India to provide Rs 300 mn aid to Lanka for livelihood dev

Image
Press Trust of India Colombo
Last Updated : Aug 24 2016 | 8:13 PM IST
India will provide an assistance of Rs 300 million to Sri Lanka for livelihood development, including the fisheries sector, in the southern Hambantota district, an official said today.
Sri Lanka government spokesman Gayantha Karunathilake said that the Indian government has agreed to provide the grant for livelihood development in Hambantota district.
Part of the grant is expected to be used for developing fisheries villages in the district.
Accordingly, the proposal made by Mahinda Amaraweera, Minister of Fisheries and Aquatic Resources Development, to sign an agreement between the two countries for the same was approved by the Cabinet, Karunathilake said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 24 2016 | 8:13 PM IST

Next Story