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  • DAILY CURRENT AFFAIRS:India rushes diesel and rice supply to crisis hit Sri Lanka

India rushes diesel and rice supply to crisis hit Sri Lanka

Tags: International News

Under its “neighbourhood first policy” the government of India has supplied 40,000 tonnes of diesel and 40,000 tonnes of Rice to Sri Lanka on an emergency basis. This emergency supplies to Sri Lanka comes as the Sri Lankan government declared an emergency in the country on 2 April due to deteriorating economic situation in the country.  

  • Power cuts lasting over 13 hours were imposed on 31 March 2022, the longest cut since 1996 when a strike by the state power entity employees caused a 72-hour black out.

  • This is the fourth such supply  of diesel to Sri Lanka by India in the last 50 days under the $500 million loan provided by India to Sri Lanka recently. The total diesel supplied to Sri lanka by India  till now is 20,000 tonnes.

  • The government controlled Ceylon Electricity Board has also announced the resumption of power operations at Kerawalapitiya Thermal Power Plant after the receipt of  6000 tonnes of diesel  from Lankan Indian Oil Corporation (LIOC).

  • India is also supplying 40,000 tonnes of rice to Sri Lanka under the $1 billion loan provided by India to Sri Lanka. 

  • India is the largest exporter of rice in the world.

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