News Line

    Go to Home Back
Email this to a friend
Printable version
Sunday, March 03, 2013 - 5.25 GMT
India increases aid to SL


The Central government of India has increased its annual grant to Sri Lanka in the Union Budget.

The allocation has gone up to Rs 500 crore for 2013-2014 from Rs 290 crore last year. It was Rs 181.94 crore in 2011-2012,The Times of India (TOI) reported.

The Budget has allocated Rs 5,550 crore as aid for foreign governments and organizations.

Former Indian ambassador to Italy K. P. Fabian pointed out that increasing the grant to Sri Lanka was important. "It is not only in the interest of Sri Lanka. It is also in our interest. The Indo-Sri Lanka relationship is important.

  003 SS  



Contact Information:: Send mail to with questions or comments about this web site.
Last modified: March 03, 2013.

Copyright 2008 Policy Research & Information Unit of the Presidential Secretariat of Sri Lanka. All Rights Reserved.