India sends one more consignment of 40,000 MT of diesel to crisis-hit Sri Lanka
2 years, 6 months ago

India sends one more consignment of 40,000 MT of diesel to crisis-hit Sri Lanka

India TV News  

Highlights India delivered one more consignment of 40,000 metric tonnes of diesel to Sri Lanka. Sri Lanka economic crisis: India on Tuesday said it has delivered one more consignment of 40,000 metric tonnes of diesel to Sri Lanka to help ease the acute fuel shortage in the debt-ridden island nation which is grappling with its worst economic crisis. India extended an additional USD 500 million credit line to Sri Lanka last month to help the neighbouring country import fuel as it has been struggling to pay for imports after its foreign exchange reserves plummeted sharply in recent times, causing a devaluation of its currency and spiralling inflation. India and Sri Lanka signed a USD 500 million Line of Credit Agreement for the purchase of petroleum products on February 2, 2022. In keeping with India's 'Neighbourhood First' policy, New Delhi has extended this year alone support worth over USD 3.5 billion to the people of Sri Lanka for helping them overcome their current difficulties.

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History of this topic

India unveils measures to help Lankan economy recover
1 week, 1 day ago

India unveils measures to help Lankan economy recover

Hindustan Times  

New Delhi New Delhi: President Droupadi Murmu with Sri Lankan President Anura Kumara Dissanayake during a banquet hosted by her in his honour at Rashtrapati Bhavan, in New Delhi, Monday. India on Monday unveiled a slew of measures to boost development and physical and energy connectivity with Sri Lanka, with Prime Minister Narendra Modi assuring President Anura Kumara Dissanayake of …

India, Sri Lanka decide to ramp up defence, energy, trade ties
1 week, 1 day ago

India, Sri Lanka decide to ramp up defence, energy, trade ties

The Hindu  

India and Sri Lanka Monday adopted a futuristic vision to expand their partnership, resolved to soon conclude a defence cooperation pact and decided to ramp up energy ties by establishing electricity grid connectivity and multi-product petroleum pipelines. Prime Minister Modi said both sides decided to emphasise investment-led growth and connectivity for the India-Sri Lanka economic partnership, and it was decided …

India-Sri Lanka Business Summit: Sitharaman stresses on bilateral arrangements in regional currencies
1 year, 1 month ago

India-Sri Lanka Business Summit: Sitharaman stresses on bilateral arrangements in regional currencies

Live Mint  

Emphasising on the importance of bilateral agreements between the countries, Indian finance minister Nirmala Sitharaman on Thursday said that the global multilateral treaties are now receding. Speaking at the India-Sri Lanka Business Summit in Colombo, Sitharaman said: “Global multilateral treaties are now receding. In her speech, Sitharaman stressed on the importance of bilateral pacts between the countries and said that …

Still incomplete: on India-Sri Lanka ties and their vision
1 year, 5 months ago

Still incomplete: on India-Sri Lanka ties and their vision

The Hindu  

With a joint statement on economic cooperation, India and Sri Lanka outlined a forward-looking vision for their relations. The statement, entitled “Promoting Connectivity, Catalysing Prosperity: India-Sri Lanka Economic Partnership Vision”, released after talks between Prime Minister Narendra Modi and Sri Lankan President Ranil Wickremesinghe in Delhi last week, lays out the vision in five areas: maritime, air, energy, trade and …

How India has revamped its approach to engage with Sri Lanka amid China's growing presence in the Indo-Pacific Region
1 year, 5 months ago

How India has revamped its approach to engage with Sri Lanka amid China's growing presence in the Indo-Pacific Region

Firstpost  

India’s accelerated overtures to Sri Lanka in the past few years are emblematic of its engagements in the wider Indo-Pacific Region Sri Lankan President Ranil Wickremesinghe’s visit to India on 20-21 July came at a time when the ties between the two neighbours have been in flux for the past few years. India’s strategic engagements with Sri Lanka gained traction …

