Wed, 04 Aug 2021 Today's Paper

Enterprise Sri Lanka loans hit Rs.79bn mark

1 April 2019 12:10 am - 0     - {{hitsCtrl.values.hits}}

A A A

  • 46, 676 total loan facilities; of that 22, 544 were housing loans
  • Loans targeting farming community top 21, 000
  • 1, 339 loans to install solar panels; 661 loans for journalists 
  • Finance Ministry spent Rs.5.2bn in 2018 on interest payments 
  • Allocates Rs.6.1bn this year for full or partial interest payments

 

The Finance Ministry yesterday revealed that over Rs.78.6 billion worth of loans have been disbursed under the Enterprise Sri Lanka concessionary loan programme through 46, 673 loan facilities.


The programme, which is conceptualized by Finance Minister Mangala Samaraweera, is aimed at creating 100, 000 entrepreneurs.


A Finance Ministry statement said 20, 286 loan facilities were given under the ‘Sonduru Piyasa’ scheme while 2, 258 loans given under the ‘Jaya Isura’ scheme, which is also aimed at enabling home ownership.


Meanwhile, 20, 821 loans were given under the ‘Ran Aswenna’ and ‘Govi Navoda’ schemes targeting the farming community. 


Also, under the ‘Rivi Bala Savi’ scheme 1, 339 loans were granted to install eco-friendly solar panels, while 661 loans were given to journalists to buy new media equipment and repair the existing ones. 


The government launched the Enterprise Sri Lanka programme on June 21, 2018, and by the end of that year, 39, 000 loans were granted by the State and private sector banks in the country.


The Finance Ministry said the treasury spent little over Rs.5.2 billion to pay the interest component of these loans to the banks fully or partially.  


The Budget 2019 introduced more loan schemes under programmes such as ‘Sihina Maligaa’ housing loan scheme for migrant workers, ‘Home Sweet Home’ for newly married and ‘Mage Anaagathaya’ for students to pursue higher education.


The Budget 2019 allocated Rs.6.1 billion for interest payments of these loans. 


Meanwhile, the Finance Ministry launched the Enterprise Sri Lanka mobile services in Weligama a couple of weeks back in order to take the programme to the masses even more. 
The Finance Ministry said over 7, 000 people attended the event and 1, 327 people registered to be considered for loans by State banks. 

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

  Comments - 0

See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




See Kapruka's top selling online shopping categories such as Toys, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 


Ugly sporting truths Sport scholarships thrive in culture of corruption

Sadly the cohort of perpetrators include egotistical leaders, coaches and eve

JR Jayewardene and the July 1983 Anti-Tamil Violence

July 24, 1983 was the day on which a destructive spree of anti-Tamil violence

“Medamulana Dynasty”: Four Sons and Three Grandsons of Don Alvin Rajapaksa

Basil Rohana Rajapaksa was sworn in as Finance minister in the Government of

Site survey near Akasa Chaitya: Is it the end of Yala?

The Yala National Park has been at the receiving end of human disturbances fr