India’s pure grant assistance USD 550 mn



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Indian HC Sandhu at the launch of a new construction project at Pusselawa


India’s overall commitment of development assistance to Sri Lanka stands at a total of around USD 3 billion, out of which USD 550 million is pure grant assistance, the Indian High Commission has said in a statement issued yesterday.


The announcement was made in the wake of Indian High Commissioner Taranjit Singh Sandhu laying the foundation stone yesterday (Aug 10) for the construction of new buildings at Saraswathy Central College at Pusselawa in the Kandy district. The foundation stone was laid by Sandhu jointly with State Minister for Education V. Radhakrishnan and Minister for Agriculture and Tamil Education of Central Province M. Rameshwaran.


The Indian HC said: "The renovation of the college is being done using a grant of SLR 96 million from the Government of India. The new buildings will accommodate Science Labs, Lecture Halls and teachers’ quarters. The project also involves repair and renovation of existing buildings including parapet and retaining walls; provision of office & ICT equipment, furniture etc. as well as full renovation of the school playground. 


"This project is in continuation of Government of India’s efforts to partner with Government of Sri Lanka in people oriented development projects especially in the field of Education including construction and upgrading of schools, provision of IT and Scientific Laboratory equipment to schools, organizing English language and other training programs, apart from granting scholarships to Sri Lankan students to pursue their studies in Sri Lanka and in India. India’s overall commitment of development assistance to Sri Lanka stands at a total of around US$ 3 billion, out of which US$ 550 million is pure grant assistance."


 
 
 
 
 
 
 
 
 
 
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