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Primary and secondary education is free in Sri Lanka and is the responsibility of the Ministry of Education and the Provincial Governments. Undergraduate education in state universities are free, but limited to less than 10% of the student population.
The Ministry of Social Empowerment, Welfare and Kandyan Heritage is the central government ministry of Sri Lanka responsible for social services, social welfare and Kandyan heritage. The ministry is responsible for formulating and implementing national policy on social empowerment and welfare and other subjects which come under its purview. [ 1 ]
One explanation could be that it limits these people from earning income through off-farm activities. [5] In addition, with more than 40 per cent of the rural poor people being small farmers , their production systems may be hampered by the usual suspects of fragmented landholdings , poor economies of scale, low investment levels resulting from ...
Income from black market economic activity is not included. The Gini coefficient is a number between 0 and 1 or 100, where 0 represents perfect equality (everyone has the same income), while an index of 1 or 100 implies perfect inequality (one person has all the income and everyone else has no income).
The State Ministry of Higher Education (Sinhala: උසස් අධ්යාපන රාජ්ය අමාත්යාංශය, romanized: Usas Adhyāpana Rājya Amātyāṅśaya; Tamil: உயர் கல்வி இராஜாங்க அமைச்சு) is a Non-cabinet ministry of the Government of Sri Lanka responsible for formulating and implementing national ...
The inequality income metric should be independent of the aggregate level of income. This may be stated as: = where α is a positive real number. Population independence Similarly, the income inequality metric should not depend on whether an economy has a large or small population.
Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
High income inequality/disparity and increased poverty have contributed to the prevalent corruption culture in Sri Lanka. Corruption has always been a hot topic in Sri Lanka and has been a root cause of Sri Lanka's worsening economic situation since 2019. [9] Corruption was among many issues which provoked the 2022 nationwide protests. These ...