Page 30 - Sri Lanka

Sri Lankan PM says steps will be taken to mitigate food crisis in country

Amidst the unprecedented economic turmoil in the country, Sri Lankan Prime Minister Ranil Wickremesinghe on Friday said that steps will be taken to mitigate the food crisis in the island nation.Addressing a meeting of the Committee of Food Security, Wickremesinghe said that around four to five million people will be directly impacted by the food crisis in Sri Lanka, and measures will be taken to contain it, reported the Daily Mirror newspaper.The MPs will take charge of food security programmes in 225 divisions, he added.He ordered the formation of a committee under Parliamentarian Nimal Lansa to look into the mitigation measures and demanded the strategy preparation within two weeks.Wickremesinghe directed the officials to prioritise the fishing community in terms of providing them with food, gas, and fuel.Food security for children's homes, nursing homes, and homes for persons with disabilities was given special emphasis, including the need to formulate a long-term plan for a modern

Sri Lanka schools, public offices to work online as fuel crisis continues

Sri Lankan government has announced a shut-down of public sector offices from next week, beginning Monday due to severe fuel shortages as the nation continues to reel under its worst economic crisis

Pakistan following Sri Lanka's path to land in Chinese debt trap: Report

Pakistan is blindly following Sri Lanka's path which will lead the country to fall into the Chinese debt trap

Sri Lanka Army to cultivate land to ramp up food production: Report

The army established its Green Agriculture Steering Committee (GASC) on Thursday to supplement and promote the food security programme in Sri Lanka

Sri Lanka awaits India's nod for new credit line of fuel supplies

Sri Lanka is awaiting official confirmation from India on a new credit line that would allow the cash-strapped nation to have supplies of petrol and diesel for the next four months

Sri Lanka's economic activity grinds to a halt as fuel supplies run dry

Amidst fuel crisis in Sri Lanka, the government declared Friday a holiday for public offices and schools to curtail vehicular movement, leaving many roads in and around the capital Colombo deserted

Spiraling food crisis looms as Sri Lankan farmers abandon fields

Fears of a hunger crisis are rising in Sri Lanka, a teardrop-shaped island south of India. Shortages of items like flour and milk powder are widespread

Sri Lanka in talks to amend terms of $1.5-billion China deal: Report

Meanwhile, the United States on Thursday announced that it will provide $6 million in emergency assistance to Sri Lanka

Protest held in Sri Lankan capital against proposed wind project by Adani

The 500 MW wind mill project caused much storm after last week's parliamentary oversight committee proceedings

Sri Lanka import 50,000 Mt rice under Indian credit line: Wickremesinghe

Crisis-hit Sri Lanka has decided to import 50,000 metric tonnes of rice under the Indian credit line to curb an abnormal rise in rice prices, Prime Minister Ranil Wickremesinghe said on Thursday

Sri Lanka engaging China to amend terms of $1.5 bn currency swap deal

Sri Lanka is discussing with China to amend terms and conditions of $1.5 bn currency swap deal so that it can be used for imports amidst an unprecedented economic crisis in this island nation

Adani Enterprises wind power project caught in Lankan political crossfire

The controversy over the Adani investment in the neighbouring nation stems from domestic power politics in which a bureaucrat has become collateral damage

Top Headlines: Hurdles in recruitment plan, India Inc's capital expenditure

Business Standard brings you the top headlines at this hour

Sri Lankan Cabinet approves new measures to facilitate economic recovery

Sri Lanka's government has approved several measures, including imposing a 2.5 per cent social contribution tax on companies and declaring Fridays as holidays, to facilitate the economic recovery

Blinken assures Sri Lanka of support after IMF negotiations conclude

US Secretary of State Antony Blinken has assured crisis-hit Sri Lanka of support to promote American investments in the country after the completion of IMF negotiations

Blinken discusses economic, political challenges with Sri Lanka's PM

US Secretary of State Antony Blinken discussed the current economic and political challenges with Sri Lanka's Prime Minister Ranil Wickremesinghe

Lanka electricity chief quits after withdrawing remark on Adani Group deal

The resignation of MMC Ferdinando, the chairman of state-owned power entity Ceylon Electricity Board (CEB), has been accepted, energy minister Kanchana Wijesekara said on Monday.

Lankan PM open to buying Russian oil amid crushing economic crisis

PM Ranil Wickremesinghe also indicated he would be willing to accept more financial help from China, despite his country's mounting debt

Amid crisis, Sri Lanka set to introduce fuel ration scheme next month

The island nation has been experiencing long lines for fuel refilling since mid-February with pressure coming on the diesel supplies for thermal power generation

Sri Lanka open to buying Russian oil, says PM Ranil Wickremesinghe

Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said