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Jha highlights growing Indian power, reiterates commitment to strengthening ties with SL

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Former Presidents Maithripala Sirisena and Gotabaya Rajapaksa at India house on Friday.(Pic courtesy Indian hC)

Indian High Commissioner Santosh Jha has said India and Sri Lanka are natural partners and their interests in matters of security or development are intertwined and interlinked. “The huge potential our partnership holds and the tangible impact it can have on the lives of the common people drives me to work harder to further deepen and strengthen it. I look forward to your support and cooperation in this regard.”

HC Jha said so on Friday (26) at the evening reception hosted by him at India House on the occasion of the 75th Republic Day of India.Among those present were former Presidents Mahinda Rajapaksa, Maithripala Sirisena and Gotabaya Rajapaksa.

Commenting on the growing Indian economy, Jha said: Our economic journey, in particular in the last decade, has also been remarkable. India is now the fastest growing major economy in the world. We are now the fifth largest economy and poised to become the third largest by 2027-2028. That we were 10th largest 10 years ago shows the speed of this journey!

India truly stands today at an inflection point. The vision of our Prime Minister is to make India a developed country – a ‘Viksit Bharat’ or a developed India – by 2047. We believe that it is through ‘Sabka Prayas’ or through efforts of all that a ‘Viksit Bharat’ will materialize. There is realization that development, just as democracy, is of the people, for the people and by the people.

One of the many major transformations underway in India is built on the implementation of the Unique Digital Identity Number or Aadhar. This has delivered good governance and empowered the poor and the underprivileged in a way not seen before. To give you an example, the Aadhar has enabled the government to deliver food rations to 850 million, provide free medical insurance cover to 500 million and effect cash transfers to 450 million Indians. There are multiple examples of such welfare schemes reaching the poor and the most underprivileged without leakages and in full transparency. Today, India is perhaps the only low-middle income country in the world to deliver societal benefits on such scale and with such impact.

Beyond this, the Unique Digital Identity Number, along with the UPI, has also ushered a boom in digital financial transactions in India.  Today, 46 of every 100 such transactions in the world are taking place in India.  The digital public infrastructure has also led to spectacular growth of start-ups in India, with over 100,000 registered start-ups in just the last decade. And among them are over 100 Unicorns or startups with more than a billion dollar valuation.

The speed and scale of change is also noteworthy. In the last 18 months, we have installed 400,000 5G sites. Every day, in the last five years, we have opened two new colleges in India. Our physical infrastructure is acquiring world class standards. Our technological capabilities were best demonstrated when we landed the Chandrayaan-3 on the South Pole of the moon – the first by any country. Our journey on renewable energy has also been remarkable. We are on target to achieve 68.4% of our energy or 650 GW from non-fossil sources by 2032. We are also building a formidable green hydrogen capacity. Not surprisingly, we are the only G20 country that is on track to implement and even exceed its Paris Climate commitments.

Our growing national capabilities are also reflecting in our foreign policy. Our G20 presidency saw consensus on a common outcome, secured the membership for the African Union and championed the cause of the Global South.

Our domestic vision is also driving our Neighbourhood First policy. Our SAGAR policy which seeks security and growth for all in the Indian Ocean region is at the heart of our approach towards Sri Lanka.

The India-Sri Lanka partnership has been built on civilizational ties, geographical proximity, cultural connect, strong sense of solidarity and age-old goodwill. In recent years, be it during the COVID-19 pandemic or the economic crisis, India has reaffirmed itself as a trusted and reliable partner of Sri Lanka.

The Vision document adopted by our leaders in July 2023 seeks to build a stronger economic partnership with connectivity as its central theme.

Since July 2023, we have started daily flights between Jaffna and Chennai, and launched ferry services between India and Sri Lanka. We are working on building mechanisms to establish the India-Sri Lanka Connectivity Corridor.

We are also advancing multiple energy initiatives. These include the power grid connectivity eventually to enable Sri Lanka to export power to India; the multi-product pipeline, which will boost our shared interest in developing Trincomalee as an economic hub; and we are also working to set up a virtual LNG pipeline from Kochi to Colombo to bring down electricity costs in Sri Lanka. There are other clean energy projects in the private sector as well as the one by the NTPC in Sampur.

India is also Sri Lanka’s largest trading partner. In 2022, bilateral trade stood at USD 6 billion. In recent years, we have also been the largest foreign investor in Sri Lanka.  India continues to be the largest source of foreign tourists in Sri Lanka. We hope to enhance our economic partnership and enhance Sri Lanka’s export potential through early conclusion of the Economic and Technology Cooperation Agreement, just as the FTA opened new export opportunities for Sri Lanka to India, which now stands at more than on4 billion dollars.

Till date, we have contributed over five billion US dollars towards our development partnership, which has touched every single district of Sri Lanka.   We are working on projects for solar electrification of religious places across Sri Lanka, assisting in modernization of Sri Lanka railways, constructing houses for the poor, enhancing Sri Lanka’s health and education infrastructure, and engaging in ports and airports development. We are working on the Sri Lanka-Unique Digital Identity project and seeking to soon roll out UPI in Sri Lanka. In all of this, India’s priorities are determined by Sri Lanka’s needs and aspirations and that too principally of its citizens.”



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New circular issued to support disaster-affected Micro, Small and Self-Employed Businesses

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A new circular has been issued by the Ministry of Finance, Planning and Economic Development to provide relief to micro, small and self-employed businesses affected by the emergency situation caused by Cyclone Ditwah. The circular has been issued in line with Circular No. 08/2025, which was introduced to restore disrupted livelihoods following the disaster.

