Sri Lanka's petroleum utility to make 10-pct of jobs hereditary
Aug 30, 2018 11:27 AM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Ten percent of vacancies in Sri Lanka's state-run Ceylon Petroleum Corporation will be made hereditary, Petroleum Minister Arjuna Ranatunga has said.
Children of parents working at the CPC will get 10 percent of the vacancies in the future, Ranatunga was quoted as saying in a statement.
He was speaking at a ceremony to grant a 60,000 rupee a year stipend to children of CPC workers who had entered university. The stipend scheme had been started in 1982.
All Sri Lankans get their education at the expense of taxpayers but not many repay the debt to society, he had said.
He urged workers to run the CPC efficiently and avoid possible privatization. Ranatunga said privatization is the solution advocated to cut costs by some sections of society.
Usually jobs at state enterprises, (SOEs) are given to political supporters of the minister in charge.
Due to being already overstaffed the many such jobs in state agencies are sinecures in the style of feudal benefits handed out as patronage, by kings and Lords.
Sri Lanka broke a Public Service Commission when a Republic Constitution was adopted, ending the British era permanent secretaries, and a merit-based public service.
The main beneficiaries of sinecures in Sri Lanka are unemployable graduates, who protest in front of the main railway station to force politicians to give tax-payer financed jobs and expand the already bloated public sector.
SOE workers however get a contributed provident fund.
In 2017 the state railways earned revenues of 6.4 billion rupees and lost 7.6 billion rupees. (Colombo/Aug30/2018)