Posted on April 3rd, 2021 KAMALIKA PIERIS The 1956 government attempted to radically reform the economy. It was the first Sri Lanka government to try to do so. It was also the first government, and the only government to date, to see the need for a modern policy of Industrialization for Sri Lanka. There were no local industries when MEP came to power in 1956, everything was imported. The country was importing everything, from a pin, comb, pencil, and biscuit to mammoties, water pumps, agriculture and industrial machinery, reported economists. MEP had a long term plan for industrialization. The state would lead with a