Category: Economy
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Sri Lanka to get US$350mn equivalent cyclone aid in Indian rupees
India is set to disburse approximately USD 350 million, out of a total of USD 450 million committed for cyclone recovery efforts in Sri Lanka, in Indian rupees, according to High Commissioner Satosh Jha. Of this aid package, USD 100 million will be provided as grants. High Commissioner Jha stated, “The assistance will be multi-pronged,