header logo
සිංහලதமிழ்
Vallibel FD
vallible LE
Latest
Sri Lanka and India to sign MoU for Rs. 2,371 mln development projects in East
Google NewsAdd on Google
Sri Lanka and India to sign MoU for Rs. 2,371 mln development projects in East
Mobitel inner 1278

The Cabinet of Ministers has approved the signing of a Memorandum of Understanding (MoU) aimed at strengthening socio-economic development and enhancing bilateral cooperation between India and Sri Lanka.

 

This initiative, presented to the Cabinet by President Anura Kumara Dissanayake, will allocate Rs. 2,371 million for various development projects in the Eastern Province. 

 

Accordingly, the focused areas of these projects include education, health, agriculture, irrigation, tourism, and community empowerment.

 

A total of 33 projects have been identified under this initiative, which will focus on improving infrastructure, boosting economic development, and fostering the social empowerment of the people in the Eastern Province.

 

Consequently, the Indian government is set to provide Rs. 2,371 million for these projects, with specific allocations including Rs. 315 million for education, Rs. 780 million for health, Rs. 620 million for agriculture, and Rs. 230 million for fisheries.

 

Accordingly, the Cabinet has approved the signing of the MoU to proceed with this project.

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
"Turn budget promises into reality" Sajith says development projects must deliver tangible benefits

"Turn budget promises into reality" Sajith says development projects must deliver tangible benefits

“SL has reached a macro-stabilisation milestone” Govt. defends its investment and procurement policy

“SL has reached a macro-stabilisation milestone” Govt. defends its investment and procurement policy

Another bankruptcy risk? Opposition questions feasibility of Rs. 2 trillion capital spending target

Another bankruptcy risk? Opposition questions feasibility of Rs. 2 trillion capital spending target

Global Lankan Entrepreneur Club launched; Dilith Jayaweera unveils global business platform

Global Lankan Entrepreneur Club launched; Dilith Jayaweera unveils global business platform

Heavy rains expected in Northern and Eastern areas - Met Department warns

Heavy rains expected in Northern and Eastern areas - Met Department warns

Van driver arrested after collision with motorcycle kills father and son in Chavakachcheri

Van driver arrested after collision with motorcycle kills father and son in Chavakachcheri

Laugfs Gas CEO apologises to consumers over LP gas shortage, explains price hike

Laugfs Gas CEO apologises to consumers over LP gas shortage, explains price hike

Policy inconsistencies hinder investor confidence - Tax specialist says at post-budget forum

Policy inconsistencies hinder investor confidence - Tax specialist says at post-budget forum

SEC backs key 2027 Budget proposals to strengthen capital market

SEC backs key 2027 Budget proposals to strengthen capital market

‘AI Center of Excellence’ aims to develop industry-specific solutions-Dy Minister of Digital Economy

‘AI Center of Excellence’ aims to develop industry-specific solutions-Dy Minister of Digital Economy

JVP marks 37th November Heroes’ Day under President’s patronage today

JVP marks 37th November Heroes’ Day under President’s patronage today

Debate on Second Reading of 2027 Budget gets underway in Parliament

Debate on Second Reading of 2027 Budget gets underway in Parliament

SC clears PSTA Bill for passage with simple majority; Four amendments required at Committee Stage

SC clears PSTA Bill for passage with simple majority; Four amendments required at Committee Stage

Rajangane Saddharathana involved inclash at A’pura protest siteThree monks takeninto police custody

Rajangane Saddharathana involved inclash at A’pura protest siteThree monks takeninto police custody

2027 Budget deficit projected at Rs.1.75 trillion;Tax-free income threshold increased to Rs.162,500

2027 Budget deficit projected at Rs.1.75 trillion;Tax-free income threshold increased to Rs.162,500

Lassana Flora