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Jaishankar says in all parties’ meeting; economic crisis in Sri Lanka severe; similar situation will not occur in India

By wasmulhaq 
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New Delhi: The government has clarified its stance on Tuesday that India is serious about the ongoing economic upheaval in Sri Lanka. The crisis in the tiny country gives us a lesson to keep our eyes on the economic situation and not to promote “a culture of freebies”.

Representatives from 28 parties were present in the meeting. External affairs minister S Jaishankar has cleared the air that a Sri Lankan-type situation is not going to take place in India.

External Affairs Minister S Jaishankar on Tuesday said Sri Lanka is facing “a very serious crisis” that makes India naturally worried. He made the remark during an all-party meeting held in Delhi.

Jaishankar and Parliamentary Affairs Minister Pralhad Joshi briefed the meeting, attended by opposition leaders such as Congress leaders P Chidambaram and Manickam Tagore, NCP’s Sharad Pawar and TR Baalu, and MM Abdulla of the DMK.

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Jaishankar also said there is some misconception in the minds of many people that such a kind of economic crisis may occur in India.

“We do not think that a Sri Lanka-like situation can arise in India.” But there was logic to what we were trying to do. We were trying to highlight the importance of fiscal prudence. So it was not that we highlighted one or two states; we had almost every state. “There was no political intent in this,” Jaishankar said of the presentation on the states’ fiscal health.

In the leadership of Prime Minister Narendra Modi, we have a lot of amounts added by Jaishankar.

India has been supporting its neighbouring Sri Lanka since the emergence of an economic crisis in January. India has supported the island nation with an amount worth USD 3.8 billion, providing essential items to Sri Lanka. No country has given this kind of support to Sri Lanka.

Sri Lanka has been facing its worst economic crisis since its  independence in 1948. Due to a shortage of foreign exchange, it is not in a position to import necessary items such as food, fuel, and medicine.

The economic difficulties have also caused a commotion in Sri Lankan politics. People are blaming the government for the emergence of such a situation in the country. Public anger is on the rampage. A state of emergency has been declared in Sri Lanka by acting president Ranil Wickremesinghe.

 

 

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