National Natural Disaster Insurance Scheme

Budget Speech para. 171: "Sri Lanka has been categorized by the NFORM Global Risk Index as a high-risk country, prone to natural disasters. In the past few years we have seen that, while one part of the country was faced with severe droughts, other parts of the country experienced heavy floods, during the same period of the year. Hence, it has become a timely need to take proactive measures to allocate resources to mitigate both the vulnerability of natural disasters and to compensate the affected people and properties. Therefore, it is required to strengthen the natural disaster insurance scheme that the Government introduced in 2016, by allocating an additional Rs.1,000 Mn. from this year, to increase the Annual Government Premium from Rs.500 Mn. to Rs.1,500 Mn."

  • Allocation (Rs. Mn)1,000
  • SectorSocial Welfare
  • Ministry / Government Institution : Ministry of Defence

Openness Tracker

Closed

No information was received under the request for information filed under the Right to Information Act No 12 of 2016. No information on the progress of the promise was available through webchecks.

Progress Tracker

Undisclosed

No information is available to determine the progress of the promise.

Agency Openness Ranking 11

The Ministry of Defence was ranked 11th out of 16 government institutions assessed in 2019. The rank was determined based on the weighted average score of 13.5 received by the ministry (weighted average based on allocation). This score was based on the disclosure of information on 2 proposal assessed in 2019, which were under the purview of the the ministry.

Budget Speech para. 152: Partially usable information was obtained through a request filed under the Right To Information Act and was received within the stipulated timelines.

Budget Speech para. 171: No information on progress was available for the proposal.

For detailed information on the method of calculating the weighted average scores: http://www.budgetpromises.org/en/how-it-works

Documents

Sources of Information