India allocates USD 15 mn grant to Sri Lanka to bolster long-standing Buddhist connections

Colombo, Nov 3 (PTI) India has allocated a “landmark” grant of USD 15 million to Sri Lanka to bolster the long-standing Buddhist connections between the two nations, officials here said on Friday.

The bilateral agreement on the grant was signed on Thursday at the President’s House in Colombo in the presence of President Ranil Wickremesinghe and Finance Minister Nirmala Sitharaman during her three-day visit to the island nation.

The first project to be initiated under the USD 15 million grant is the solar electrification of religious sites across Sri Lanka, with an allocation of USD 10 million, the President’s Media Division of Sri Lanka said in a statement