City
Epaper

Sri Lanka crisis: India starts supplying rice to Sri Lanka amid ongoing crisis

By Lokmat English Desk | Updated: April 2, 2022 11:41 IST

According to reports, India has started supplying 40,000 tonnes of rice to Sri Lanka. However, Sri Lanka's President Gotabaya Rajapaksa ...

Open in App

According to reports, India has started supplying 40,000 tonnes of rice to Sri Lanka. However, Sri Lanka's President Gotabaya Rajapaksa has declared a state of emergency in the country giving the security forces wide authority to arrest and detain suspects with immediate effect.

For unreserved Sri Lanka is presently facing a foreign exchange shortage which has led to a fuel, power, and gas shortage, and has sought the assistance of friendly countries for economic assistance. Sri Lanka is witnessing at least 10-hour daily power cuts. Sri Lanka's currency has been also devalued by almost SLR 90 against the US dollar since March 8. Sri Lanka's economy has been in a free fall since the COVID-19 pandemic due to the crash of the tourism sector.

Tags: Sri Lanka crisis
Open in App

Related Stories

OpinionsBut for gold, India would, have become Sri Lanka

OpinionsStarvation causes fall of sultanate!

OpinionsWord is Brahma… How can it be unparliamentary?

CricketAustralia men’s cricketers donate prize money to support crisis hit Sri Lanka

InternationalDinesh Gunawardena named Sri Lanka's new Prime Minister

International Realted Stories

InternationalSaif bin Zayed attends Zayed University graduation ceremony to celebrate its newest ''Future Makers'

InternationalEU--Indo-Pacific Ministerial Forum discusses shared prosperity, economic security, digital connectivity

InternationalUCL Vice-Provost Geraint Rees highlights deepening UK-India collaboration in advanced research

InternationalKarachi residents face water shortage problems amid frequent power failures

International"Either losing dignity or risk losing a major partner," says Zelenskyy as Ukraine considers US peace plan