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Several State entities recommended for Closure


A Cabinet-appointed committee has recommended a series of restructuring measures for Sri Lanka’s state-owned non-commercial institutions, including the liquidation, winding up, and amalgamation of several entities.

According to the Sunday Times newspaper, the committee, led by Prime Minister’s Secretary Pradeep Saputantri, assessed 160 institutions across 24 ministries to enhance public service delivery and address inefficiencies.

  • Entities Recommended for Liquidation:

– Sri Lanka Mahaweli Authority

– Cashew Corporation

– Galle Heritage Foundation

– National Ocean Affairs Committee Secretariat

– Information and Communication Technology Agency

  • Entities Recommended for Amalgamation

Media Institutions

– Sri Lanka Broadcasting Corporation

– Sri Lanka Rupavahini Corporation

– Independent Television Network

These are to be placed under a single management to improve efficiency and commercial viability.

Tea Industry Bodies

– Sri Lanka Tea Board

– Tea Small Holdings Development Authority

Coconut and Palmyra Development Bodies

– Coconut Cultivation Board

– Coconut Development Authority

– Palmyra Development Board

The post Several State entities recommended for Closure appeared first on Islandnews.

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