1 Comment Crisis-hit Sri Lanka and Russia will be the first countries to use the Indian rupee trade settlement mechanism. This allows countries to use Indian rupees instead of dollars and other major currencies for International transactions. The Reserve Bank of India (RBI) has approved banks to open 5 special rupee trading accounts, called Vostro accounts, for […]
No Comments This strategy of China has led countries like Pakistan and Sri Lanka to become subjects of neo-colonialism, where the sovereignty of the state gets challenged. For the past few years, under the banner of the ‘Neighborhood First’ Policy, India has been helping Sri Lanka at different levels. Despite Sri Lanka often tilting towards China, India’s […]
1 Comment Protestors opposed the Gotabaya government with the slogan ‘Gota Go Home’ in response to Sri Lankan President Gotabaya Rajapaksa’s mismanagement, corruption, nepotism, and bad governance. Relations between India and Sri Lanka deteriorated under Mahinda Rajapaksa’s administration while the President utilised Chinese funding to gain local legitimacy and strengthen his hold on power. Keeping with India’s […]
No Comments “Migration expresses the human aspiration for dignity, safety and a better future. It is a part of the social fabric and our very make-up as a human family.” – Ban Ki-moon Moving to another territorial entity from one’s homeland is often viewed positively. Nonetheless, given the current world order, lessons and impact cannot be understood […]
1 Comment China docked its ‘spy ship’ in the Hambantota port in Sri Lanka for several days. Despite India’s reluctance and insistence against this decision, Sri Lanka allowed the ship to be docked, buckling down under Chinese pressure. This move has several tactical and strategic consequences on the South Asian region and especially on India’s influence in the […]
2 Comments (This is the concluding part in the 2-part series on Dr BR Ambedkar and Veer Savarkar. First part can be read here) Over one hundred years ago Vinayak Damodar Savarkar had dreamt of creating a naval fortress to protect India. The analysis by one of the greatest strategic thinkers of modern India has never been […]
No Comments Sri Lanka never focused on wealth creation, but only on the wealth distribution, by taking endless loans from international players and organisations. There are some pro LTTE Tamil elements who are hijacking protests which might lead to the return of extremism and the reign of terror. India must develop a bilateral security pact with Sri […]
No Comments Sri Lanka’s $81 billion economy struggled to manage its external debt, which had grown in part due to loans from China to fund ambitious infrastructure projects. Family control in government is not liked by the opposition and the people. They blame their dynasty for the crisis and mismanagement. From 2020 onwards with the arrival of […]
No Comments Sri Lankan President Gotabhaya Rajapakse has appointed a 14-member “One Country, One Law” task force headed by Bodu Bala Sena leader Gnanasara. In an October gazette, the President declared that as “no citizen should be discriminated against in the eyes of the law” he was establishing a task force “to study the concept of a […]
No Comments On Tuesday 2nd September, Sri Lankan President Gotabaya Rajapaksa declared an economic emergency to contain soaring inflation. The move came after a spike in food price which was caused by the steep fall in the value of the country’s currency. The emergency came into effect at midnight on Tuesday. The emergency was declared following sharp […]
