India will help poor Sri Lanka again, this essential thing will be supplied

In the midst of Sri Lanka’s economic crisis, India has once again come forward for help. India will supply 65,000 metric tonnes of urea to the island nation for the second time this year. According to reports, Sri Lanka’s High Commissioner to India Milinda Moragoda held a meeting with India’s Fertilizer Secretary Rajesh Kumar Chaturvedi […]
 


India will help poor Sri Lanka again, this essential thing will be supplied

In the midst of Sri Lanka’s economic crisis, India has once again come forward for help. India will supply 65,000 metric tonnes of urea to the island nation for the second time this year. According to reports, Sri Lanka’s High Commissioner to India Milinda Moragoda held a meeting with India’s Fertilizer Secretary Rajesh Kumar Chaturvedi on Thursday to discuss the issue. High Commissioner to Sri Lanka Milinda Moragoda met Rajesh Kumar Chaturvedi, Secretary, Department of Fertilizers, India and thanked him for his decision to supply 65,000 metric tonnes of urea to Sri Lanka for the current crop season.

In the meeting, both Moragoda and Kumar Chaturvedi discussed possible ways and means to ensure that the supply of chemical fertilizers from India to Sri Lanka continues beyond the current credit line. In addition, despite the ban on export of urea fertilizer from India, the Government of India has agreed to provide 65,000 metric tonnes of urea at present at US$11 billion at the request of the Government of Sri Lanka.

Earlier, the Sri Lankan government had banned the import of chemical fertilizers last year as part of its plan to move towards organic farming. However, the sudden economic crisis, coupled with insufficient supply of organic fertilisers, significantly affected agricultural production. Notably, this was the reason why the Sri Lankan government lifted the ban on many large crops. In addition, India has pledged over ₹3 billion in credit swaps and lines of credit to the indebted island nation since the beginning of the year. India has also expressed its willingness to work with the new government of Sri Lanka.