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LankaWeb – THE GENERAL ELECTION OF 1956 Part 10C


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 ....

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