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India to give an additional $1-billion emergency financial support to SL

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BY S VENKAT NARAYAN Our Special Correspondent

NEW DELHI, March 16: Sri Lanka’s Finance Minister Basil Rajapaksa met Indian Prime Minister Narendra Modi in New Delhi Wednesday morning to discuss bilateral matters and further Indian assistance to the island-nation, now in the grip of a major economic crisis.

Sri Lanka’s High Commissioner to India Milinda Moragoda was present at the meeting.

It is widely expected that India will clear a further $1-billion emergency financial support that New Delhi and Colombo have been negotiating since Rajapaksa’s last visit to New Delhi early in December.

At that time, he held talks with External Affairs Minister Dr Subrahmanyam Jaishankar and Finance Minister Nirmala Sitharaman. Both sides had agreed on a “four-pronged” approach to addressing Sri Lanka’s meltdown. It included Indian credit lines for import of essentials such as food, medicines and fuel; currency swap to help boost Sri lanka’s foreign exchange reserves, an “early” modernisation project of the Trincomalee oil tank farm, and Colombo’s commitment to facilitate Indian investments in Sri Lanka.

Since January last, India has extended $1.4-billion support, by way of a $400-million Reserve Bank of India (RBI) currency swap, a $500-million loan deferment, and a $500-million Line of Credit for fuel imports. The additional $1 billion, if cleared, will bring some relief to Sri Lanka, amid its current fuel and gas shortages, and soaring prices of food and other basic items.

Between Rajapaksa’s two New Delhi visits in a span of four months, India and Sri Lanka signed key agreements, both at governmental levels and involving private Indian investors. On January 6, Indian Oil Corporation (IOC) subsidiary Lanka IOC, Ceylon Petroleum Corporation (CPC) and the Government of Sri Lanka signed three agreements to jointly develop the Trincomalee oil tank farm in eastern Sri Lanka.

On March 11, the National Thermal Power Corporation (NTPC) signed an agreement with the Ceylon Electricity Board (CEB) to jointly set up a solar power plant at Sampur in Trincomalee. The same day, the Adani Group signed a deal for setting up two renewable energy projects in northern Sri Lanka, at an estimated cost of $500 million. This agreement was not publicised by either side.

Rajapaksa was scheduled to meet Jaishankar for a one-on-one interaction later on Wednesday, sources said



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India gifts 134 cabs to Sri Lanka Police

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A consignment of 134 single cabs gifted  by the Government of India under the Indo–Sri Lanka Friendship Programme for the use of the Sri Lanka Police was officially handed over to President Anura Kumara Dissanayake on Monday (25) morning  at the Presidential Secretariat.

The Government of India has incurred an expenditure of approximately LKR.300 million for this initiative and the vehicles are scheduled to be distributed among police stations in the Northern Province.

Speaking at the occasion, Indian High Commissioner Santosh Jha stated that similar assistance would continue to be extended to Sri Lanka in the future.

In appreciation of this gift by the Government of India, Inspector General of Police Priyantha Weerasooriya presented a commemorative memento to Indian High Commissioner Santosh Jha.

Minister of Public Security and Parliamentary Affairs, Ananda Wijepala, Deputy Minister of Public Security and Parliamentary Affairs, Sunil Watagala, Secretary to the Ministry of Public Security Ravi Seneviratne, General Manager of DIMO Rajeev Pandithage, officials of the Indian High Commission and senior officers of the Sri Lanka Police were also present at the occasion.

(PMD)

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Landslide Early Warnings issued to the Districts of Colombo, Gampaha, Kalutara, Kegalle, Nuwara Eliya and Ratnapura extended till 1600 hrs on Tuesday [26]

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The National Building Reasearch Organisation [NBRO] has extended the landslide early warnings issued to the districts of Colombo, Gampaha, Kalutara, Kegalle, Nuwara Eliya and Ratnapura till 1600 hrs on Tuesday 26th May 2026.

Accordingly,
The LEVEL II [AMBER] landslide early warnings issued to the Divisional Secretaries Divisions and surrounding areas of Dehiowita, Deraniyagala, Ruwanwella and Yatiyanthota in the Kegalle district and Kuruwita, Ratnapura, Ayagama and Eheliyagoda in the Ratnapura district and 

The LEVEL I [YELLOW] landslide early warnings issued to the Divisional Secretaries Divisions and surrounding areas of Seethawaka and Padukka in the Colombo district, Attanagalla in the Gampaha district, Palindanuwara, Mathugama, Bulathsinhala, Agalawatta, Ingiriya and Horana  in the Kalutara district, Bulathkohupitiya in the Kegalle district, Ambagamuwa in the Nuwara Eliya district and Kiriella, Pelmadulla, Nivithigala, Elapatha and Kalawana in the Ratnapura district have been extended.

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No PC polls this year, says Tilvin

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Tilvin

The much-delayed Provincial Council (PC) elections cannot be held this year due to financial and legal constraints, JVP General Secretary Tilvin Silva has said in Jaffna.Silva said so, fielding questions from journalists after the opening of the NPP coordination office in the Jaffna District on Saturday.

When asked whether the government was under Indian pressure to conduct the Provincial Council elections soon, Silva answered in the negative, claiming that Sri Lankan and Indian governments maintained close and friendly relations with a strong level of understanding.

He said budgetary allocations had been made for the PC elections, but the government had been compelled to divert resources for disaster relief following the impact of Cyclone Ditwah. According to Silva, nearly Rs. 500 billion had to be allocated for relief measures, making it difficult to hold the elections this year. He further said legal complications in the electoral reform process had also contributed to the delay in holding the PC elections, noting that a parliamentary committee had been appointed to determine the electoral systems under which the PC polls should be conducted. Once the committee submitted its report and if no further issues arose, the elections could possibly be held next year, he said.

Silva also said the government had taken measures to strengthen reconciliation and development in the North by releasing lands previously occupied by military camps and improving road infrastructure.He added that empowerment initiatives were being implemented under the Praja Shakthi programme and that both Sri Lanka and India were continuing to work in close cooperation.

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