Former Sri Lankan President Chandrika Bandaranaike Kumaratunga has called the country a "failed state" despite having enviable social indicators at the time of independence in 1948. She made the statement while delivering the UNESCO Goodwill Ambassador Madanjeet Singh Memorial Lecture of 2023 in an online event organized by the South Asia Foundation and the Asian College of Journalism in Chennai.

Speaking via video conferencing, Kumaratunga emphasized the need for new leaders who can understand modern, scientific, and technological development and are capable of taking on the challenges of the fast-evolving world. She also stressed the importance of leaders with ethical and value-based principles who can build a better Sri Lanka for the next generation.

The former president highlighted the current sorry state of affairs in the country and the need for a complete overhaul of the existing system. She pointed out that the constitution is not democratic, and politicians believe it is their sacred entitlement to bequeath their political positions to their family members.

Kumaratunga also talked about the rebellion that took place one year ago when Sri Lanka celebrated its 75th year of independence. The rebellion was powerful, with people expressing their anger and frustration everywhere, demanding complete and radical change.

In conclusion, Kumaratunga called for a complete overhaul of the existing system and the need for new leaders with ethical principles who can build a better Sri Lanka for the next generation.