Modi realises that the political problems in neighbouring countries have to be smoothened out if profit-making has to be taken to its logical conclusion.
Modi calls document ‘India’s long-term commitment towards Sri Lanka’ and says the island nation plays an essential role in India's 'Neighbourhood First' policy.
Basil reportedly tried to take a flight out of the country amid the ongoing economic crisis but airport officials refused to let him leave following protests by passengers.
Sri Lankan cabinet Tuesday approved proposal for the loan, which will be extended via EXIM Bank of India. India will also be supplying the country with 65,000 metric tonnes of urea.
The bankrupt nation will slash its budget expenditure to 'bare bones' and hopes to break even or post a primary surplus of 1% of GDP by 2025, Prime Minister Ranil Wickremesinghe said.
Wickremesinghe has held talks with foreign envoys and discussed ways to replenish food, fertilizer & medicine supplies. Sri Lanka needs $4 billion over next 8 months to pay for essential imports.
Real gains can be achieved when the government focuses its reforms upstream in better contract design, stronger capacity to monitor performance and maintain documentation.
The report released at Charcha 2025, an annual gathering of India’s social development sector, found that women remain largely concentrated in low-value and routine roles.
Without a Congress revival, there can be no challenge to the BJP pan-nationally. Modi’s party is growing, and almost entirely at the cost of the Congress.
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