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DateLine Monday, 17 December 2007

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Rural employment to rise


Of the urban sample, 85 per cent of the firms have fewer than four employees. The comparable figure for rural firms is 95 per cent. Only 100 per cent of the urban firms and 5 per cent of the rural firms have 5 t0 9 employees. Very few firms have more than 10 employees. (5 percent) in the urban areas and (1 percent) in rural areas. Most of the companies that have high employees are in the apparel sector. The government has identified this gray area and the solution to overcome this and provide more employment opportunities were spelled in the last budget. Under Nipayum Sri Lanka 300 Enterprise Programme government provide numerous benefits for investors to bridge this gap. These statistics reflected in the survey conducted for the Economic governance Index 2007.

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