Rural producers praise CB's Isuru scheme

By Ishani Ranasinghe
Most rural producers who converged in Colombo last week to display their talents and sell their products agree that various projects launched by the Central Bank has helped to raise the living standards of rural people.

Rural producer G.V. Lalith said projects under the bank's Regional Development Department were beneficial to them. "The scheme gives poverty stricken people the opportunity to come forward with their products. It also helps us with loans at low interest," he said.

Dozens of rural producers met at the rural fair organized by the Central Bank for those who come under the "Isuru Credit Scheme" operated by the department. The Isuru Credit Scheme or the Small Farmers and Landless Credit Project is carried out in the districts of Kandy, Puttalam, Galle and Matara.

The Vihara Maha Devi Park, where the fair was held, had a range of stalls selling vegetables, curd, antiques or clothes but unfortunately the fair did not attract many buyers or had few sales despite it being organized on an annual basis.

Lalith and his colleagues Titus Chaminda and S.M.D Padmasiri were representing the Small Farmers and Landless Credit Project group in Suduwella.

Sellers of antiques, paintings and a few sweetmeats, they are also exporters of antiques. "There isn't much of a business here," said Titus whose paintings done in the stall showed signs of true talent. His paintings captured the moods the true essence of the subjects. They were appreciative of the Isuru Scheme saying it helped to develop them.

Hand-woven lace has always been in demand in Sri Lanka mainly by the foreigners. Clothes that are sewn with this are undoubtedly eye catching and charming in its own way. S.K. Nandani has started a small-scale business of hand-woven lace (biralu) with her sister. "We buy the material from Pettah, and after that we design various clothes using the laces to make it more beautiful," she said. The small-scale business she does gets support from the Isuru Loan Scheme helping the business to blossom and reach its full potential. "It didn't really sell that well today because this lace is more attractive to foreigners," she remarked. Her stall had a wide range of table mats, dresses, blouses and other garments. "Our products are also given to Laksala and there is big demand from their customers," she said.

Representing wood carving producers, Jagath Rohana also expressed the view of other stall owners that the fair didn't provide them with much custom. "No one really knows about this fair," said Rohana, adding that his products mainly attracted foreigners. All the carvings are done at his workshop at home with most of the products sold in tourist sites like Aluthgama and Hikkaduwa.

However, for D.A. Nirmali Priyadharshini, a plant seller from Lihiriyagama, business was brisk at the fair. "Today has been a very successful day for me," she said looking pleased with the number of plants that had been sold.

N.B. Dulrukshi from Kandy is a producer of wallets, bags, little trinket boxes, wall hangings with intricate designs made out of reed (hana). This has been a family business for generations and her family had exported the products to other countries.

The bank's Isuru Scheme was praised by rural producers who said it provided them with much-needed, low-interest capital, organised district fairs, and gave them exposure.


Training for women on binding and finishing

INGRIN Sri Lanka has introduced a training programme in Binding and Finishing for women who wish to take up a career in this field in the printing sector. The tertiary education and training institute said in a statement that there was an increasing demand for female employment in this sector. It said in a statement that there was employment potential in this sector for females not only in Sri Lanka but also in the Middle East and Europe. The training programme would be conducted in Sinhala for a period of three months. More details could be obtained from the INGRIN Institute of Printing and Graphics at 290, D.R. Wijewardene Mawatha, Colombo 10.


Watawala tea factories win 5S awards

Four tea factories of Watawala Plantations, manufacturer of Zesta, won awards at the recently held 7th Taiki Akimoto 5S Awards Ceremony organised by the Japan Sri Lanka Technical and Cultural Association (JASTECA). The Taiki Akimoto 5S Awards recognize the unique and innovative ideas and achievements made by government institutions and private sector organisations in the Japanese 5S concept.

Among the Watawala group, Abbotsleigh Estate, Hatton won the runner-up award for Best 5S implementation in the plantation industry while Kenilworth Estate, Ginigathhena and Dickoya Estate won a merit award each. Waltrim Estate, Lindula, won a commendation award. Vish Govindasamy, Chief Executive Officer of Watawala Plantations said these awards reflect the high standards of quality maintained by these factories and are an incentive for other tea factories to strive for higher standards.


Sri Lanka close to clinching TIFA deal with US

Sri Lanka chances of finalising a free trade agreement with USA was re-confirmed at the second joint council meeting of the US-Sri Lanka Trade and Investment Framework Agreement (TIFA) concluded recently in Washington.

Commerce and Consumer Affairs Minister Ravi Karunanayake said the US delegation led by Ambassador Jon Huntsman was satisfied with Sri Lanka's progress on various aspects, including economic policymaking implementation and governance. The Minister, according to a Ministry statement, said that from the success of the two joint council meetings, the next step is finalising the Free Trade Agreement, which hopefully will be achieved after the third joint council meeting. Sri Lanka is one of the 11 countries selected by the USA for the TIFA scheme which was signed in Washington last July during Prime Minister Ranil Wickremesinghe's visit. Other members of the Sri Lankan delegation were Minister of Enterprise Development, Industrial Policy and Investment Promotion and Constitutional Affairs, Prof. G.L. Pieris and his Secretary Ranjith Fernando, Commerce and Consumer Affairs Ministry Secretary, Harsha Wickramasinghe and Sri Lanka Trade Representative in the US, Saman Udagedara.


Tritel revises Universal Card tariffs

Tritel Services (Pvt) Ltd, the largest payphone network operator in the country, has announced the revision of tariffs for its 'Universal Card', provided exclusively to HSBC credit cardholders.

"With the liberalization of the international sector the cost of making an international call (IDD) has been substantially reduced.

In keeping with our promise, to give value for money, we will pass on this cost saving to our customers with lower call rates starting at Rs. 25 per minute," Chief Executive Officer of Tritel Robert Schuster said in a statement.

Tritel supplied the 'Universal Card' to HSBC's 110,000-strong credit card base in Sri Lanka.

It is activated and recharged through the owner's HSBC credit card, for the amount the cardholder desires.


Back to Top  Back to Business  

Copyright © 2001 Wijeya Newspapers Ltd. All rights reserved.
Webmaster