India Continues To Help Sri Lanka Stand Economically, But Colombo’s Love For Beijing Keeps Soaring
1 year, 5 months ago

India Continues To Help Sri Lanka Stand Economically, But Colombo’s Love For Beijing Keeps Soaring

ABP News  

The day was July 9, 2022 when the world witnessed unprecedented developments taking place in Indian Ocean island nation of Sri Lanka even as a large number of protestors stormed the President’s palace in Colombo that eventually led to an unceremonious escape of then President Gotabaya Rajapaksa to Maldives and then to Singapore. During a two-day visit to China, Sri …

India Extends $1 Billion Credit Line To Sri Lanka For Another Year Amid Economic Crisis
1 year, 6 months ago

India Extends $1 Billion Credit Line To Sri Lanka For Another Year Amid Economic Crisis

ABP News  

In a move to assist Sri Lanka in overcoming its severe economic crisis, India has extended its under-utilized USD 1 billion credit line for an additional year. The agreement between the State Bank of India and the Sri Lankan government was initially signed in March of last year, during the height of the country's economic turmoil. The Indian High Commission …

India extends $1-bn credit facility for Sri Lanka by one year
1 year, 6 months ago

India extends $1-bn credit facility for Sri Lanka by one year

Hindustan Times  

NEW DELHI: India on Tuesday extended by a year a $1-billion credit facility provided to the Sri Lankan government to cope with an economic crisis, with officials saying this was done in response to a request from Colombo. The credit facility was extended through the State Bank of India in response to a specific request from the Sri Lankan government …

India extends $1 billion credit line to Sri Lanka by another year
1 year, 6 months ago

India extends $1 billion credit line to Sri Lanka by another year

The Hindu  

India on May 30 extended its $1 billion credit line to Sri Lanka by another year to help the island nation hit hard by an unprecedented economic crisis procure much-needed food, medicine and other essential items. An agreement was signed between the State Bank of India and the Sri Lankan government for $1 billion credit facility in March last year. …

Sri Lanka slashes fuel prices in welcome relief amid crisis
1 year, 8 months ago

Sri Lanka slashes fuel prices in welcome relief amid crisis

Firstpost  

Colombo: Sri Lanka’s government on Wednesday announced significant cuts in fuel prices, providing welcome relief for many after a year of shortages and skyrocketing prices amid the country’s worst economic crisis. Sri Lanka earlier this month secured approval of a $2.9 billion IMF bailout program a key step in its recovery from a crisis brought on by the pandemic and …

Sri Lanka clears global oil giants’ entry into retail fuel market
1 year, 8 months ago

Sri Lanka clears global oil giants’ entry into retail fuel market

The Hindu  

Sri Lanka on March 27 decided to award licences to three global oil companies to operate in the domestic retail market as part of the government’s efforts to restructure State-Owned Enterprises, including the loss-making Ceylon Petroleum Corporation. The three companies will each be allocated 150 dealer-operated fuel stations, currently operated by the state-owned Ceylon Petroleum Corporation, and obtain 20-year licences …

Sri Lanka uses part of Indian financial aid to buy textbooks for 4 million students
1 year, 9 months ago

Sri Lanka uses part of Indian financial aid to buy textbooks for 4 million students

Firstpost  

India announced a $1 billion line of credit to Sri Lanka last year as part of its financial aid to help the country deal with its economic crisis. Sri Lanka was hit by a financial crisis in 2022 that also sparked political turmoil in the island nation that led to the ouster of the Rajapaksa family Colombo: Sri Lanka has …

Economic crisis hit Sri Lanka mulling over using Indian Rupee for transactions
1 year, 9 months ago

Economic crisis hit Sri Lanka mulling over using Indian Rupee for transactions

India TV News  

Amid the economic turbulence, Sri Lanka is exploring the possibility of using the Indian Rupee for economic transactions. "Representatives from the Bank of Ceylon, State Bank of India and the Indian Bank shared their experiences and informed the audience that they had started carrying out INR-denominated trade transactions through respective Vostro/Nostro accounts after the creation of enabling framework by the …

