Srilanka has recieved 40,000 metric tonnes diesel from India again on this saturday as part of ta credit line facility for the island nation, which is experiencing its worst economic crisis in decades. India provided an additional $500 million credit line to Sri Lanka this month to assist the country pay for imports after its foreign exchange reserves plunged drastically in recent months, creating a depreciation of its currency and spiralling inflation.
An Indian ship filled with vital relief supplies such as food, medications, and milk powder for the people of crisis-hit Sri Lanka is due to arrive in Colombo on Sunday, according to the embassy here. MK Stalin, the Chief Minister of Tamil Nadu, sent off the first ship carrying relief supplies to Sri Lanka from Chennai on Wednesday.
The first shipment includes 9,000 metric tonnes (MT) of grains, 200 MT of milk powder, and 24 MT of life-saving pharmaceuticals worth Rs 45 crore. In the presence of his cabinet colleagues and key officials, Chief Minister Stalin flagged off the relief shipment from the Chennai Port. The Indian people’s help complements the government’s multi-pronged efforts by standing with their Sri Lankan brothers and sisters, the High Commission stated in a press release on Friday.
India and Srilanka relations
Several Indian private and social organisations have given aid to Sri Lanka to cover a variety of pressing needs. This outpouring of support for Sri Lanka among ordinary Indians comes in addition to the government of India’s economic help, which has totaled roughly $3.5 billion since January of this year. The government of India has also given medications, dry meals, and other items on a grant basis, according to the statement.
According to the Ministry of External Affairs, in line with India’s Neighbourhood First policy, New Delhi has provided over $3.5 billion in aid to the people of Sri Lanka this year alone to assist them in overcoming their current troubles. In the meantime, Japan has announced a $1.5 million donation to the World Food Programme (WFP) for crucial food rations and aschool meal programme.
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