Creditable credit scheme
As we mentioned
the other day in these columns hardly a day passes without some
plan or other being drawn up by the Government to resuscitate
the battered North. This is as it should be since no vacuum
should be left, lest this allows frustration to set in among the
people particularly the youth. However, the most important among
these initiatives are the steps taken by the Government to
rebuild the Northern economy and by extension the livelihoods of
the people of the North.
For, even if the IDPs are resettled in their own habitats
there has to be a sound economy to sustain them. Hence the
priority attached by the Government to rebuild the once sturdy
Northern economy is a move in the right direction. But a
herculean task awaits the Government in this respect. For it
will have to start from scratch given the devastation wrought by
three decades of war. Today the economy of the North is in
shambles. Yet even amidst this gloom there were glimpses of the
legendary enterprise and drive of the Northerner.
It is revealed that even under the conflict situation the
Northern Province produced 10 percent of the total paddy
production of the country, red onions - 40 percent and chillies
- 10 percent. One can only assume the benefits that would have
accrued to the country's food production drive as a whole if the
North was allowed to realize its full potential. But there are
also other areas with vast potential that needs to be revived
such as small and medium scale industries, tourism and the
service sector in the North that is all but dead.
This no doubt requires a huge commitment on the part of the
authorities not to mention the heavy infusion of capital
required. Hence the significance of the Special Credit Scheme
launched by President Mahinda Rajapaksa to develop the North.
According to this scheme titled 'Awakening North' designed
for the development of the Northern Province, the Central Bank
will step into offer loans to enterprises willing to revive
economic activity in the agriculture, livestock development,
fisheries, micro and small enterprises which in turn would boost
livelihood development of the people in the North. According to
a recent news story Rs. 3,000 million has been earmarked for
disbursement at concessionary terms among eligible Micro, Small
and Medium Scale enterprises through designated financial
institutions. The new loan scheme primarily envisages meeting
the investment needs of the people to restart their livelihood
activities.
Of course the quantum would seem minuscule given the
dimensions of the economic devastation and rebuilding and
reconstruction that is to be undertaken. But a start has to be
made and made without delay. The loan is meant to stimulate
income-generating activities encompassing the vast development
potential of the North. With the Banking sector too set to fan
out into the North one could assume that sufficient financial
resources would be pumped into rejuvenate the economy bringing
the real fruits of the Northern Spring to its people.
Rehabilitating offenders
It is reported
that 1.5 percent of Sri Lanka's population are in jail for some
offence or other. Among these are 260 persons on death row. A
sizeable number of them are behind bars for drug related
offences. But it is also true that a bulk of those incarcerated
are there due to their inability to pay fines or furnish bail.
Prison reform has been a topic often debated but little headway
has been made over the years from the statistics shown. True, we
have many rehabilitation vocational training programs for
prisoners. But records show a steep increase in the number of
reconvicts, a clear indication that prisoner reform programs are
not a total success.
Therefore steps should be taken to make our prisoners more
acceptable to society by removing the stigma attached to being
held behind bars. Of course hardcore criminals should be dealt
with severely with no leniency shown if the Government hopes to
tackle the galloping crime rate. The current four percent
prosecution rate too is a far from satisfactory record that
needs to be reversed. But measures should also be taken to
ensure that minor offenders are separated from the hardcore
elements in prisons. Today most of these minor offenders come
out as hardened men who indulge in serious crime. This, while
being a threat to society also exposes the flawed prison system.
Ways should be explored to minimise this cycle of minor
offenders going back to prison, with the help of experts and
even religious leaders. This would reduce the present prison
overcrowding while helping create a crime-free society. |