India has a longstanding cultural and strategic relationship with Sri Lanka, underpinned by historical, religious, and economic ties. Amid the recent crisis, India’s proactive support highlights its commitment to regional stability and solidarity.

Q.9 India is an age-old friend of Sri Lanka.’ Discuss India’s role in the recent crisis in Sri Lanka in the light of the preceding statement.

Model Answer:

Introduction

India and Sri Lanka share deep historical and cultural linkages dating back to ancient times, with connections in Buddhism, trade, and shared colonial history. The India-Sri Lanka relationship is crucial for India's Act East policy and Neighbourhood First policy, aiming to foster regional cooperation and stability.

Body

Sri Lanka has recently faced a severe economic crisis, driven by:

  • Economic Mismanagement: Unsustainable debt levels, poor fiscal policies, and a decline in foreign reserves.
  • COVID-19 Pandemic: Drastic reduction in tourism, a major revenue source.
  • Political Instability: Frequent changes in government and lack of coherent policy direction.
  • External Shocks: Global supply chain disruptions and rising commodity prices.

In response, India has taken several significant steps to assist Sri Lanka:

  • Financial Assistance: India extended a $1 billion credit line for essential imports and a $500 million credit line for fuel.
  • Medical Assistance: India supplied essential medicines and medical equipment during the COVID-19 pandemic.
  • Humanitarian Aid: India provided food and other essential supplies to alleviate the immediate needs of the Sri Lankan population.

Additionally, India sent a special envoy to Sri Lanka to discuss further assistance and support, demonstrating its commitment to the bilateral relationship.

Conclusion

India's proactive role in aiding Sri Lanka during its crisis has reinforced the strong ties between the two nations. This assistance has not only helped stabilise Sri Lanka but also underscored the importance of India-Sri Lanka relations for regional stability and economic growth. The continued partnership is vital for fostering peace, security, and prosperity in the South Asian region.

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