29 Mar 2025 - {{hitsCtrl.values.hits}}
By Kelum Bandara
A top-level committee appointed by the government has identified a dozen state institutions either to be liquidated or done away with, with state involvement in management of them.
The report compiled by the committee comprising various Ministry Secretaries has reviewed the status of over 160 state institutions and made recommendations on their future.
The committee has recommended liquidation of Sri Lanka Mahaweli Authority which was established in 1979. The primary objective of the Mahaweli Authority is to implement the Mahaweli River development scheme. One of the most significant achievements of the Mahaweli Authority is the Mahaweli Development Programme, which was initiated in 1961.
The committee said the founding objectives of this state-owned enterprise are irrelevant in today’s context and therefore it can now be rendered redundant.
Sri Lanka Cashew Corporation is another institution identified to be closed down, with land coming under its purview to be released to private investors on a long-term lease basis. Its functions are to be vested with the Department of Agriculture after liquidation.
Spices and Allied Products Marketing Board and Post-Harvest Management Institute have also been identified to be closed down by the new government. Sri Lanka Hadabima Authority, established 47 years ago, National Agricultural Diversification and Settlement Authority, Human Resource Management Institute, Shrama Vasana Fund, National Institute of Maritime Affairs, Sri Lanka Institute of Local Government, Information and Communication Technology Institute, National Hunger Eradication Campaign Board of Sri Lanka (National Food Promotion Board) are the state-owned enterprises meant to be closed down.
Besides, the Galle Heritage Foundation is proposed to run as a self-financed institute without state involvement in its operation.
The functions of New Villages Development Authority for Plantation Region is proposed to be assigned to the subject ministry instead of keeping it as a separate entity.
The committee was appointed in keeping with a Cabinet paper submitted by President Anura Kumara Dissanayake. It comprised 11 officials and was headed by Secretary to the Prime Minister Pradeep Saputhanthri. It reviewed the functions of 166 state-owned enterprises.
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