India to provide Rs 300 million aid

India will provide an assistance of Rs 300 million to Sri Lanka for livelihood development, including the fisheries sector, in the southern Hambantota district, an official said today.

Sri Lanka government spokesman Gayantha Karunathilake said that the Indian government has agreed to provide the grant for livelihood development in Hambantota district.

Part of the grant is expected to be used for developing fisheries villages in the district.

Accordingly, the proposal made by Mahinda Amaraweera, Minister of Fisheries and Aquatic Resources Development, to sign an agreement between the two countries for the same was approved by the Cabinet, Karunathilake said. (Economic Times)