India to provide Rs 2,371 million in funding for development projects in Sri Lanka.
International
In December 2024, India will provide Rs 2,371 million to Sri Lanka for 33 development projects in the sectors of education, health, and agriculture in the eastern province.
- Nalinda Jayathissa, the Cabinet Spokesman and Health Minister of Sri Lanka, announced that the Sri Lankan government has approved a proposal to sign a Memorandum of Understanding (MoU) to strengthen bilateral ties and promote socio-economic growth between India and Sri Lanka.
Main Point :- (i) Under the agreement, India will provide financial assistance of Rs 620 million for agriculture, Rs 780 million for health, and Rs 315 million for education, supporting comprehensive development across these critical sectors.
(ii) These projects are focused on improving infrastructure, promoting growth, and empowering local communities.
President: Anura Kumara Dissanayake
Prime minister: Harini Amarasuriya
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