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Santosh Jha

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Situations

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India-funded housing projects in Sri Lanka

2 clusters · 4 sources · last updated

Latest: India-backed housing project launches foundation for 57 homes in Sri Lanka's Badulla district

In late July 2026, Sri Lanka inaugurated two India‑funded model villages—Nanda Gama in Kegalle and Jana Aruna Gama in Kalutara—handing over 24 housing units per village to 48 low‑income families. The ceremonies, attended

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Sri Lanka financing boost: World Bank, ADB, India aid

16 clusters · 50 sources · last updated

Latest: Sri Lanka receives over $7.5 bn Indian aid and $200 mn ADB loan to boost development

In early July 2026 the World Bank re‑classified Sri Lanka and the Philippines as upper‑middle‑income economies, citing 5 % real‑GDP growth in Sri Lanka and an average 5.8 % expansion in the Philippines. The upgrades were