Questions & Answers

I want to ask further questions regarding NPP economic policies, so as to create awareness amongst those who arbitrarily condemn NPP without knowing the facts. Although many policy principles have been articulated at meetings and Youtube videos, many do not have the time for that. Hence, I believe this is a quick way to direct those people interested to read NPP ideas. In your previous response it was clarified that creating COMPETITION, providing DATA and CAPITAL (where required) are some of the fundamental NPP principles. 1) If a person has the capital and data and they want to get into the manufacturing industry for example, will NPP have a SYSTEM where one can apply to set up their business without connections (or bribes) to anyone including politicians and Government officials? 2) If a person has the data but short of CAPITAL, will NPP have a system like in Singapore and China with new Development Banks that will provide low cost loans? 3) Cost of energy is very high and a huge hurdle for businesses to be competitive. Will a NPP govt be open to competition in the power generation sector? 4) NPP is said to prefer a 'mixed services and production economy' to increase GDP. What services other than tourism (value adding) human capital export (more skilled less unskilled) shipping/ harbour services are you looking at? 5) Does NPP intend to tap into the International IT market in collaboration with India which has a $133B market for IT? 6)What sort of incentives will be offered for businesses to be located to the provinces away from Colombo? 7) Regarding FDI, what sort of businesses should be attracted to come to SL?

Thank you for your long list of questions . Here are the answers .

1. 1.Yes , there will be a Single Window which will attend investor needs. Investors need not go to various ministers/ministries or departments or local authorities and waste time . Approvals can be given within 48 hrs if the source of funding and the amount of funds are declared because all other infrastructure development is the responsiblity of the investment authority .
2. 2.Loans are available provided the compliancs are dully met.
3. 3.There will be concessions for electricity /energy consumption by industries that contribute to the GDP .
4. 4.There are many . When it comes to sectors that contribute to GDP are agriculture , industry and services . In agriculture ,the contribution to GDP is 8% . However 30% of population is in the agriculture . Our plan is to increase the contribution from 8% to 10% in the first 3 yrs in power. We bring in technology to agriculture and new plantation methodology to export agriculture . Value addition is a major part. When it comes to Services there is a big potential in the IT sector. Now the contribution to GDP is 1.2 billion USD which can be easily increased to 5 billion USD . Their tax brackets need amendments and other infrastructure such as skilled labour, internet cost etc need to be reduced in order to sustain the industry . Marine services and the industry connected to that are more potential areas for development which NPP will look into.
5. 5.I have answered for this question .
6. 6.Land, energy concessions , tax holidays , acce to rapid transport , skilled labour , etc.
7. 7.FDIs are attracted to manufacturing , hotel industry , and other potential services that generate employment , introduces new technology etc.
8. Regards

How do you help to freelances in advertising?

What is the plan for build education society

Thank you for your question. Providing free education is the responsiblity of the government and there will be a system that ensures education for all. Education system in Sri Lanka will be reformed to meet the emerging challenges and industry needs . NPP will produce a child for the universe with human qualities. Regards

what are the National policies ? ( not NPP policies ) How to manage e-business

Thank you for your question . Policy on e business is such that it meets the required compliances and abide by the law of the land. Monitoring and authentication will be done by an independent financial authority. Though you have said not NPP policy , when NPP takes over the power , whatever the policy it implements , it becomes a national policy because they are not just for the NPP members . Regards

I have posted a suggestion almost two weeks ago regarding the improvement of transportation in Sri Lanka. I am sorry to say that ,there was no reply or answer to my suggestion.My belief is that you have to be completely different to those who are running the failed country to make a change. If you are reluctant to answer a reasonable question,i am really disappointed.There is no difference between you.

Sorry if you have not received a reply . However , we have forwarded your proposal to the team that works on transport policy . They will incorporate your proposals if there were anything new. Thank you