Vijitha Herath slams meagre budget allocation for fisheries

Tuesday, 12 December 2023 01:45 - - {{hitsCtrl.values.hits}}

NPP MP Vijitha Herath

Stresses SL could bring in revenue and even foreign exchange through development of fisheries industry
Claims Govt. has allocated a mere Rs. 5 per fisherman while allocating Rs. 110 million for maintenance of Ex-Presidents
Says fault lies not with Minister but with Govt’s flawed policies

National People’s Party (NPP) MP Vijitha Herath criticised the Government yesterday expressing dissatisfaction with the allocation of a mere Rs. 5 per fisherman in the 2024 Budget.

Speaking in Parliament, the MP highlighted that Sri Lanka possesses a bountiful ocean area of 517,000 km², suggesting that the country has the potential to generate substantial revenue through fisheries. “It could even bring in significant foreign exchange,” he noted.

However, the MP expressed regret that the fisheries industry is deteriorating continuously. “An industry that once contributed 2.5% to the GDP has now fallen to 1%. The cause, Herath alleged, is the incorrect policies of the current Government.

“Even this Budget will adversely affect their livelihoods. To foster industry development, essential support and incentives must be provided. However, with the current Budget allocation divided among the number of fishers in the country, it is clear that only Rs. 5 has been allocated per fisherman,” he emphasised.

“It’s regrettable to observe that, at the same time, the Government has allocated a substantial Rs. 110 million for the upkeep of former Presidents who have been accused of contributing to the country’s bankruptcy, as confirmed by a court decision,” Herath added.

The MP deemed this unjust and raised concerns about how the industry can be revived under these circumstances. “Not even a rupee has been allocated for 2024 to develop fisheries-related infrastructure,” he noted. Herath emphasised that the failure is not attributed to the subject Minister but is instead a consequence of the Government’s flawed policies.

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