Not all media is state owned, not blocking social media could lead to more fake news being spread by the extremist groups to incite violence.
News broadcasted on TV comes later than the updates on social media but its due to the validating the sources. The news media havent held back on reporting information where its proven to be true, even showing documents that are clearly against the government
The most commonly used social platform is whatsapp in Sri Lanka, they have only blocked media, It is possible to exchange messages but not download photos or videos without a VPN.