Sri Lanka planned land rights legislation queried

Standing left to right – Mr. Dinesh Jebamani (Chief Manager Liability Product Management and New Age Media – Seylan Bank), Mr.Sudesh Peiris (Senior Manager – Digital Banking Channels – Seylan Bank), Ms. S.Senevirathne (Representative of the Revenue Department – Western Province), Mr. Tilan Wijeyesekera (Deputy General Manager – Retail Banking – Seylan Bank) and Mr. Malik Wickremanayaka (Deputy General Manager – Operations – Seylan Bank)

Mar 19, 2013 (LBO) – A law to apparently improve people’s absolute property rights while another declared policy is aimed at taking away existing liberties has raised queries whether the moves are intended to benefit interest persons, a legislator has said. Under feudal rule, land was mostly owned by the king. Citizens held and used land under a variety or tenures and land grants. Title usually changed by war.

In Sri Lanka, widespread private property ownership developed progressively under colonial rule, especially after the end of Wedawassam (service tenure).

In Western Europe, private property led to widespread prosperity of ordinary people supporting trends such as industrialization, which ultimately ended mass-poverty.

During the Meiji restoration, Japan created private land rights almost overnight, as part of the strategy to industrialize the nation.

In Eastern Europe however under Marxian ideology, land was again made a state property, through expropriation, re-creating conditions of serfdom and subjugating citizens to the state instead of a king.

Eastern Europe started to lag behind Western Europe, though during feudal rule, before legislating national assemblies started to restrict people’s liberties, there was n