Thursday, September 3, 2009

Rajapaksa rejects Western models of development

COLOMBO: Sri Lankan President Mahinda Rajapaksa has said that his country will develop its own model of economic development based on a strong agricultural sector and not follow the existing Western models in which industrial growth gets precedence.

“We must have a Sri Lankan model. I prefer it to be agriculturally based. If you can be self-sufficient in food, then the industries will come,” he told Forbes magazine on August 28.>> Full Story