Thursday December 13, 2018
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Sri Lanka to give tax money to thousands of unemployable graduates

May 31, 2018 14:01 PM GMT+0530 | 13 Comment(s)

ECONOMYNEXT - Sri Lanka's unemployed graduates who are not disabled but are not contributing to the nation in gainful employment will get a 20,000 rupee monthly allowance from the state starting from July 2018.

The government will recruit 5,000 graduate who apparently cannot find a gainful job and pay them 20,000 rupees a month from July.

They will be recruited for 'training', the government said.

Another 15,000 will be recruited in September 2018 and will be paid 20,000 a month. More will be taken in 2019.

The cabinet of ministers had approved the proposal by Prime Minister Ranil Wickremesinghe to give the money to unemployed graduates.

Wickremesinghe came under fire in 2004 by the Janatha Vimukthi Peramuna for not giving jobs to unemployed graduates.
 
The graduates will be take home 4.8 billion rupees of taxes paid by the people each year.

Ironically the graduates who cannot find a job in productive sectors will be called a 'development officer.

The proposal to give money to unemployed graduates, comes shortly after the administration raised PAYE tax on hardworking employed people. (Colombo/May31/2018)
 


 

13 Comments

  1. Mua June 02, 11:14 AM

    Why don't the government just provide these guys with some training session to improving their interview skills and English. Which hopefully help these guys get jobs. Instead of wasting tax payers money.

  2. RajiveDeSilva June 01, 10:04 AM

    This is ridiculous. If they can't start their own businesses, then why did we bother admitting them? The state is just trying to add a new class of bribed voters to go with the 1 million public servants we're already stuck with.

  3. Tony June 01, 07:21 AM

    Wouldn't it make more sense to give firms a 20k a month incentive to hire graduates? At least they will do some work and they may gain some much needed skills

  4. Random June 01, 02:12 AM

    Tax money will be wasted on employees who don't have any work to do and graduate youth will waste their precious time doing nothing (20000 per month, really?). Rather than this stupid waste of resources can we just give them 2 years or even 4 years salary (250,000 - 500,000) upfront and ask them start a business or do some thing of their own? Its beneficial to both tax payers and graduates.

  5. Charith June 01, 11:30 AM

    The number one reason for unemployment in Sri Lanka is Wating for a Govt Job. And the jobless who wait for the government job just want that job handed to them without going through an interview process. The incompetency in this group is so high that they don't even want to try applying for private sector jobs while there are so many openings. This new approach will only motivate the next generation of I-need-a-govt-job to be nothing but jobless. This short term political gain will destroy this country and encourage those who actually earn their living by actually doing something to leave this country.

  6. Rajive de Silva June 01, 08:19 AM

    This is an excellent move by the government. These unemployed graduates, although they are unemployed, are the cream of intelligentsia in this country. They should be given opportunities to contribute to the country's economy by all of us. If the private sector is not willing to do it then the government should do it. I fully support the government on this venture. Sri Lanka's private sector is run by old boy clubs and they do not give opportunities to Sri Lankan graduates and this is one of the main reasons why our local businesses cannot compete on the world stage.

  7. ANTHONYPILLAI June 01, 07:05 AM

    Those who graduate from private universities never ever demand government job. But these donkeys are the more fierce opponents of private universities.

  8. Abey June 01, 05:17 AM

    Sri Lanka is a 'Whats in tit for me society'. Graduates gets free education and is allowed to strike at the expense of the nation and then they have to be provided with Govt jobs too.

    And now a 20k p.mth. Small companies shy away from hiring Graduates because they start looking for jobs from the day started the job and and also want to be manager from month 6.

    What about the less able who cannot go to Uni.They even have to pay to get trained as masons, mechanics etc. What do you give them. They are the needy.

  9. ANTHOYPILLAI May 31, 11:37 AM

    Those who aren't graduated in state universities find job on their own and pay tax but not these worthless donkeys. And these donkeys call them graduates. What a shame?

  10. InconvenietTruth May 31, 11:03 AM

    This is absolutely bonkers, giving free money to able bodied youth, when there is a labour shortage. Where is the money coming from, back to printing peacocks? The tax money was supposed to be for development not for a dole.

  11. Lal Silva May 31, 10:32 AM

    We gave free rice to everyone 50 years ago. At that time they said only country that distributed treasury money. Here we do it again. We will not learn. This is not even a county, so small it is like a state of a country. We are the poorest in the world. We will not survive.

  12. Nana May 31, 10:04 AM

    This is totally wrong example. Who do not want to go for Private sector and work hard or without proper qualities are given Govt Jobs. The worst decision. They could be hired to private sector and kept as only Contract employees till they get a position at those private places. Even the Salary should be called unemployed Allowance and should be lower something like 10000. Sri Lanka never going to be a decent place with these policies. Bet on me..

  13. Chamode May 31, 03:32 AM

    What a shame. Public pay for their school, then pay for their University now the public has to pay them a salary too.

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