India Sri Lanka financial assistance of $450 million for recovery

Context
India announced a $450 million reconstruction package to support Sri Lanka after Cyclone Ditwah caused large-scale loss of life and displacement. The announcement was made in Colombo by S. Jaishankar during his visit as the Prime Minister’s special envoy.

Summary
• Why: To help Sri Lanka recover from cyclone devastation and signal strong neighbourhood support.
• What India offered: $450 million package
• $350 million as concessional Lines of Credit
• $100 million as grants
• Focus sectors: Areas worst hit by the climate shock.
• Immediate response: India deployed military personnel and resources for rescue and relief, including operations in remote and flooded regions.
• Diplomatic significance: Marked as a “new chapter” in India–Sri Lanka relations; Sri Lanka conveyed gratitude for India’s swift assistance.

India Sri Lanka financial assistance
India Sri Lanka financial assistance
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