Saturday, 14 December 2019 09:22

‘India extends US$ 100 million credit line to develop solar projects in Sri Lanka.

India has announced a USD 100 million credit line to develop solar projects in Sri Lanka. Both India and Sri Lanka have also been jointly funding research programmes in Science & Technology for close to a decade and are partners in South Asia satellite which aids socio-economic development and welfare needs of the region through tele-education, tele-medicine, disaster management support etc.

India and Sri Lanka have long history and tradition of harmonious coexistence between man and nature. Both countries have values that cherish, nourish and protect environment.

‘India and Sri Lanka going green is not a new motto and has always been part of its very existence. Two countries are only building on to their legacy.’

This was disclosed by High Commissioner of India HE Taranjit Singh Sandhu when he addressed at the 2nd International Symposium on Social Sciences in Colombo.

The 2nd International Symposium on Social Sciences and Humanities is being organised by the National Centre for Advanced Studies in Humanities and Social Sciences (NCAS) in collaboration with University Grants Commission and Ministry of Higher Education of Sri Lanka on 12 and 13 December 2019.

The theme for this year’s symposium is ‘Development towards Sustainability’.High Commissioner of India HE Taranjit Singh Sandhu participated as the Chief Guest at the event.

In his address, he focused on the importance of innovation for a clean, green, smart and sustainable growth. He mentioned that India is home today to 26 unicorns ie. startup companies valued at over $1 billion. He also complimented spirit of innovation amongst young Sri Lankan scientists who are now making satellites and are providing key elements of software to global giants such as Ebay and Syscolabs.

Noting the efforts made by India and Sri Lanka towards building a greener, cleaner planet, High Commissioner mentioned that India and Sri Lanka are Founding Members of important initiatives such as International Solar Alliance, which focuses on renewables.

(LI)

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