Sri Lanka

The Indian High Commissioner to Sri Lanka, Santosh Jha, attended an event of Indian Oil’s subsidiary in Sri Lanka, Lanka IOC (Indian Oil Corporation), on Saturday to extend the ‘Group term assurance plan’ through LIC Lanka.He lauded LIOC’s contribution to the economy and its service to society through various CSR activities.“High Commissioner @santjha attended the LIOC event to extend the ‘Group term assurance plan’ through LIC Lanka to its 1500 customer attendants across the island,” the High Commission of India in Colombo wrote on X.Lanka IOC is the only private oil company that operates retail petrol and diesel stations in Sri Lanka.On December 22, 2023, the Indian envoy to Sri Lanka, Santosh Jha, presented credentials to Sri Lankan President Ranil Wickremesinghe.

He assumed the charge of the Indian High Commissioner to Sri Lanka on December 22.Earlier in September, Santosh Jha was appointed as India’s next High Commissioner to Sri Lanka.The economic crisis in Sri Lanka has adverseky affected food security, agriculture, livelihoods, and access to health services.Ahead of Sri Lanka’s presidential and parliamentary elections scheduled this year, Eastern Province Governor Senthil Thondaman affirmed support for sitting premier Ranil Wickremesinghe and backed him to be re-elected, saying that he stabilised the country and lifted the economy from dire straits.On the ongoing negotiations with the International Monetary Fund (IMF) for securing the third tranche of loans for the economic bailout and recovery, the Lankan leader said the President was working with the world body to obtain the necessary funding and support and the country was well and truly on the road to recovery.Sri Lanka has been reeling under a severe economic crisis in the recent past, with COVID-induced lockdowns wrecking the country’s economic backbone–tourism.Mounting bad loans also added to nation’s woes, putting the economy under severe stress and on the verge of bankruptcy.In addition, a foreign exchange crisis, heavy Chinese debts, and a failed move to shift the country’s agriculture to 100 per cent organic had intensified the country’s troubles.However, at a time when the country, also known as the Emerald Isle, was staring at an economic abyss, with riots breaking out and the previous Rajapaksa government collapsing in the face of mounting public anger, India came out in its support and extended a helping hand to its southern neighbour.New Delhi not only opened a line of credit for the embattled nation but also extended timely assistance on various fronts to help the island nation recover from the crippling economic crisis.Source: ANI





Unlimited Portal Access + Monthly Magazine - 12 issues-Publication from Jan 2021


Buy Our Merchandise (Peace Series)

 


Contribute US to Start Broadcasting



It's Voluntary! Take care of your Family, Friends and People around You First and later think about us. Its Fine if you dont wish to contribute and if you wish to contribute then think about the Homeless first and Feed them. We can survive with your wishes too :-). You can Buy our Merchandise too which are of the finest quality.

Debit/Credit/UPI

UPI/Debit/Credit

Paytm


STRIPE


[Sri Lanka] - The {first|second} spinning syntax invalid. Re-check the syntax, i.e. curly brackets and pipes.


The {first|second} spinning syntax invalid. Re-check the syntax, i.e. curly brackets and pipes.


Dermatologists raise concerns about skin diseases as extreme heat prevails


[Sri Lanka] - President looks into concerns facing gem and jewellery sector, assures concessions


[Sri Lanka] - Sri Lanka s economy expands for a 2nd straight quarter


Authorities launch emergency call centre devoted to Tamil-speaking people


FR challenging IGP Tennakoon s appointment fixed for consideration


Govt. to select over 2,000 Grama Niladhari officers before end of April


[Sri Lanka] - Sri Lanka, India to co-host ICC Men s T20 World Cup in 2026


Hot, dry weather expected in lots of parts of the island today


17 police officers including SDIGs moved; CID gets brand-new director


[Sri Lanka] - Properly handling govt-funded benefits can substantially contribute to economy - President


Over 400 Sri Lankan nurses currently serving in Singapore - High Commission reveals


SC delays verdict on petitions versus recommendations of PCoI on political victimisation


[Sri Lanka] - Public funeral for Ottawa mass killing victims on Sunday


[Sri Lanka] - Adani Green Energy officials meet Minister Kanchana





68