Mahinda Chintana: Vision for a New Sri Lanka (MCVSL) was produced by the Department of National Planning, Ministry of Finance and Planning in late 2006. It is a ten year development framework 2006- 2016 and articulates the way forward under the current political leadership. The MCVSL was released as a discussion paper to generate a discussion and debate on the way forward. The Institute of Policy Studies has examined MCVSL taking into account the current overall policy framework and attempted to shed light on possible policy options where necessary. It was decided to release the analysis done so far as a working paper. Each chapter in the working paper stands on its own and no attempt has been made to integrate all the chapters into a broad policy framework. The paper, while discussing the policy alternatives, highlights the constraints in the way forward and reviews the overall strength of the development plan and reveals implementation challenges. It is hoped that this paper will generate further discussion and will be of use for policy makers in exploring alternative ways to move forward in various sectors of the economy of Sri Lanka.