WHEN COUNTRY IS DEVELOPED, PRICES OF GOODS GO UP: DILAN PERERA
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October 10, 2010: “When the country is being developed, prices of goods increase,” says Dilan Perera, Deputy Minister of Public Administration.
Expressing his views addressing a convention of the Gampaha District Grama Niladhari Officers held at the Negombo Urban Council auditorium yesterday, he said that increasing salaries and reducing price of goods could not be done simultaneously.
“These days we often hear many saying that the prices of goods have increased. When the country is being developed, prices of goods increase. Why is that? What happens when salaries go up? Production costs also increase.
“When the cost of manufactured goods increase, the prices automatically go up. I don't understand the wording in some posters. They have requested for salary increments while also requesting for the prices of goods to be reduced.
According to the economics I know, this cannot be done simultaneously. However, what should be done is not to decrease the prices of goods, but to increase earnings,” said Dilan Perera.
Minister of Economic Development, Basil Rajapaksa, addressing the meeting said that during the recent past, the president had not engaged in the so-called power devolution but had given power to the rural masses.
“We are aware that President Mahinda Rajapaksa, through the Mahinda Chinthanaya, is attempting to uplift the standard of the individual and thereby develop their respective families.
“Through this, he hopes to uplift the village and then develop the country. Accordingly, he intends to win over the entire world.
“The President did not engage in the so-called devolution power as deemed by some but gave power to the rural masses. That is what he did in the recent past,” said Basil.