Hon. (Dr.) Anil Jayantha - Minister of Labour and Deputy Minister of Economic Development
The Minister answered a question on EPF and ETF registrations, stating that such data are useful indicators of formal-sector economic activity, workers’ rights, social protection, investment trends, and female labour force participation, while noting the need to adjust for inactive or closed files. He reported 6,332 new EPF member registrations and 2,777 new ETF member registrations in November 2024. He said monthly data could be provided from January 2025 on request, and that six-monthly data, including gender-based labour force information, would be published on the Ministry website and in the annual performance report.
Verbatim record (translated)
Machine-translated from Sinhala / Tamil / English¶ 01 Hon. Speaker, the answers are as follows:
¶ 02 (a) (i) Yes. This indicator is meaningful across several dimensions. As the number of files increases, it provides data on economic progress. However, reconciliations are required—for instance, to adjust for inactive files or closures of existing establishments. Analytically, these figures reflect only the formal economy. Nevertheless, within the formal sector they are useful for understanding workers’ rights, social protection, and other functions. Sectoral analysis can show which sectors are most engaged with the economy. They also support analysis of national savings, new investments, and capital provision, as well as female labour force participation.
¶ 03 (ii) In November 2024, the number of new EPF member registrations was 6,332. The number of new ETF member registrations in that month was 2,777.
¶ 04 (iii) From January 2025, the relevant information can be provided, monthly if required.
¶ 05 (iv) It can be provided upon request at any time. Further, every six months these data, along with gender-based information on labour force participation, will be published on the Ministry website for public access and included in the annual performance report.
¶ 06 (b) Does not arise.
¶ 07 A detailed reply has been submitted by the Ministry. I table that response.
Provenance
- Source
- Hansard, Tuesday, 8 April 2025 ·No. 1747715041076408 ·English daily/uncorrected Hansard
- Page · column
- not yet extracted — page/column anchors are not in the current dataset; the source PDF is the citable location.
- Permalink
/lk/speeches/15054
Cite as: Hon. (Dr.) Anil Jayantha - Minister of Labour and Deputy Minister of Economic Development. 10th Parliament, Parliament of Sri Lanka. Hansard, 8 April 2025. No. 1747715041076408. Politick, https://staging.politick.io/lk/speeches/15054