India’s helping hand for Sri Lanka | The View From India
1 year, 11 months ago

India’s helping hand for Sri Lanka | The View From India

The Hindu  

India last week became the first of Sri Lanka’s creditors to officially back the crisis-hit country’s debt restructuring programme by sending financial assurances to the International Monetary Fund. The IMF has made its $2.9-billion package for Sri Lanka contingent on “receiving financing assurances from the island nation’s official creditors. India’s External Affairs Minister S. Jaishankar, who visited Colombo on January …

India provides 75 buses to Sri Lanka to support public transport system
1 year, 11 months ago

India provides 75 buses to Sri Lanka to support public transport system

Deccan Chronicle  

COLOMBO: India has handed 75 passenger buses to Sri Lanka as part of its assistance towards strengthening public transport infrastructure in the cash-strapped country. As part of its 'Neighbourhood First' policy, India has extended multi-pronged assistance to Sri Lanka to help the country tide over its worst economic and humanitarian crisis since its independence from Great Britain in 1948. 500 …

Sri Lanka works to rebuild its economy, restart trade talks with India, China and Thailand – Firstpost
1 year, 11 months ago

Sri Lanka works to rebuild its economy, restart trade talks with India, China and Thailand – Firstpost

Firstpost  

Colombo: A cash-stripped Sri Lanka is all set to restart trade negotiations with India, China and Thailand as the country paces to rebuild its economy. Auramon Supthaweethum, Director General of Thailand’s Department of Trade Negotiations said that negotiations were stalled owing to Sri Lanka’s economic crisis and the Covid-19 pandemic. In 2021, trade talks between Thailand and Sri Lanka amounted …

Sri Lanka to resume negotiations on stalled trade agreement with India
2 years ago

Sri Lanka to resume negotiations on stalled trade agreement with India

The Hindu  

Sri Lanka will soon resume talks with India on the stalled Economic and Technological Cooperation Agreement, authorities said, as Colombo looks to trade pacts and foreign direct investments to rebuild its crisis-hit economy. “We had finished 11 rounds of bilateral talks the last time with the aim of broadening and deepening the that is in force since India-Sri Lanka Free …

Sri Lanka President plans to visit New Delhi to discuss his country's economic crisis
2 years, 2 months ago

Sri Lanka President plans to visit New Delhi to discuss his country's economic crisis

The Hindu  

Sri Lankan President Ranil Wickremesinghe announced in Parliament on Thursday that he hopes to visit New Delhi to discuss the island nation’s worst economic crisis. The President also said that Sri Lanka hoped to reach a common agreement with creditor nations including Japan, China, and India, adding that Japan was ready to assist the bankrupt nation in the reconciliation process. …

Sri Lanka government slashes petrol prices by LKR40; no change in diesel price
2 years, 2 months ago

Sri Lanka government slashes petrol prices by LKR40; no change in diesel price

The Hindu  

The Sri Lankan government on Saturday slashed the price of petrol by Sri Lankan rupees 40 per litre, making diesel more expensive than petrol for the first time in the country. The retail price of petrol has been reduced from LKR 450 per litre to LKR 410 per litre while the cost of diesel continued to remain the same at …

India continues to be supportive of Sri Lanka in 'all possible ways': High Commission
2 years, 3 months ago

India continues to be supportive of Sri Lanka in 'all possible ways': High Commission

The Hindu  

India continues to be supportive of Sri Lanka in "all possible ways" for its early economic recovery and growth, the Indian High Commission here said on Tuesday after a media report that New Delhi does not plan to provide fresh financial support to the crisis-hit country on top of the nearly $4 billion it has extended this year. “We would …

India continues to be supportive of Sri Lanka in \'all possible ways\': High Commission
2 years, 3 months ago

