LILI Cheese, a pioneer farmhouse cheese manufacturer in Sri Lanka, has developed a ready-to-serve whey protein beverage as a joint effort with the National Science Foundation (NSF) Whey protein is a popular source of nutrition for sportswomen and children in a variety of forms. The objective of the research was to come out with a […]
BY S VENKAT NARAYAN Our Special Correspondent NEW DELHI, February 6: The unilateral scrapping by Sri Lanka of the trilateral agreement on developing the strategic East Container Terminal (ECT) at the Colombo Port has upset both India and Japan. Last week, Sri Lanka unilaterally pulled out of the 2019 agreement with India and Japan after […]
Sri Lankaâs economic past isnât very bright. Scrapping deals with India wonât help its future
Given the sensitive nature of New Delhi-Colombo relations, it would be prudent for India to approach the subject cautiously.
Seshadri Chari 5 February, 2021 10:46 am IST Text Size:
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Amid the ongoing farmersâ protest and an eight-month-long standoff with the Chinese at the LAC, the news from Colombo â of Sri Lanka going back on the 2019 agreement with India and Japan to build the East Container Terminal at the Colombo Port â should raise alarm bells in some quarters of the Narendra Modi government. While Sri Lankaâs unilateral decision has been frowned upon by New Delhi and Tokyo alike, Colombo appears to be planning some kind of balancing act to placate all stakeholders after its U-turn.
Prof. N.A. De S Amaratunga in his piece “Is government in self-destructive mode? in The Island of 22 Jan. said more than 60% of people who voted for this government were poor rural people and he has emphasized the need to focus on these people. The livelihood of nearly 70% of those living in rural areas is farming. As per the policy manifesto of President Gotabaya Rajapaksa, ‘Vistas of Prosperity and Splendour’ (
‘Rata Hadana Saubhagyaye Dekma’), one of the main objectives of the government is creating a people-centered economy through rural development. The Finance Minister in his budget speech presented recently, too, emphasized the importance of improving the Rural Economy. Thus, the government has emphasized the need to improve the rural economy.
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