Sri Lanka economic meltdown: Modi Govt sends 11,000 metric tonnes of rice

Sri Lanka has halted debt repayment pending IMF bailout. Finance Minister stated all creditors, including foreign governments, are free to capitalise on any interest payments due or opt for payback in Sri Lankan rupees. As per the International Monetary Fund, crisis-hit Sri Lanka's debt-to-GDP ratio was 119% in 2021. The 'dark age' & massive resource crunch - long power cuts & dearth of essential medicines at hospitals.