India continues to be supportive of Sri Lanka in \'all possible ways\': High Commission

Deccan Chronicle  

COLOMBO: India continues to be supportive of Sri Lanka in "all possible ways" for its early economic recovery and growth, the Indian High Commission said on Tuesday after a media report that New Delhi does not plan to provide fresh financial support to the crisis-hit country on top of the nearly USD 4 billion it has extended this year. “We …

India continues to be supportive of Sri Lanka in \'all possible ways\': High Commission
2 years, 3 months ago

India continues to be supportive of Sri Lanka in \'all possible ways\': High Commission

Deccan Chronicle  

COLOMBO: India continues to be supportive of Sri Lanka in "all possible ways" for its early economic recovery and growth, the Indian High Commission said on Tuesday after a media report that New Delhi does not plan to provide fresh financial support to the crisis-hit country on top of the nearly USD 4 billion it has extended this year. “We …

Sri Lanka imports 600,000 metric tonnes of substandard rice due to flawed chemical fertiliser ban: Minister
2 years, 3 months ago

Sri Lanka imports 600,000 metric tonnes of substandard rice due to flawed chemical fertiliser ban: Minister

India TV News  

Highlights Poisonous rice has been imported due to flawed decision of previous government Last year, Gotabaya Rajapaksa put a blanket ban on imports of chemical fertilizers Sri Lanka is going through its worst economic crisis since its independence in 1948 Sri Lanka economic crisis : Lanka's Agricultural Minister Mahinda Amaraweera informed Parliament on Thursday that the cash-strapped country had to …

Indian Oil Corporation to expand operations in Sri Lanka
2 years, 4 months ago

Indian Oil Corporation to expand operations in Sri Lanka

The Hindu  

The Indian Oil Corporation will expand its operations in Sri Lanka by opening 50 fuelling stations, a top official of the Lanka Indian Oil Corporation said on August 8, amidst the worst economic- as well as fuel crisis facing the island nation. “Expressing gratitude to the Sri Lanka government, we feel proud to have received permission for the opening of …

Fuel hike in Bangladesh reignites fears of Sri Lanka-like-crisis in the country
2 years, 4 months ago

Fuel hike in Bangladesh reignites fears of Sri Lanka-like-crisis in the country

Op India  

Days after hinting at an impending economic crisis, the Bangladeshi government on Friday increased the price of petrol by 51.7% and diesel by 45.2%. Huge lines are reported at petrol stations all over Bangladesh… 🔊sound pic.twitter.com/JQmUsLBIAD — Wall Street Silver August 7, 2022 The high inflation has also landed a severe blow on the country’s garment industry as people are …

Cost of living: ‘How to manage?’ laments Sri Lankan market vendor
2 years, 4 months ago

Cost of living: ‘How to manage?’ laments Sri Lankan market vendor

Al Jazeera  

Amid soaring costs and 80% food inflation, a trader in Colombo is forced to eat less, ration medicine and buy fuel on the black market to get by. Colombo, Sri Lanka – Mohamed Rajabdeen’s four-wheel yellow mini-truck, known locally as a tempo, is parked at a street corner in Colombo’s Pettah market, one of the city’s busiest and most bustling …

Sri Lanka to restrict fuel imports for next 12 months
2 years, 4 months ago

Sri Lanka to restrict fuel imports for next 12 months

The Hindu  

Sri Lanka will restrict fuel imports for the next 12 months because of a severe shortage of foreign exchange, its energy minister said on July 25, as the island nation's new government seeks to find a way out of a crippling economic crisis. "Due to Forex issues, Fuel imports has to be restricted in the next 12 months," Sri Lanka's …

India Extended 8 Lines of Credit Worth $1850.64 Mn to Sri Lanka in the Last 10 years, Lok Sabha Told
2 years, 5 months ago

India Extended 8 Lines of Credit Worth $1850.64 Mn to Sri Lanka in the Last 10 years, Lok Sabha Told

