The Employers' Federation of Ceylon

CONCLUSION PDF Print E-mail
Wednesday, 18 February 2009 00:00

CONCLUSION

 

Our current labour laws, therefore, are essentially what existed prior to 1977 when our industry was heavily protected through stringent import substitution methods. The free market economy introduced after 1977 necessarily requires a national economy driven by massive private sector investment. It is, therefore, paradoxical for our laws to remain in the statute books and for us to expect investment and employment generation.

We fully endorse the policy directives set out in the labour policy enshrined in the Ten Year Horizon Development Framework (Mahinda Chintana) which clearly identifies flexible labour laws and productivity enhancement as key factors for development. We are happy that the portfolio of the current Labour Minister also contains an additional element, namely, productivity promotion, which further fortifies the intention of the government. Therefore, it is now important that these policy statements translate into our labour relations framework so that Sri Lanka could fully exploit the opportunities available to attract good investors to our country. We cannot be inhibited by a very regulated labour relations framework.

This submission is not exhaustive. What is discussed herein are the main significant issues and the legislation which needs immediate revision.

We are confident that you will give due regard to our submissions set out above and facilitate the required reforms, which can be initiated through a policy statement in the National Budget proposals for 2010/2011.  

R L P Peiris

Director General

Employers’ Federation Ceylon

 

 

 

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Last Updated on Monday, 18 October 2010 14:51
 

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