'Made in Sri Lanka' to promote rural industry and create 100,000 jobs, with a focus on micro, small and medium enterprises, to promote massive industrial development in sectors such as agriculture, handicrafts, horticulture, poultry, domestic fisheries, dairy, apparel manufacturing, information technology services and food processing. The project 'Made in Sri Lanka' has been developed.

The Certified Management Accountants of Sri Lanka (CMA SRILANKA), the Small and Medium Enterprises Development Committee for the recovery of Sri Lanka Govt 19, has drawn up this plan to seek government support in the 2022 budget. Products and services using local raw materials and agricultural products are marketed in collaboration with large corporations, government agencies, export companies, retail markets, and domestic manufacturers to improve productivity, improve quality of education, and reduce the cost of living. It is also said that business success can be achieved by producing products, services and agricultural products for the domestic and export markets.

Support is expected in this 2022 budget to promote small and medium enterprises, to make a significant contribution to the Sri Lankan economy, to assist the rural economy and to encourage self-employment.

The small and medium enterprise sector is seen as a major contributor to the country’s economy. The contribution of these is pervasive in all sectors of the economy. The small and medium enterprise contributes 52% of the country's GDP and 45% of total employment. More than 75% of the country's total corporations make economic contributions to the country.

Industrial products developed in the country will be covered under the 'Made in Sri Lanka' scheme. The projects are mainly for handicrafts, industrial agriculture and services. To differentiate this, special facilities and individual support are provided for all projects registered under the 'Made in Sri Lanka' scheme. Marketing of all small and medium scale industrial products is a high priority for the private sector, government ministries, public sector companies, state-owned enterprises and retailers. These items are said to be tax deductible at the remaining 50% of commercial profits. All the banks have set up a separate structure at all its branches to assist investors and entrepreneurs seeking financial and other assistance under the 'Medin Sri Lanka' scheme.

All the trade and industry organizations island-wide are ready to take the initiative and actively provide connectivity between large companies in the small and medium enterprises. The Small and Medium Enterprise Development Group is ready to provide all assistance to market and repurchase products to reduce production costs, improve product quality and provide the necessary raw materials. It also offers a 50% tax exemption on trade in goods and services under the scheme, which registers companies that purchase goods from the Small and Medium Enterprise Development Board.

The 'Medin Sri Lanka' project is seen as a government-sponsored initiative for the small and medium enterprises in the 2022 budget. It can be a driving force to improve the livelihoods of the people and provide their economic contribution to the country through the 100,000 new job opportunities offered through it.