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Showing posts with the label GDP

Pada Yathra & You Do the Maths

Pada Yathra (the protest march) and the costs associated with it. Social media are reporting different numbers and some are obviously exaggerated. Assuming that 100,000 people have attended the march, here are the costs and you do the math later. If every person’s Man-hour worth is LKR 100 per hour, they have spent nearly six hours daily and for almost a good week walking. I leave it to you to do the math and that was what the country lost in terms of GDP. The creation of traffic jams led to vehicles burning more gas than usual. The public who commuted on those have lost valuable time as well. We again lost in terms of GDP and our Forex will be strained because we need to import more gas from aboard. The members of OPEC are the beneficiary. Vehicles will have excessive wear and tear and we are a country that does not produce any car parts. Again the hard earned currency will flow away to another country, thanks to this stupid march. The only local product that was...

What are we really Celebrating now ?

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What are we celebrating? Can someone tell me, please? Per Capita income is less than the US $ 2000 Not even 3% of the GDP is invested in Neither Education nor health. Spend more than SLR 100 Million a day Just to glorify one person only Corruption is endemic And we are at the bottom end of the list With Sudan and Afghanistan etc. Winning T20 is not worth celebrating I will join the crowds on the streets Only when we beat Sweden and Singapore In the list of least corrupt nations or Invest at least 6% of the GDP in education and health Limit spending to glorify one person And uplift the Per Capita Income At least to the US $ 5000. Those are worth Celebrating and not just a T20 win And who will remember it in a few weeks' time What are we celebrating? Can someone tell me, please? (My political ranting).