Saturday, October 1st, 2022 00:40:07

India provided assistance worth 3.8 billion dollars to Sri Lanka to tide over unprecedented economic crisis

Updated: July 20, 2022 12:04 pm

External Affairs Minister Dr S. Jaishankar has said that India has given 3.8 billion dollar assistance for ameliorating the serious economic situation in Sri Lanka. He said, no other countries has given this level of support to Sri Lanka this year. Briefing reporters after chairing an all-party meeting convened by the Centre to discuss the Sri Lankan crisis in New Delhi, Dr Jaishankar said, in Sri Lanka there is a very serious crisis and situation is unprecedented. He said, Sri Lanka is our close neighbour and India will play a supportive role. If there is instability in any neighbouring country or any violence, that is a matter of deep concern to India, he added.

Dr Jaishankar said, two presentation were given to the leaders of the political parties out of which was done from a  from a foreign policy perspective. He said, during the presentation it was explained to all leaders about  the political turbulence in Sri Lanka, economic crisis, debt situation and the support that India has  given to that country and the  initiative as to how to help and  facilitate the  Sri Lankan engagement with other bodies including IMF.

Dismissing the apprehensions about arising Sri Lanka like situation in parts  of India, Dr Jaishankar said, during the meeting, the Finance Ministry also made presentation that brought out statewise-  the expenditure to revenue comparison, liabilities to Gross State Domestic Product (GSDP), growth rate or liablities of various Indian states and mortgaging of assets. He added, India has approached the situation in Sri Lanka in a very hunmansitic way.

Eight Minister from the government  side including Parliamentary Affairs Minister Pralhad Joshi, Minister of State for Parliamentary Affairs Arjun Ram Meghwal and Ministers of State for External Affairs Meenakshi Lekhi, Rajkumar Ranjan Singh and V Muraleedharan have attended the meeting. Besides, 28 parties including  Congress, AIADMK, DMK, Left, TMC, YSRCP, SP, BSP and AAP attended the meeting.

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