Thursday Dec 12, 2024
Saturday, 24 December 2022 00:47 - - {{hitsCtrl.values.hits}}
One hundred and twenty five SUVs manufactured by Mahindra and Mahindra Company of India were handed over ceremonially on 22 December 2022 by the High Commissioner of India to Sri Lanka Gopal Baglay to Minister of Public Security Tiran Alles in the presence of senior officials of the Ministry including Secretary to the Ministry of Public Security S. Hettiarachchi and Inspector General of Police C.D. Wickramarathne.
These 125 SUVs constitute the first batch of the planned supply of 500 vehicles for Sri Lankan law enforcement agencies and armed forces under an existing Line of Credit of $ 100 million extended by Government of India to Sri Lanka some time ago. These vehicles with state of the art facilities will help address Sri Lanka’s requirements and augment capacities across the country. India and Sri Lanka enjoy a multi-faceted and multi-sectoral partnership. In line with its 'Neighbourhood First' policy, Government of India's assistance to the people of Sri Lanka is extended in various forms, including in implementation of various projects under concessional Lines of Credit. This assistance continues even in the current situation.
Till date, Lines of Credit worth about $ 3.2 billion have been extended to Sri Lanka in diverse sectors including railways, infrastructure, defence, renewable energy, supply of petroleum, fertilisers, etc. Separately, in March 2022, Government of India also extended a concessional Credit Facility of $ 1 billion to GOSL through the State Bank of India for supply of essential items like food, medicines, fuel, etc.