‘Colombo Unhappy with India’s Budget Allocation, Keen for Review’

Sri Lanka is known to be unhappy with the funds allocated to it by India in its latest Budget, which when compared to that allocated for other close neighbours and even Indian Ocean Region countries, is small. While Sri Lanka is India’s closest Indian Ocean Region neighbour and shares centuries-old close links, Colombo has been pipped by IOR countries Mauritius and the Maldives, who are the beneficiaries of India’s largesse in this year’s budget. Read More…