Some of the Key Proposals Suggested Through the 2016 Budget

Some of the Key Proposals suggested through the 2016 Budget are as follows.


*Government will open Bank Savings Accounts for all School Going Children numbering 4.5 million  from Next year with a sum of Rs.250 per account to create Money Saving Culture among School Children

* Private sector has been encouraged to offer Rs.2500 salary increase given to government employees for their employees too

*Rs.30,000 Million has been suggested to be allocated to uplift 1300 abandoned schools in the country

*Suggested a minimum wage of 300 US Dollars for  Employees going Abroad

*A new law system will be introduced to strengthen Pension Fund

*A new Pension Scheme for new workers joining government sector on 2016

*Import Tax imposed on all imported Books and Magazines will be withdrawn

*Suggested to increase the number of Police Stations of the country from 428 to 600 stations

*Three New Cancer Hospitals to be situated in Nallur,Kandy and Matale Districts

*A  special hospital with Kidney Treatment  facilities to be built in Minneriya Area (North Central  Province ) and Government will built 1000 Dialysis Centers in view of benefiting the patients with Chonic Kidney Disease that spreading most parts of the country at present.

A New university call "Mahapaola Univeristy to be set up 

For the Education Sector a sum of Rs.90,000 million has been suggested to be allocated and the money allocated for University Education is to be increased by 30%.

More Concessions Offered For Consumers Through 2016 Budget Proposals

More Concessions offered to Consumers through the 2016 Annual Budget Proposals Are as follows.

Accordingly prices of 10 Essential Goods have been suggested to be decreased.They are -

* Price of Infant Formula Milk Powder has been reduced by Rs.100

* Price of a 12.5 KG Gas Cylinder has been reduced by Rs.150

*Price of a Kerosene Oil has been reduced by Rs.10 per liter

*Maximum Retail Price set for  Dhal is  Rs.169 per Kilo

*Maximum Retail Price set for Chickpea is Rs.169 per Kilo

*Maximum Retail Price set for Dried Fish Katta is Rs.1100 per Kilo

*Maximum Retail Price set for Dried Fish Salaya is Rs.425 per Kilo

*Maximum Retail Price set for Sprats is Rs.410 per Kilo

*Special Tax imposed on Imported Potatoes and Big Anions has been reduced by 25%

Concessions For Consumers ,Small/Medium Entrepreneurs And Fishermen From 2016 Budget Proposals

*A Certified Price is set for a Killo Of Rice as Rs.65  (Keeri Samba-Rs.50, Samba-Rs.41,Nadu-Rs.38)

*The Price Of 400 Grammes Pack of Locally Manufactured Milk Powder reduced by Rs.30(From Rs.325 to Rs.295)
consession
*Two Year tax relief for Rubber Industry

*Rs.One Million Insurance Scheme for local fishermen 

*Ra.750 Million allocated for upgrading fisheries harbors

*Fifty Licenses to be issued to Gold Importers to import Gold sans import duty(no one will allow to import Gold without such license)

*The income tax of Micro,Small and Medium Entrepreneurs to be reduced by 50% for first five years with effect from 01st Of April 2016

Says Finance Minister Ravi Karuananayake by presenting the 2016 Annual Budget Proposals to the Parliament short while ago.

SINHALA QUOTE FROM THE WEB

THOUGHT OF THE DAY

Administrative Activities Of The Health Ministry Are Being Collapsed Due To The Foreign Tour Mania Of Higher Ministry Officials

The Administrative Activities of the Ministry Of Health ,Nutrition And Indigenous Medicine are being collapsed  at the moment  due to the absence of higher Ministry Officials who are travelling abroad frequently according to Ministry Sources.

Most of these higher officials attach to the Health Ministry are going abroad as small groups and due to this activities of most sections in the ministry have been paralyzed the sources have said."Some Higher Officers are been in abroad most of the time this year more than staying in Sri Lanka " one of the senior officers attach to the Ministry has said.

A female Deputy Director General Of Health Services who has been appointed to the planning section six months ago has went abroad 13 times this year up to now the officer has stressed.

Due to the foreign tour  mania of these Health Ministry Higher Officials sometimes its hard to find  a single officer to solve problems of the public during Public Day held on every Wednesday .

At present two Deputy Director General of Health Services and Director General Of Health Services are touring abroad.

A FAMOUS UNTITLED ABSTRACT ART WORK OF YESTERYEAR RUSSIAN ARTIST WASSILY KANDINSKY(1866-1944)

THIS COLORFUL ABSTRACT ART WORK WAS PAINTED BY RUSSIAN INFLUENTIAL ARTIST WASSILY KANDINSKY.