News 18  

Union external affairs minister S Jaishankar told the Lok Sabha on Friday that India extended eight Lines of Credit to Sri Lanka amounting to $1850.64 million in the last ten years. !Here are some numbers… https://t.co/804I636bAP— India in Sri Lanka July 21, 2022 The external affairs minister also said that in January 2022 India extended a $400 million currency swap …

We Will Continue to Support People of Sri Lanka, Says India
2 years, 5 months ago

We Will Continue to Support People of Sri Lanka, Says India

News 18  

As the new Sri Lankan president looks at pulling the country out of its economic crisis, India on Thursday said it will continue to assist the island nation and support its people in their quest for stability and prosperity through democratic means. “We have been at the forefront of extending economic assistance to Sri Lanka as per what they require,” …

India Assures Continued Support To Democracy, Stability And Economic Recovery In Sri Lanka
2 years, 5 months ago

India Assures Continued Support To Democracy, Stability And Economic Recovery In Sri Lanka

ABP News  

New Delhi: As Sri Lanka is facing its worst economic crisis in seven decades, India on Wednesday assured its neighbouring country that it will continue to be supportive of the quest of the people of Sri Lanka for stability and economic recovery, through democratic means and values, established democratic institutions and constitutional framework, said High Commission of India on microblogging …

India says Sri Lanka crisis severe, no spillover
2 years, 5 months ago

India says Sri Lanka crisis severe, no spillover

Deccan Chronicle  

New Delhi: External affairs minister S. Jaishankar told an all-party meeting here on Tuesday that Sri Lanka was facing “a very serious crisis” which makes India “naturally worried” about a “spillover” into this country. “The reason we took the initiative to request you all to join an all-party meeting was.that this is a very serious crisis and what we are …

Centre calls all-party meeting on July 19 to discuss Sri Lanka crisis
2 years, 5 months ago

Centre calls all-party meeting on July 19 to discuss Sri Lanka crisis

India Today  

The Centre will hold an all-party meeting over the ongoing situation in Sri Lanka on Tuesday. Briefing the media after the meeting, Union Parliamentary Affairs Minister Pralhad Joshi, "The government has called another all-party meeting under EAM Dr S Jaishankar and FM Sitharaman on the current crisis in Sri Lanka, to be held on Tuesday." Read | As people stand …

Sri Lanka introduces fuel pass to provide oil in orderly manner
2 years, 5 months ago

Sri Lanka introduces fuel pass to provide oil in orderly manner

India TV News  

Highlights SL govt introduced fuel passes that will guarantee a weekly quota to every vehicle owner A person may register one vehicle under his National Identity Card Number The QR code obtained after registration must be presented to get fuel Aiming to provide fuel to the public in an orderly manner amidst its worst energy crisis, the Sri Lankan government …

Sri Lankan crisis is serious matter, India's focus is on helping them: EAM S Jaishankar
2 years, 5 months ago

Sri Lankan crisis is serious matter, India's focus is on helping them: EAM S Jaishankar

India Today  

External Affairs Minister S Jaishankar on Sunday called the economic crisis in Sri Lanka a “serious matter” and said India’s focus at the moment is on helping them. Jaishankar said India had earlier given Sri Lanka a line of credit which kept essential commodities flowing to them for the past several months. India denies reports of sending troops to Sri …

Amid escalating Colombo crisis, India vows it will \'stand with people of Sri Lanka\'
2 years, 5 months ago

Amid escalating Colombo crisis, India vows it will \'stand with people of Sri Lanka\'

Deccan Chronicle  

New Delhi: As Sri Lanka battles an unprecedented economic and political crisis, the Government of India declared on Sunday that it “stands with the people of Sri Lanka” and that it was closely monitoring the evolving situation in the island nation. India stands with the people of Sri Lanka as they seek to realise their aspirations for prosperity and progress …

