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ECONOMIC PROGRESS COULD BE SEEN FROM ONE-RUPEE COINS: RAVI K.

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rs1December 11, 2010: “An era has dawned where the country's economy at present is in the doldrums,” said Ravi Karunanayake of the United National Party during the committee stages of the budget yesterday. “Let me illustrate my point. I present to you two one-rupee coins.

The one rupee coin issued in 1988 is very much bigger than the coin issued in 2010. The size of the new one-rupee coin has been reduced by about 50 per cent. It amply illustrates the decrease in the average person's income by about 60 to 70 per cent in this country under this government,” said Ravi K. Responding, Senior Minister Dr. Sarath Amunugama said that there had been quite a number of problems those days. “Inflation had gone up.

EPF, ETF benefits were much below that. These are all stories of the past. When we analyze the speeches of the United National Party, they could be observed only as a mash of past and present issues based on confused perceptions,” said Dr. Amunugama. Anura Kumara Dissanayake of the Democratic National Alliance (DNA) said that the cabinet had approved Rs. 55 billion to construct 52 overhead bridges and asked whether the country's priority is the construction of those 52 overhead bridges.

“In fact they are certainly not overhead bridges, for, I saw a board in Dehiwela prohibiting heavy vehicles, buses and lorries to use the overhead bridge. “In our view they are not overhead bridges, but 'sangili paalam' (hanging bridges). Have we selected the places to build these bridges? One was due to be constructed in Panadura. Then the engineers said that it could not be built there as there was a curve in that location.

Now the overhead bridge minister is at sea with regard to the overhead bridges because we have taken a loan of Rs. 55 billion. We have got some materials for iron bridges. “What are your priorities,” asked Anura Kumara