A Cabinet-appointed committee reviewing the restructuring of non-commercial state institutions has submitted its report, proposing a range of changes, including restructuring, liquidation, withdrawal of government involvement, and mergers.
According to the report, 12 non-commercial state institutions from six ministries, including the Mahaweli Authority and the Cashew Corporation, are set for liquidation. Other entities, such as the Galle Heritage Foundation, the National Ocean Affairs Committee Secretariat, and the ICT Agency, are also recommended for closure.
The committee has also suggested consolidating the Sri Lanka Broadcasting Corporation, Sri Lanka Rupavahini Corporation, and Independent Television Network under a unified management structure to enhance efficiency and commercial sustainability. However, significant investment would be necessary to keep these media organizations operational.
Additionally, the report recommends merging the Sri Lanka Tea Board with the Small Tea Estates Development Authority, as well as integrating the Coconut Cultivation Board, Coconut Development Authority, and Palm Oil Development Board.
The implementation of these recommendations awaits Cabinet approval.
