India offers massive financial support for cyclone-hit island nation.
India has stepped up its commitment to helping its neighbor recover from the devastation of Cyclone Ditwah. During the recent S Jaishankar Sri Lanka visit, the External Affairs Minister met with Prime Minister Harini Amarasuriya and President Anura Disanayake to finalize a significant support strategy. This diplomatic mission highlights the deep-rooted civilizational ties and India’s role as a reliable partner in times of crisis.
Financial Aid and Reconstruction Goals
Central to the discussions was a newly proposed $450 million aid package designed to fuel long-term recovery. This financial assistance is structured to ensure maximum impact, consisting of a $350 million concessional line of credit alongside $100 million in direct grants. The funds are earmarked for critical infrastructure, including the restoration of railways, roads, and bridges that were damaged by the storm. Additionally, a major portion of the aid will focus on rebuilding homes, schools, and healthcare facilities.
Transitioning from Relief to Recovery
While India acted quickly during the peak of the disaster under Operation Sagar Bandhu, the focus has now shifted from emergency relief to sustainable rebuilding. Minister Jaishankar noted that Prime Minister Narendra Modi personally directed Indian officials to align their efforts with Sri Lanka’s specific priorities.
Key highlights of the ongoing cooperation include:
This visit serves as a testament to India’s "Neighborhood First" policy. By focusing on essential services like health and education, the S Jaishankar Sri Lanka visit ensures that the most vulnerable populations affected by Cyclone Ditwah receive the support they need to rebuild their lives.
