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India gifts kerosene to fishermen in Northern islets in soft-peg collapse

May 28, 2022 11:19:42 AM - economynext.com

ECONOMYNEXT – India has gifted 15,000 liters of kerosene to fishermen in several islets in the North of the island as the currency collapsed after two years of money printing by the central bank creating forex and fuel shortages.

“15000 liters of kerosene gifted to 700 fishermen of Delft, Nainativu, Eluvaitivu & Analitivu,” India’s High Commission in Colombo said in a twitter.com message.

India’s High Commissioner in Colombo Raakesh Natraj and Fisheries Minister Douglas Devananda had initiated the distribution.

A part of the fuel will also go power a ferry service between the island, the Indian High Commission said.

In a separate statement the Indian High Commission said a consignment of kerosene was sent to Colombo on the Indian landing craft (INS) Gharial for the use of fishermen in Sri Lanka.

The kerosene will be distributed to fishermen a several fishery harbors. (Colombo/ May 28/2022)