The Rajapaksa government should have shelved some of the China-funded infrastructure projects, which were high on debt servicing and low on revenue earnings.
The back-to-back visits by EAM S. Jaishankar is expected to strengthen India’s maritime security domain under the ‘SAGAR’ doctrine, in view of growing Chinese influence.
China has invested $1.4 billion in the strategically located project. But the Rajapaksa govt wants India to invest in the potential metropolis, which is Sri Lanka's first SEZ.
Sri Lanka passed a bill last month which will establish Colombo Port City Special Economic Zone & Colombo Port City Economic Commission under a $1.4 bn deal funded by China.
With Sri Lanka scrapping East Container Terminal deal with India and Japan, and Adani Group’s entry to develop the west terminal, Modi govt is rethinking its cabotage policy.
Sri Lanka has scrapped the East Container Terminal project. But New Delhi believes Colombo might reconsider its decision and ‘things can change any moment’.
The four Karnataka leaders were staying at Colombo's Shangri-La hotel, one of the sites that was attacked in the Easter Sunday terror strikes on Sri Lanka.
MoSPI proposes to remove closed factories from IIP sample, aiming for truer picture of India’s industrial health in upcoming 2022–23 base series. Plan open to public feedback until 25 November.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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