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Indias development assistance to Sri Lanka around US 3 billion

The project involves refurbishment of the Auditorium and construction of a modern Building Complex with Audio & Video Recording Cum Editing Facilities and supply vehicles to Swami Vipulananda Institute in Eastern University Batticaloa through a grant of SLR 275 million from the Government of India. India’s overall commitment of development assistance to Sri Lanka stands at a total of around US$ 3 billion, out of which US$ 560 million is pure grant assistance, the Indian High Commission in Colombo said today.India and Sri Lanka today signed a Memorandum of Understanding (MoU) to provide modern infrastructural facilities to Swami Vipulananda Institute of Aesthetic Studies, Eastern University in Batticaloa District of Sri Lanka. The MoU was signed by Taranjit Singh Sandhu, High Commissioner of India to Sri Lanka and M.M.P.K. Mayadunne, Secretary, Minister of City Planning, Water Supply and Higher Education, in the presence of Abdul Rauff Hibbathul Hakeem, Minister of City Planning, Water Supply and Higher Education and senior officials of Government of Sri Lanka. The Indian High Commission said the project is part of the Government of India’s continued efforts to assist and cooperate with Government of Sri Lanka in people-oriented development projects. (Colombo Gazette) read more

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