The Cabinet of Ministers has actually given approval for the review of State-Owned Enterprises (SOEs) with non-commercial interests.This proposition existed by the President at the Cabinet conference held the other day (18 ).
The government has been tasked with essential duties such as offering civil services, making sure nationwide security, keeping law and order, controling markets, guaranteeing equitable resource distribution, handling catastrophes, and overseeing social welfare.Currently, 86 departments, 25 District Secretariats, 339 Divisional Secretariats, 340 State-Owned Enterprises, and 115 non-commercial state statutory bodies are associated with performing these duties.The National Budget has actually allocated about Rs.
140 billion for the operation of 115 non-commercial state statutory bodies under the supervision of the Department of National Budget and 51 institutions under the supervision of the Department of Public Enterprises for the year 2024.
Due to obstacles such as outdated structures, insufficient or incompatible powers, and ineffectiveness due to economic sector involvement in comparable functions, an evaluation of these institutions has actually become necessary.Accordingly, the Cabinet of Ministers has authorized the appointment of a committee to perform this evaluation and submit recommendations.The committee will be chaired by the Secretary to the Prime Minister and will include the following members: Secretary to the Prime Minister (Chairman)Secretary, Ministry of Education, Higher Education and Vocational Education.Secretary, Ministry of Agriculture and Livestock, Lands, and IrrigationSecretary, Ministry of Industries and Entrepreneurship DevelopmentSecretary, Ministry of Plantations and Community InfrastructureA Deputy Treasury Secretary chosen by the Secretary to the TreasuryAn Additional Secretary to the Ministry, chosen by the Secretary to the Ministry of Public Administration, Provincial Councils, and Local GovernmentDirector General of National BudgetDirector General, Department of ManagementDirector General, Department of Public EnterprisesChairman, University Grants Commission