It is a matter which pertains to a very close neighbour and given the near proximity, we naturally worry about the consequences, said Jaishankar, , s jaishankar, Sri Lanka Crisis
The external affairs minister said that the crisis in Sri Lanka has "very strong" lessons of fiscal prudence, responsible governance and not having "a culture of freebies".
Island nation is facing its worst economic crisis in seven decades, with a severe foreign exchange shortage hampering the import of essentials, including food, fuel and medicines.
The economic crisis has also sparked a political crisis in the island nation after a popular uprising against the government. Acting president Ranil Wickremesinghe has declared a state of emergency in the country.