India Provided 50 Buses to Sri Lanka Under Economic Assistance Scheme

India delivered fifty buses to Sri Lanka at the Presidential Secretariat premises as Sri Lanka celebrated its 75th Independence Day.

India delivered fifty buses to Sri Lanka at the Presidential Secretariat premises as Sri Lanka celebrated its 75^th Independence Day. High Commissioner of India Gopal Baglay handed over the buses to Sri Lanka’s President Ranil Wickremesinghe.

Ashok Leyland, the commercial vehicle maker Ashok Leyland had bagged the contract for supplying 500 buses to the Sri Lank Transport Board. The order is a part of a Line of Credit extended by the Export-Import Bank of India, under the Economic Assistance Scheme of the Indian government.

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India Provided 50 Buses to Sri Lanka Under Economic Assistance Scheme – Key Points

In January, India gave 75 buses as part of its support to strengthen the transport of its southern neighbor which is going through its worst economic crisis since the 1948 independence from the British colony.
Marking Sri Lanka’s 75th Independence anniversary, India has handed over another 50 buses to strengthen the rural transport services in Sri Lanka.
India has handed over 165 buses so far, as the registration of 40 is already being done.
President Wickremesinghe has instructed to use all the buses received from India to strengthen the transport services in rural Sri Lanka.
Handing over 75 buses in January, the Indian High Commission stated that the assistance given as part of its `Neighbourhood First` policy was to support mobility and accessibility in Sri Lanka.
Five hundred buses are being supplied to Sri Lanka through Indian assistance towards strengthening public transport infrastructure stated by the High Commission.
India has also handed over 125 SUVs to the Sri Lanka Police under the line of credit to help with the mobility restriction issues faced by the security personnel.