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Prof. Veranja Karunarathna, Professor of Chemistry at the University of Peradeniya and Vice Chancellor of Slintec Academy, noted in his presentation that there has been a definite reduction in quality of graduate education over the years due to many factors, but showed that Sri Lanka does produce a high number of academic papers by graduate students and researchers per dollar invested in comparison to many countries. He also spoke on the negative impact of irregular appointments and promotions within universities; and the need for the appointment of Vice Chancellors to be on a merit-based system. The small number of PhDs conferred by Sri Lankan universities and the corresponding low amount of research was also a matter of concern in the global reputation of Sri Lankan universities.