The Govt. recently employed 50,000 graduates who were temporarily languishing in DS divisions at Rs10Kpm and have decided they will obtain permanent status at Rs23Kpm in addition to the various other benefits accruing to state sector employees. Is this a good example to Society?
Of course if I was a graduate who was unemployed (more likely to be unable to find a job, in this labor market of high vacancies, as those with skills would already have been employed) I would be grateful to the Govt. for giving me a Rs23Kmp wage and the benefits accruing to state sector workers. I may even vote for them, as I know I will probably never be able to command that income in any other way!
What does this all tell you? I refer to the link: http://www.lbo.lk/fullstory.php?nid=1460329397
I refer to the following statement in this article above and I do not know if it refers to the writer or Minister Wimal Weerawansa saying that:
“Ten of thousands of Sri Lanka's graduates, educated at tax-payer expense, agitate to become tax spending state workers after passing out.”
If ever there was an indictment as to the mentality of our graduates, this is it! It is important that this mindset is extinguished from people’s memory. That is why we cannot hope to have a competitive economy if this is a desire of graduates over other employment, and notably of better paying jobs, as our graduates come out of University with a huge conservative culture of the need for job security over everything else. This does not create risk takers, and therefore slows the growth of the economy and in this sense, actually stunts its growth, with many of these hired graduates contributing to the breaks put on by bureaucracy to slow the growth.
Personally I believe adding to an already bloated bureaucracy was a grave mistake, and will only harm this economy when the Govt. does not have the funds to pay its daily dues. It is best to look at this additional Rs14B per annum expense as a further burden to the economy. It is time to cut the fat in the public service, reduce its annual cost, and thereby permit the Govt. to pay the bills, and pay down the loans instead of increasing their payroll commitments.
The thinking of the nation’s leaders is short term and related to electoral gains, and not towards improving the productivity and efficiency of the economy.