Loans for ex-Tigers to begin jobs

4 March 2011 05:54 pm - 5     - {{hitsCtrl.values.hits}}


Rehabilitated and released ex-LTTE combatants have been encouraged to obtain bank loans of up to Rs.25 million each for self employment projects and business ventures, a Central Bank official said today.

Some 5,600 ex combatants have now been integrated into society having gained vocational skills in masonry, carpentry, beauty care, pre-school teaching, hair dressing and vehicle repairing.

Central Bank Assistant Governor W.M. Karunaratne said military officers based in the area would co-ordinate the programme, and the Bank of Ceylon had agreed to issue the loans. 

He said initially 2,500 of them had been identified for this programme.

“I don’t think all of them will apply for loans. Anyway, the BOC is ready to give loans for all of them if necessary.  They are encouraged to undertake income generating projects and funds will be made available to them under loan schemes known as ‘Saubagya and Wiskam’.  We have increased the maximum loan limit to Rs.25 million,” Mr. Karunaratne said.

He said the Central Bank had instructed the BoC to give the loans against lands without titles as collateral.

Only some 4,500 ex combatants including 34 females were still undergoing rehabilitation. (Kelum Bandara)

  Comments - 5

  • Gayan Saturday, 05 March 2011 02:32 PM

    Tamil dispora created these terrorists and they should feed these terrorists.Why should our tax money used for this?

    M. Kapila Friday, 04 March 2011 10:33 PM

    Wise move! NGO must support these activities rather than just criticizing and disturbing government plans to reestablish the war affected lives of N_E regions of the country.

    gona Friday, 04 March 2011 10:38 PM

    ..........that should be about enough to get to Canada, nice one!

    Gamarala Saturday, 05 March 2011 12:09 AM

    Only Politicians (encouraged to get loans for vehicles) and ex-terrorists are encouraged by the Govt Banks to get loans. The rest of the populations are expected to work and provide money for these people to enjoy the benefits !!!!!

    Cobra Saturday, 05 March 2011 01:27 AM

    It is good to give them such a grubstake but where is the money coming from? KP? Diaspora? or are we to tighten our belts some more?

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