3.5 billion aid from India amid violence and chaos in Sri Lanka

Amidst the violence and chaos in Sri Lanka, India has given financial assistance of $ 3.5 billion. The Ministry of External Affairs has claimed that India has adopted a policy of ‘neighbourhood first’. India has provided food, medicines, as well as diesel and other fuels to Sri Lanka. There is a severe shortage of foreign […]
 


3.5 billion aid from India amid violence and chaos in Sri Lanka

Amidst the violence and chaos in Sri Lanka, India has given financial assistance of $ 3.5 billion. The Ministry of External Affairs has claimed that India has adopted a policy of ‘neighbourhood first’. India has provided food, medicines, as well as diesel and other fuels to Sri Lanka. There is a severe shortage of foreign exchange in the country to import the goods. People do not have food grains to eat. Along with diesel, there is also a shortage of fuel to run the vehicles. Those who pay money do not get petrol and diesel. The eyes of the government are now on help in the form of loans from the IMF.

Efforts to overcome Sri Lanka’s economic crisis

India’s foreign ministry spokesperson Arindam Bagchi said, “Neighborhood has always been India’s policy.” Keeping this policy in mind, assistance has been given to Sri Lanka. Bagchi said India would help Sri Lanka to maintain its interests whenever needed.

India’s support for democracy, stability and economic recovery in Sri Lanka

Bagchi said India supports him for democracy and stability as well as economic reforms in Sri Lanka. India has provided ₹3.5 billion in aid this year alone. India will always look after the interests of the people of Sri Lanka.

India’s role in improving the situation in Sri Lanka is important

Experts say that India has an important role to play in getting Sri Lanka out of its current situation. India will have to come forward to help Lanka financially as well as form a new government there.