personal Pockets.

    waco Monday, 29 August 2016 10:02 AM

    Had Mr. Ranjan Wileratna lived, he would have managed the Plantations as a viable industry. You can not do it, do not even thing of it.

    Mason Monday, 29 August 2016 11:52 AM

    The BEST way to run the loss making plantations is to SELL them to the PRIVATE SECTOR, who could make it turn around, subject to the STATE not MEDDLING in it's affairs, and not wanting to appoint their STOOGES to oversee matters.Successive governments have tried their NEWER models but have not been successful. This government is not going to be an exception going by their performance up to now.

    Selvyn Monday, 29 August 2016 12:06 PM

    Our PM has become a highly nation conscious citizen via DM Android App

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