Four-pronged plan on Sri Lanka crisis
The Hindu
Trincomalee oil farms, Indian investments to be speeded up, says Colombo
India and Sri Lanka agreed to a four-pronged approach to discuss initiatives on food and energy security to help mitigate , during a two-day visit by Sri Lankan Finance Minister Basil Rajapaksa to New Delhi.
The decisions included a four-pillar initiative, comprising lines of credit for, medicines and fuel purchases granted by India, a currency swap agreement to deal with Sri lanka’s balance of payment issues, an “early” modernisation project of the Trinco oil farms that India has been pursuing for several years, and a Sri Lankan commitment to facilitate Indian investments in various sectors.
Everyone talks about the Airport Metro, but one look at the pillars and completion seems nowhere in sight. Meanwhile, a faster, cheaper, roomier alternative called the Suburban Rail Airport Corridor is finally getting off the drawing board. This dedicated corridor with its specialised coaches will link the airport to vast stretches of Bengaluru, where the metro connection is still years away.