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Reply for Parliamentary Question No.0589/10

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(a)    I    The government is fully opposed to privatisation of profit-making state
institutions. The government is committed to maintaining such profit-making institutions with proper management and without sustenance of any losses.  However, the government is always ready to take every possible action to involve the private sector in the social and economic development of the country in an equitable distribution of the dividends of open economy.  The government is also principally obliged to provide goods and services on concessionary terms to the public by competing in the market with the private sector.

In this context, special attention is made to Public-Private Partnerships between the government and private sector.

II    Yes.

It does not show in Books of Accounts in the Country in monetary terms. It is hidden and real value which reflects in level of Economic Growth and Quality of Human Resources in a country and when compared with same achievements in other countries. This value does not show in country’s Financial Statements.

III    The intangible assets of the country

1.    Power of Innovation (Renewal, Development and Innovation).
2.    Power of Exchange of Knowledge (Ability, willingness and capacity to share knowledge) nationally and globally.
3.    Power of Human Capital (Education, High Investment in Training and Life-long Learning, labour relations and corporate culture based on long term profitability, entrepreneurship, level of contribution to the global economy, individual brainpower combined with structural capital will generate future growth.).
4.    Information Technologies.
5.    Investment in Intellectual Capital (Patents etc).
6.    Any other non-monetary and invisible assets which contribute towards country’s growth and employment.

(b)    (i)    Ministry of Media and Information has the authority to issue licenses to radio
channels, TV channels and Satellite Broadcasting services.  Telecommunications Regulatory Commission is allocating frequency spectrum for them.

Telecommunications Regulatory Commission of Sri Lanka has the power to issue licenses for Cellular Mobile Operators, Broadband operators and Direct to home (DTH), fixed wireline, fixed wireless, etc.

(ii) All licenses issued under aforesaid  categories for the last 6 years.

Radio Channels                        14

TV Channels                            12

Fixed Wireless                        01

Cellular Mobile                        01

Broadband, Data Communication & Internet Services    02

Satellite Broadcasting Operator                03

Cable TV Distribution                        03

(iii)    License fee                        803 SLRs. Million

(c)    (i)   Yes.
(ii)    Not accepted.

(d)    Licenses are issued according to the Guidelines and Procedures for issuing licenses published in extraordinary Gazette No.1435/20 dated 10th March 2006.