Highlights

  • How did Sri Lanka's economic situation get so dire?
  • What other countries can fall into China's 'debt trap'?
  • How can India help?

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The India Story | Sri Lanka crisis: Can political change help dire economic situation?

Sri Lanka has no fuel left, inflation is at over 50%, and the health system is on the brink of collapse. Can a new political regime steer the country out of this crisis? Vikram Chandra discusses with economic and political experts.

The India Story | Sri Lanka crisis: Can political change help dire economic situation?

Sri Lanka is going through its worst economic crisis in decades. As protestors have stormed the official residences of the country’s former President and Prime Minister, and treated themselves to their luxuries, the citizens are facing the brunt of the scarcities. The country has no fuel to run essential services, inflation is running at more than 50%, and a lack of medicines has brought the health system to the brink of collapse.

As a new political regime is set to take over in the island country, can they restore public trust in government and steer Lanka out of crisis? How can close neighbour India help? Vikram Chandra discusses with political and economic experts, and sports icon Sanath Jayasuriya, on this week’s episode of The India Story.

Also Watch: The India Story | “Power misused across spectrum”: Courts need to defend individual liberty?

We also look into how China’s ‘debt-trap diplomacy’ trap may have contributed to Sri Lanka’s downfall, and which other countries should be on the lookout for this predatory lending policy.

Watch The India Story with Vikram Chandra, Fridays at 8PM.

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