Employment opportunities in the public and private sectors have currently reached saturation point. The public sector alone has a workforce of 1.2 million, Labour Relations and Manpower Minister Athauda Seneviratne said.
During the UNP regime 6,000 were provided with government jobs while the present regime has provided employment for a further 6000, Seneviratne said. He was speaking at a ceremony in Kegalle where loans were granted to small and medium scale self-employed businessmen of the district.
He said that both, the State and Private sectors had expedited the recruitment process to fill all vacancies and as a result both sectors had reached saturation point.
He said that the Government had realized the importance of self employment by small and medium scale entrepreneurs who had supported the country s mainstream economy. The Government had meticulously formulated a plan to improve small and medium scale businesses and would provide loan facilities to further improve them.
Minister Seneviratne also said that the Government had an intention of opening new ministries, departments and various organizations in the near future and skilled young men and women would be recruited to fill the vacancies. The Government would give loans to 30,000 small and medium scale businessmen throughout the country. Its target was to complete the project before the end of the year.