Sri Lanka Crisis Updates: 'Missing' President Rajapaksa Orders Distribution of Cooking Gas amid Stir
2 years, 5 months ago

Sri Lanka Crisis Updates: 'Missing' President Rajapaksa Orders Distribution of Cooking Gas amid Stir

News 18  

Sri Lanka Crisis LIVE Updates: India on Sunday said it stands with the people of the island nation and it will continue to follow the recent developments. India stands with the people of Sri Lanka as they seek to realize their aspirations for prosperity and progress through democratic means and values, established institutions and constitutional framework,” MEA spokesperson Arindam Bagchi …

Missing Sri Lankan President back in action, orders gas distribution
2 years, 5 months ago

Missing Sri Lankan President back in action, orders gas distribution

The Hindu  

Embattled President Gotabaya Rajapaksa, whose location is still unknown since the protesters overran both his office and the official residence, has ordered officials to ensure the smooth distribution of cooking gas after the fuel-starved country received 3,700 metric tonnes of LP gas, his office said on Sunday. A second ship carrying 3,740 metric tonnes of gas is due on July …

Gotabaya turns to Putin for urgent fuel supplies for Sri Lanka
2 years, 5 months ago

Gotabaya turns to Putin for urgent fuel supplies for Sri Lanka

The Hindu  

The Sri Lankan President on Wednesday reached out to his Russian counterpart Vladimir Putin, seeking urgent credit for fuel imports for the crisis-hit island nation, even as Colombo negotiates a support package with the Washington-headquartered International Monetary Fund. — Gotabaya Rajapaksa July 6, 2022 Sri Lanka ran out of fuel last week, and the government said it was suspending fuel …

Sri Lanka fuel crisis: Govt declares week-long holiday for schools from tomorrow
2 years, 5 months ago

Sri Lanka fuel crisis: Govt declares week-long holiday for schools from tomorrow

India TV News  

Highlights Schools will remain shut for a week as the country faces a severe fuel crisis People were asked to work from home while several teachers were requested to teach online Since the fuel crisis many people opted to use bicycles as mode of transportation Sri Lankan schools will remain shut for a week as the country faces a severe …

Significant progress in talks with Sri Lanka: IMF
2 years, 5 months ago

Significant progress in talks with Sri Lanka: IMF

The Hindu  

The International Monetary Fund on Thursday said it has made“significant progress” in talks with Sri Lanka, which has sought the global financial institution’s help to cope with its unprecedented economic crisis. Concluding a ten-day visit to the island nation, an IMF team said: “Significant progress was made, and discussions will continue virtually towards reaching a staff-level agreement on the EFF …

Sri Lanka runs out of fuel, comes to a near-standstill
2 years, 5 months ago

Sri Lanka runs out of fuel, comes to a near-standstill

The Hindu  

Cash-strapped Sri Lanka suspended nationwide fuel sales, except for essential services, for nearly a fortnight as the island faces a rapidly worsening economic crisis. Colombo turns to India Sri Lanka’s High Commissioner to India, Milinda Moragoda on Monday met Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri in New Delhi to discuss the possibility of “securing petrol and …

Sri Lanka runs out of fuel, suspends sales for two weeks
2 years, 5 months ago

Sri Lanka runs out of fuel, suspends sales for two weeks

The Hindu  

Cash-strapped Sri Lanka suspended nationwide fuel sales, except for essential services, for nearly a fortnight as the island faces a rapidly worsening economic crisis. Colombo turns to India Sri Lanka’s High Commissioner to India, Milinda Moragoda on Monday met Union Minister of Petroleum and Natural Gas, Hardeep Singh Puri in New Delhi to discuss the possibility of “securing petrol and …

Sri Lanka runs out of fuel, only essential services to operate from midnight till July 10
2 years, 5 months ago

Sri Lanka runs out of fuel, only essential services to operate from midnight till July 10

