Labour Of Love

From left: Dr. Fernando Im, Senior Country Economist for Sri Lanka and the Maldives, The World Bank, Hon. Eran Wickramaratne, State Minister, Ministry of Finance and Mass Media, Dr. W A Wijewardana, Former Deputy Governor of the Central Bank of Sri Lanka, Prof. Indralal de Silva, Former (Chair) of Demography, University of Colombo, Prof. Amala de Silva, Department of Economics, University of Colombo at the panel discussion on "Demographic Change in Sri Lanka" moderated by Dr. Ramani Gunatilaka, International Centre for Ethnic Studies.

Ten years of trying and the biggest bargaining tool in the local economy saw the light of day at the Labour Ministry on Wednesday bearing the harmless title lquote The Labour Code of Sri Lanka.
The Labour Code of Sri Lanka brings together 26 of the most important labour legislation in Sri Lanka that directly influence the workings of the local economy through the countrys seven million working population.rn

rnSri Lanka has no shortage of labour regulations stemming from 40 sets of legislation since their first formulation in the mid 19-century. rn

rnThe problem is that some of these laws are over 50 years old and are, by now, a tangled web of amendments that contribute towards confusion rather than clarity when it comes to industrial labour negotiations.rn

rnThe country was also minus an official compilation of labour laws in their most up dated format endash a necessity in the settlement of increasing labour disputes and also as a negotiating tool between employers and employees.rn