The Government programme to empower communities affected by the disaster was introduced through Budget Circular No. 08/2025 dated December 5, 2025. Expanding this relief framework further and ensuring more effective and efficient delivery of assistance, additional circulars No. 08/2025(i) dated December 20, 2025 and No. 08/2025(iii) dated January 22, 2026 have been issued.

The social empowerment programme under the newly issued circular is structured as follows.

Assistance for affected individual, small and micro businesses

A one-time grant to restore businesses damaged by the disaster to a condition suitable for reopening.

LKR 200,000 for individual, small and micro-businesses registered with the Ministry of Industry.

LKR 200,000 for individual, small and micro-businesses registered with the Divisional Secretariat as a business entity.

LKR 50,000 for unregistered home-based businesses operated from a permanent structure.

LKR 50,000 per unit for unregistered production industries, including greenhouses.

LKR 25,000 for temporary business setups, including mobile and street hawking.

A grant will be provided to owners of the commercial buildings affected by the disaster to restore their business premises to operational condition.

A grant of Rs. 500,000/- will be provided to each business building owner who voluntarily opts to receive assistance without a damage assessment.

A grant of up to Rs. 5,000,000/- will be provided to each business building owner who opts to receive assistance after a damage assessment, based on the assessed value of the building.

In addition to the above grants, the following loan facilities have also been provided.

In addition to these grants, the Treasury has introduced a new credit scheme to provide loans for business owners whose enterprises were affected by the disaster, enabling them to restart their operations and meet essential requirements.

Accordingly:

Facilities have been provided for affected businesses to obtain loans ranging from Rs. 250,000 to Rs. 25,000,000 through the banking system at an interest rate of 3%, with a 6-month grace period and repayment over 3 years to restart their operations.

As part of the investment loans for business reconstruction, entrepreneurs whose businesses were damaged can access bank loans of up to Rs. 25 million at an interest rate of 5%, with a 12-month grace period and repayment over 10 years.

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Food safety practices should not be confined to the school curriculum alone, but must become an integral part of the attitude and daily behavioral patterns of the child -PM

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Prime Minister Dr. Harini Amarasuriya stated that food safety practices should not be confined merely to the school curriculum, but should be nurtured as an integral part of a child’s attitudes and behavioral patterns.

The Prime Minister made these remarks today (28) while addressing the National Workshop on Education for Building and Strengthening a Domestic Circular Economy, held at the Galle Face Hotel, Colombo, under the Circular Economy in the Food Sector Project (2024–2027).

Implemented with financial support from the European Union, under the Global Gateway programme in collaboration with the Food and Agriculture Organization of the United Nations (FAO), the workshop aimed to identify challenges and opportunities in integrating circular economy concepts into school education; to develop practical action plans through policymakers, youth and skills development sectors, and formal education stakeholders; and to establish a educational foundation to promote sustainable circular economy practices in the food sector of Sri Lanka by 2027.

The Prime Minister stated:

“Education is not merely about passing examinations and securing employment. True education fosters a sense of responsibility and connection towards society and the environment. At present, what is most important is the concept of the circular economy, which promotes the repeated and efficient use of resources.

This concept is not unfamiliar to our ancestors. I am reminded of my grandmother, who demonstrated remarkable skill in minimizing food waste. From what we discard today such as passion fruit peels, she prepared delicious jams and chutneys. Even the metal lids of milk bottles were not thrown away. Instead, she transformed them into creative household decorations. ’Nothing should be wasted’ was a core philosophy of their way of life.

However, today, women deal with intense time pressures. Balancing employment and childcare responsibilities, food waste such as vegetables or cooked meals left unused in refrigerators has become increasingly common due to time restrictions. This should not be seen as the sole responsibility of women; rather, household responsibilities and labour must be shared collectively within the family”.

The Prime Minister further emphasized that practices such as taking only the required portion of food, cleaning one’s own plate, and developing respect for conserving resources should not remain theoretical lessons, but should be embraced as everyday life practices. She also reaffirmed that the Ministry of Education would extend its full support towards achieving this goal.

The event was attended by Carmen Moreno, Ambassador of the European Union to Sri Lanka and the Maldives; Dr. Johann Hesse, Head of Cooperation of the European Union; FAO Representative Vimlendra Sharan; along with representatives from the National Institute of Education (NIE), and a number of government and non-governmental organizations.

[Prime Minister’s Media Division]

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Cabinet nod for MOU between Sri Lanka and Romania on the cooperation in the Labour Field

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Romania, a country that has maintained diplomatic relationship with Sri Lanka for several decades in various fields, has become an increasingly popular destination among Sri Lankan skilled and semi-skilled Labour categories, especially in the fields of construction, manufacturing, hospitality, and services sectors.

At present, the recruitment of Sri Lankan workers to Romania is carried out by licensed private employment agencies under the
supervision of the Sri Lanka Foreign Employment Bureau. However, since both parties have recognized the need of establishing a more organized and sustainable recruitment method due to increasing  demand, the Cabinet of Ministers has approved the proposal presented by the Minister of Foreign Affairs, Foreign Employment, and Tourism to enter into a Memorandum of Understanding between the Government of the Democratic Socialist Republic of Sri Lanka and the Government of Romania regarding cooperation in the field of the labour sector with the following objectives.

• Establishment of proper mechanism for recruitment and management of workers.
• Promotion of ethical and transparent recruitment practices.
• Protection of rights and welfare of the migrant workers.
• Facilitation of regular discussions between the formal and relevant authorities ofboth countries.
• Improvement of technical cooperation, skills recognition, and capacity building in the labour sector.

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