India TV News  

Highlights Sri Lankan government announced only essential services will operate from midnight till July 10 Other operations will be temporarily suspended, crisis-hit nation's govt said, amid economic crisis Prime Minister Wickremesinghe said India would not be able to keep Sri Lanka afloat for too long Sri lanka economic crisis: The Sri Lankan government announced on Monday that only essential services …

Indian officials in Sri Lanka for talks on ailing economy
2 years, 6 months ago

Indian officials in Sri Lanka for talks on ailing economy

Associated Press  

Senior Indian officials began talks Thursday with Sri Lankan leaders on economic assistance, a day after Prime Minister Ranil Wickremesinghe announced the country’s economy had “collapsed.” Sri Lankans have endured months of shortages of food, fuel and other necessities due to the country’s dwindling foreign exchange reserves and mounting debt, worsened by the pandemic and other longer term troubles. Indian …

Sri Lanka PM Ranil Wickremesinghe says economy has collapsed, unable to buy oil
2 years, 6 months ago

Sri Lanka PM Ranil Wickremesinghe says economy has collapsed, unable to buy oil

The Hindu  

Sri Lanka’s Prime Minister says its debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, and the South Asian island nation cannot even purchase imported oil. Mr. Wickremesinghe said the government had failed to act in time to turn the situation around, as Sri Lanka’s foreign reserves dwindled. But Mr. Wickremesinghe said India would not be …

Sri Lanka's fuel crisis touches new heights: Govt to shut offices, schools from next week
2 years, 6 months ago

Sri Lanka's fuel crisis touches new heights: Govt to shut offices, schools from next week

India TV News  

The fuel crisis in Sri Lanka hit a new high, with the country's government announcing a shut-down of public sector offices from next week, beginning Monday. The country has been facing several power cuts, and the government has now asked teachers in all government and government approved private schools in the Colombo city limits to conduct online classes from next …

Sri Lanka crisis: EAM Jaishankar to brief MEA Consultative Committee
2 years, 6 months ago

Sri Lanka crisis: EAM Jaishankar to brief MEA Consultative Committee

India TV News  

Highlights EAM Dr S Jaishankar will brief Parliamentary Consultative Committee on External Affairs on June 18 This briefing will be done on ongoing crisis in Sri Lanka India's Foreign Secretary and other MEA officers will be present at the meeting Sri Lanka crisis : External Affairs Minister S Jaishankar will brief the Parliamentary Consultative Committee on External Affairs on June …

Sri Lanka seeks $55 million loan from India for buying fertiliser
2 years, 6 months ago

Sri Lanka seeks $55 million loan from India for buying fertiliser

India TV News  

Highlights India has agreed to provide the USD 55 million loan through the Export-Import Bank of India Lanka is facing a 50% crop loss due to ex-President Gotabaya's decision to ban chemical fertiliser Sri Lanka is going through the worst economic crisis since its independence from Britain in 1945 Sri Lanka has sought a $55 million loan from India for …

India assures Sri Lanka of fertiliser supplies to avoid food shortages
2 years, 6 months ago

India assures Sri Lanka of fertiliser supplies to avoid food shortages

India TV News  

Highlights India assured Sri Lanka of fertiliser supplies to help debt-ridden country avert food shortages Food shortage is caused by crop losses and exacerbated by the worst economic crisis in Sri Lanka President Rajapaksa said PM Modi had assured him of fertiliser supplies for next cultivation season India has assured Sri Lanka of fertiliser supplies to help the debt-ridden country …

India sends one more consignment of 40,000 MT of diesel to crisis-hit Sri Lanka
2 years, 6 months ago

India sends one more consignment of 40,000 MT of diesel to crisis-hit Sri Lanka

The Hindu  

India on May 31 said it has delivered one more consignment of 40,000 metric tonnes of diesel to Sri Lanka to help ease the acute fuel shortage in the debt-ridden island nation which is grappling with its worst economic crisis. India extended an additional $500 million credit line to Sri Lanka last month to help the neighbouring country import fuel …

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