India provided a humanitarian consignment worth more than SLR 3 billion to Sri Lanka, which is facing the worst economic crisis since its independence.
The consignment comprises rice, milk powder and essential medicines news agency ANI reports citing the High Commission of India in Colombo.
"From the people of #India to the people of #SriLanka!!! High Commissioner, Hon'ble Ministers @Keheliya_R, Nalin Fernando, MPs, various dignitaries and officials welcomed a large humanitarian consignment worth more than SLR 3 billion from #Tuticorn today. The 15,000 MT consignment consists of rice, milk powder and essential medicines," the High Commission said in a tweet.
Earlier, New Delhi provided a concessional loan of USD 1 billion to Sri Lanka for the supply of food, fuel, medicines, and other essential items.
In May, the food inflation in Sri Lanka stood at 57.4 per cent, while shortages of key food items, as well as fuel for cooking, transport, and industry, remain widespread, with ongoing daily power outages.
The economy is bracing for a sharp contraction due to the unavailability of basic inputs for production, an 80 % depreciation of the currency (since March 2022), coupled with a lack of foreign reserves and the country's failure to meet its international debt obligations.
A high-level Indian delegation led by Foreign Secretary Vinay Kwatra visited Sri Lanka recently and underscored that the recent economic, financial and humanitarian assistance of over USD 3.5 billion to the island country was guided by New Delhi's "Neighbourhood First" Policy.