BANGLADESH LOAN GIVEN DEADLINE TO BE SETTLED IN ANOTHER SIX MONTHS

SL given another 6 months to settle Bangladeshi loan!

 

In response to a request made by Sri Lanka, Bangladesh has given another six months to settle the loans obtained by Sri Lanka.

Bangladesh said the extension was given due to the economic crisis in Sri Lanka.

Sri Lanka has received a loan of USD 200 million from Bangladesh.

 

UP NEXTSL woman in Omani safe house dies!

DON’T MISSEthimale OIC arrested for supplying cannabis to Monaragala SSP

NEWS

CPC high-level delegation to visit SL

A high-level delegation of the Communist Party of China (CPC) led by its International Department Vice Minister Chen Zhou will visit Sri Lanka from tomorrow (14) to Jan. 18, diplomatic sources.

This is the first official visit of the Chinese party to the island in the new year of 2023 and after the 20th CPC National Congress.

The delegation is scheduled to meet leaders of the government and political parties of Sri Lanka, and host a briefing on the CPC National Congress, to promote the bilateral relations and inter-parties exchanges between China and Sri Lanka, sources add.

 

CONTINUE READING

NEWS

Tamil Nadu Assembly adopts resolution to revive Sethusamudram project

Tamil Nadu Assembly on Thursday unanimously adopted a resolution nudging the Union Government to revive the Sethusamudram Shipping Canal project that envisages connecting the Gulf of Mannar and Palk Strait to create a continuous navigable channel around the India peninsula without having to circumnavigate Sri Lanka.

The project, which was originally conceived in the 19th century by the then British regime, got wrangled in a controversy following apprehensions that it would damage Ram Setu, a bridge that connects India with Sri Lanka as per Ramayana. A case in connection with the project is currently pending before the Supreme Court.

The then Tamil Nadu Chief Minister M Karunanidhi had also added fuel to the fire by asking whether Lord Ram was an “engineer” to have built a bridge between the two countries.

Moving a government resolution in the Assembly, Chief Minister M K Stalin referred to a recent statement by Union Minister of State for Space Jitendra Singh that it was difficult to actually pinpoint the exact structure that existed (in the Rameswaram coast) to push for the multi-crore project’s revival. All parties, including AIADMK and BJP, supported the resolution, which was passed unanimously by the House.

Work on the project, permission for which was granted by the then A B Vajpayee government in 1998, commenced on July 2, 2005 after the then Manmohan Singh government allotted Rs 2,427 crore. However, the project, which was put on hold in 2007, never saw the light of the day due to opposition from various quarters, including from the BJP.

Terming the project as “essential to strengthen the economic development of Tamil Nadu and India”, Stalin accused the BJP of being a “stumbling block” in implementing the project by raising objections and also recalled that late chief minister J Jayalalithaa changed her stance on the project and moved the Supreme Court against the scheme.

“If political stumbling blocks weren’t raised, the project would have been implemented a decade ago, leading to development,” Stalin told the Assembly, and reminded the BJP of its promise that the project will be implemented with a different alignment.

But Jitendra Singh has told Parliament that it is difficult to actually pinpoint the exact structure that existed there, Stalin said, adding that the Union Government should come forward to implement the project, given its current stand.

“This House expresses concern that the continued delay in execution of this Project will be a stumbling block for the development and growth of Tamil Nadu. This august House is of the considered view that the attempts to further delay the implementation of this Project by certain forces is against the interest of our nation’s growth,” the resolution said.

The project aims at creating a shipping canal by linking the Palk Bay and the Gulf of Mannar between India and Sri Lanka. This will not just help reduce the navigation time between the east and west coasts of India, but also prevent ships from circumnavigating Sri Lanka.

“This project will help fishermen travel from Gulf of Mannar to Palk Straits and prevent transhipments of Indian goods at ports in Sri Lanka and other countries. Besides, the project will also strengthen India’s security, and provide jobs to 50,000 people,” Stalin said.

BJP floor leader Nainar Nagendran supported the resolution and said the project should be implemented in a way that does not affect Ram Setu in any manner. AIADMK member Pollachi V Jayaraman objected to references that Lord Ram was an imaginary character and there was no proof to show his existence.

(deccanherald.com)

 

CONTINUE READING

NEWS

30 short train journeys suspended from Monday

30 short train journeys will be suspended from next Monday (Jan. 16), Sri Lanka Railways says.

The suspended train journeys include 18 on the main line, 08 on the coastal line as well as 02 journeys each on the Puttalam and Kelani Valley lines.

The measure is taken to minimize inconvenience to passengers and to reduce costs.

 

CONTINUE READING
ADVERTISEMENT
NEWS10 hours ago

CPC high-level delegation to visit SL