President Rajapaksha Announced 5 Percent Inter Allowance And Rs.600 COL Increase For Govt.Servents From Budget

President Mahinda Rajapaksha presented the Sri Lankan Government's 2011 Budget Proposals to Parliament as finance minister and announced a 5 percent inter allowance (non pensionable) and 600 Rupees increase of Cost of Living Allowance for the Public Sector Employees with effect from January Next Year.All Pensioners also received Rs.300 increment from next year he said.

Under the new inter allowance some employees in Government Sector will entitled around Rs.3500 Salary Increase President stressed.President also said that the Salary Anomalies prevails in Government Sector will be solved with effective measures.

According the Budget Proposals 10,000 Unemployed Graduates will received employment in the Public Sector Banks from next year and 1500 Graduates will recruited to State Banks and Financial Institutions as Management Trainees.

A new Pension Scheme is introduced for the Private Sector Employees with 2 percent each contribution from Employer and the Employee as well as another 2 percent contribution from the Employers Provident Fund(EPF).

Government To Present 2011 Budget Proposals Tomorrow

Government will present  2011 Budget Proposals to the Parliament Tomorrow(22).The Proposals will be presented to the Parliament at 1.30 P.M.

Government Servants ranging Intellectuals to Normal Employees are expecting a reasonable pay hike from this Budget to met the  high Living Expenditure prevails in the Country.Meanwhile Government has hinted last weak that if the Monthly Salaries of  State Employees increased by minimum of  Rs.100 it may have resulted the cutting down of mega development projects launched by the government.Government also expected to introduced a simple Tax System from this Budget.

New Cabinet To Take Oaths Tomorrow

A Cabinet Re-shuffle is to take place tomorrow(22).According to the President's Media Unit the new Cabinet is scheduled to take oaths before the President Mahinda Rajapaksha tomorrow morning at 10 A.M at the Presidential Secretariat in Colombo.

Under the   Cabinet  Re Shuffle several Ministerial Portfolios are expected to shift and the roles of the Ministries too changed according to the President's Media.Also several Deputy Ministers are scheduled to  be appointed as Ministers.

Minor Depression Caused Heavy Showers In Most Parts Of The Country

Due to the minor depression developed  in air ,Most parts of the country including Colombo experienced heavy showers with wind both yesterday and today the Department of Meteorology has announced today.During last 24 hours the highest rainfall of 90.8 mm was reported from Gampaha District in the Western Province and Katunayaka has recorded 64.4 mm ,Colombo -52.4mm and from Rathmalana 31.4mm of rain has been reported.

General Fonseka Was Released From The Prison Hospital

Imprisoned Former Army Commander and the leader of the Democratic National Alliance General Sarath Fonseka was discharged from the Prison Hospital in Welikada,Colombo this eve and was taken back to his prison cell according to the Prison Hospital Sources.According to the sources the respiratory problem he had when admitted to the Prison Hospital last Tuesday has  improved .

Government To Print A Code For National Anthem

The Government is planning to print and publish a code for the use of National Anthem which will give pride and respect to the National Anthem.

Cabinet Approval has already granted for this purpose and the Ministry of Public Administration and Home Affairs is planning to print this code with all three languages.

Treasury Amended The Vehicle Imports Circular For MP'S

The Government Treasury has amended the Vehicle Imports Circular which enable more Parliamentarians to Import vehicles for their private use with 18 percent Duty Concession.According to the new amendment MP's can purchase Vehicles up to US Dollars 50,000 from an International Market with the duty concession and Bank of Ceylon will provides Rs.5,000,000 bank loan for each of them.

Before the amendment only 69 MP's got the Duty Concession Vehicle Permits to import Vehicles from an International Market.