ECONOMYNEXT – India will disburse around 350 million dollar equivalent of 450 million dollars of aid committed for cyclone recovery to Sri Lanka in Indian rupees, High Commissioner Satosh Jha said. India is giving 100 million dollars of the of the reconstruction aid in grants. “The assistance will be multi-pronged, assisting Sri Lanka in sectors that are the worst hit,” High Commissioner Jha told reporters in Colombo. “The five categories of support are rehabilitation and restoration of road, railway and bridge connectivity, support for construction of houses fully destroyed and partially damaged. “Support for health and education systems, in particular…
Sri Lanka to get US$350mn equivalent cyclone aid in Indian rupees
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