Galle, City in Sri Lanka

Even as India has rushed to help its neighbour Sri Lanka, which is facing a severe economic crisis, China has in turn been pressing the Island nation for a Free Trade Agreement that would hurt Colombo's finances.China's actions have allowed the Sri Lankan leaders to approach India for all of their needs, including loans and other items such as rice, fertilizer, maritime security equipment, train engines, and aide for Northern fishermen families, reported India Blooms.Sri Lanka's economic crisis has deepened and amid wide protests, the nation is also witnessing grave political stability. The people of Sri Lanka are urging the Rajapaksa government to leave the country blaming the leadership for plunging it into an economic abyss.India is becoming a stronger and more mutually beneficial partner to Sri Lanka. Apart from assistance during the pandemic and fertilizer chaos, in which India delivered nano fertilizer to save Sri Lankan farmers, India has offered USD 500 million in gasoline and a USD 1 billion loan facility to purchase goods from India due to the current economic crisis.India recently pledged to donate medicines to Peradeniya Hospital, which was running low on supplies due to the US dollar crisis and purchasing medicines became impossible.Sri Lankans were irked by the government's mismanagement of financial affairs, corruption and bad judgment on initiatives that backfired, leaving the country impoverished - mostly in terms of lacking foreign exchange reserves.Many industries in the Island nation are seeing huge problems. Sri Lankan government is unable to import paper for the printing of exam papers, and the print media is already feeling the strain of a paucity of paper for printing newspapers, with prominent newspapers issuing slim editions these days.On March 18, India made significant contributions to Sri Lanka's defence sector. Sri Lanka has requested grant assistance for the supply of a 4,000 MT Floating Dock (FD) for the Sri Lanka Navy. The Indian government then provides DO-228 Dornier Reconnaissance Aircraft for maritime surveillance, reported the media outlet.India also signed an MoU for the establishment of modern computer labs and smart boards with customized curriculum software in schools in the Galle District in Sri Lanka.( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

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Galle, Latest News

Sri Lanka's Federation of University Teachers' Association (FUTA) has decided to go on a one-day strike on Tuesday in support of the ongoing Galle Face protest which demanded the resignation of the President and the government, local media reported. ...

Sri Lanka's Opposition party, Samagi Jana Balawegaya (SJB) five MPs (Members of Parliament) will join the hundreds of protesters at Galle Face, the ongoing protests which erupted in the city of Colombo a few days back, if the need arises. ...

A Sri Lankan Police sergeant, who was arrested for joining the protest at the Galle Face Green area in uniform and making a statement to the media, has been released on bail after he was produced in court on Friday. ...

A massive crowd continues to remain gathered at Galle Face, the main beachfront in the capital Colombo, outside Sri Lankan President's secretariat to protest against Prime Minister Mahinda Rajapaksa and President Gotabaya Rajapaksa amid the economic ...

Sinhalese, Tamils, and Muslims gathered at Galle Face Green, the main beachfront in the capital Colombo, outside Sri Lankan President's secretariat and raised 'Go Gota Go' slogans and also held President Gotabaya Rajapaksa responsible for the country ...

A massive protest erupted in the Galle Face Green area in the capital city of Colombo as the Island nation is facing its worst economic crisis since independence with food and fuel shortages, soaring prices and power cuts. ...

Colombo, April 14 Sri Lankan Prime Minister Mahinda Rajapaksa has said his government is ready to hold discussions ... ...

Even as India has rushed to help its neighbour Sri Lanka, which is facing a severe economic crisis, China has in turn been pressing the Island nation for a Free Trade Agreement that would hurt Colombo's finances. ...