Dr. Sarala Fernando, in The Island, 10 January 2021, with this title “Selling the Family Silver” and India-Sri Lanka bilateral relations
A remark attributed to the US Congress that “Sri Lanka is a valuable piece of real estate” had made the news here hinting at the strategic value of our island location. while some had connected the remark to the MCC, an economic project integral to the US pivot to the Indo Pacific. This sudden interest in Sri Lanka’s land assets made the headlines after Harvard economists in 2016 advised on the incorporation of a land project under the MCC to address constraints to national growth by a re-survey, re-valuation and deed grants on lands around the country. Local experts argued that such a programme would lead to pressure on smallholders to sell land to more powerful entities for commercial exploitation increasing rural poverty, environmental and wild life destruction and water scarcity.
