Govt. on wonderful spending: NTUC

1 March 2012 09:18 am Views - 4665

Trade unions today charged that the government invested an exorbitant amount of  funds on wasteful ventures that did not generate any income but failed to provide fuel at a lowers cost to boost the country’s production which could uplift the peoples lives.

National Trade Union Center (NTUC) Chief K.D Lal Kantha said that the Mahinda Rajapaksa Cricket Stadium, the Norochcholia power plant, the Hambantota port, the Deyata Kirula exhibition the beautification of Colombo and other projects that did not generate any income despite the heavy expenditure spent on them.

“These projects are all ambitious ones that look wonderful to the eye. But what good does it do to our country if they do not generate an income after spending millions on them. Ultimately it is the people who have to pay for them and they cannot do so because their wages are so low,” Lal Kantha said. (Olindhi Jayasundere)