india SL Courtesy: Business World
18 May 2023

India and Sri Lanka Beyond the IMF

The Sri Lankan economy is showing signs of stabilizing after experiencing the worst contraction in its history in 2022. Decisive policies by President Ranil Wickremasinghe, timely Indian aid, and an IMF Programme have laid the groundwork for a return to growth. India and Sri Lanka must now shift from an aid relationship to one which deepens bilateral trade and investment flows.

unnamed (1) Courtesy: Ministry of External Affairs, India
7 April 2022

A formal, opportune BIMSTEC

The recently concluded BIMSTEC summit is now a regional intergovernmental organization with a formal charter, giving it a clear mission and legality and a destiny linked to South and South East Asia. It is now better equipped to accelerate economic development for the fifth of the world’s population, which contributes only 4% of global GDP.

rajapaksa Courtesy: Sudath Silva/Flickr
12 August 2015

Will Rajapaksa return?

After losing power in January, Mahinda Rajapaksa, former president of Sri Lanka, is trying to re-enter politics by contesting for the prime minister’s seat in the elections on August 17. If he wins, it could destabilise Sri Lanka’s politics and impact relations with India, which had been hit under Rajapaksa’s rule. The future scenario will become clearer by next week.

Rajapaksa Courtesy: Wikipedia.org
15 January 2015

Mahinda Rajapaksa: down but not out

Incumbent Sri Lankan president Mahinda Rajapaksa lost to his opponent Maithripala Sirisena in the recent elections. The reasons have been attributed to nepotism and dwindling support from the Sinhala community. With considerable challenges awaiting the new government, it would be wise to not rule out a return of Mahinda