Sri Lanka Navy granted interest free loans worth Rs. 500,000 each to another 40 senior sailors today (26th July). The simple ceremony held at the Naval Headquarters to handover the cheques in this regard was presided over by the Commander of the Navy, Vice Admiral Sirimevan Ranasinghe. The financial allocation of Rs. 20 million utilized for the above purpose was provided by the Naval Benefit Foundation. The occasion was also attended by the Secretary to the Commander of the Navy, Captain (S) Achala De Silva and the Manager of Naval Benefit Foundation, Lieutenant Commander KM Dayananda.
This welfare initiative was mooted to recognize the contributions of long serving senior sailors of the Sri Lanka Navy. Accordingly, a total of 1,453 senior sailors have been granted interest free loans till date. The Navy is determined to grant this financial support to yet another 4,035 senior sailors in due course.