India unveils measures to help SL economy recover
Hindustan Times Ludhiana|December 17, 2024
Strengthening defence, trade ties
Rezaul H Laskar
India unveils measures to help SL economy recover

NEW DELHI: 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 continued support for Colombo's economic stabilisation efforts.

The Indian assistance, ranging from supply of LNG for power plants to grants for upgrading railways and a port and the launch of a new ferry service, were announced following talks between Modi and Dissanayake, who is on his first foreign visit since becoming president in September. The moves signalled continuity under India's "Neighbourhood First" policy for Sri Lanka, which has been one of the largest beneficiaries of New Delhi's development cooperation programme.

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