The effective GDP contributions for foreign employment- Sri Lanka

Sustaining Sri Lanka’s economic growth should be the main focus of any government to achieve its plans and vision, whether it is targeting $50 billion exports per annum or generating one million jobs. A whole host of prerequisites need to be met to sustain economic growth. Apart from political and social stability, a number of other factors like increasing savings and investment, reducing public debt, achieving low levels of inflation, increasing foreign exchange reserves, maintaining a stable exchange rate, among others are required for this purpose.

Delivering Competencies to SMEs holders gained through AAF Program – 2015 in Monash

The National Human Resources Development Council (NHRDC) of Sri Lanka, under the Ministry of National Policies and Economic Affairs, has targeted empowering Small and Medium Industries’ holders through conducting training programs in selected districts. Soon after I participated at the Entrepreneurship Development Program which held on 12^th September – 19^th October 2015 in Monash University in Australia, the empowerment of small and medium entrepreneur development programme has developed by me and targeted SMEs in the villages. I hope after improved my skills in SMEs development, I am applying to implement with using Public and Private Partnership method to do it continually.

These training programs were held five districts and targeted another two districts with the objective of enhancing of skills of SME entrepreneurs in Administration, Financial Management, Market Identification, Managerial Issues and Strategies and Policy Framework (Tax, Audit, and Registration). 

Increasing food production through promoting SME in Sri Lanka

The SME sector in Sri Lanka is considered as the backbone of the economy with their significant characteristics on employment generation, GDP growth, improving innovation capability and stimulating of other economic activities in Sri Lanka. In the country, more than 80% of businesses run by SME’s which are mainly in foods processing, manufacturing and construction field. In addition, they are supplying about 35 percent of employment and about 20 percent of total industrial value addition (Galagoda, 2008).