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The Mahapola Higher Education Scholarship Trust Fund (also known as the Mahapola Trust Fund or the Mahapola Scholarship) is an educational trust fund created and operated by the Government of Sri Lanka.
Education in Sri Lanka has a long history that dates back two millennia. While the Constitution of Sri Lanka does not provide free education as a fundamental right, the constitution mentions that 'the complete eradication of illiteracy and the assurance to all persons of the right to universal and equal access to education at all levels" in its section on directive principles of state policy ...
Education policy analysis is the scholarly study of education policy. It seeks to answer questions about the purpose of education, the objectives (societal and personal) that it is designed to attain, the methods for attaining them and the tools for measuring their success or failure.
The employer of every employee to whom this Act applies shall be liable to pay an amount equal to three per centum (3%) of the total earnings including Wages, salary or fees, Cost of living allowance, special living allowance and other similar allowances, Payment in respect of holidays, The cost value of cooked or uncooked food provided by the employer to employees, Meal allowance and Any ...
Currently, Sri Lanka allocates less than 2% of its GDP on education, which falls well below the international benchmark of 4-6%, making it one of lowest in the region, UNICEF emphasised until 2025. [5] In the 2025 Budget, Sri Lanka has made a historic investment in education, allocating substantial funds to enhance various aspects of the sector.
The university policy on admission would enable a person to register at the lowest 'Level' with mere basic literacy and then climb up to postgraduate level. [7] The concept of Distance Education at the OUSL functions through a dynamic network of regional and study centres, with knowledge imparted through multiple media.
The Central Bank of Sri Lanka (abbr. CBSL; Sinhala: ශ්රී ලංකා මහ බැංකුව, romanized: Sri Lanka Maha Bankuwa) is the monetary authority of Sri Lanka. It was established in 1950 under the Monetary Law Act No.58 of 1949 (MLA) and in terms of the Central Bank of Sri Lanka Act No. 16 of 2023, the CBSL is a body ...
Private provident funds existed in the private sector, with some companies contributing on a voluntary basis until 1958, when the Employees' Provident Fund was established by S. W. R. D. Bandaranaike following the enactment of the Employees' Provident Fund Act No 15 of 1958 which established the Employees' Provident Fund which made it compulsory for all employers and employees to contribute if ...