Go Unlimited with Magzter GOLD

Go Unlimited with Magzter GOLD

Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just

$149.99
 
$74.99/Year

Try GOLD - Free

Message from High Commissioner of India

The Island

|

August 15, 2025

H. E. Santosh Jha

My dear brothers and sisters from Sri Lanka, Namaskar, Ayubowan, Vanakkam!

On this 79th Independence Day of India, I extend my warm greetings to all of you. Today, a resilient and rising India celebrates its independence not only as a democracy that upholds the aspirations of its people but also as a nation whose rise today is measurable and unstoppable; a nation that is not only lifting millions out of poverty, but also sending Missions to moon.

India is now the world's fourth-largest economy with a GDP exceeding USD 4 trillion, growing at an annual rate of 6.2% (IMF, 2025). This growth is not limited to statistics it reflects rising incomes, expanding opportunities, and the strengthening of economic foundations across the country. India is projected to become the third-largest economy by 2028, overtaking Germany.

What makes this growth particularly significant is its inclusive nature. According to World Bank data, extreme poverty in India has fallen sharply from 27.1% in 2011-12 to just 5.3% in 2022-23. At the same time, inequality has declined. India now ranks as the fourth most equal country globally on the Gini Index, with a score of 25.5, placing it in the "moderately low" inequality category.

These outcomes are the result of bold policy reforms and systemic transformation. Key initiatives like the Goods and Services Tax (GST) and the Unified Payments Interface (UPI) have modernised India's economy. Social protection schemes such as Ayushman Bharat and Jan Dhan Yojana have extended health and financial inclusion to millions, ensuring that growth reaches the most vulnerable.

MORE STORIES FROM The Island

The Island

The Island

‘Building Blocks’ of early childhood education: Some reflections

In infancy and childhood is laid the groundwork for an integrated personality in the making, in preparation for adaptation to the outside world.

time to read

6 mins

January 23, 2026

The Island

The Island

Three people shot dead in New South Wales; town in lockdown

(AA) At least three people were killed in New South Wales on Thursday, Australian police said.

time to read

2 mins

January 23, 2026

The Island

The Island

LOLC Holdings, PickMe and Browns EV collaborate to accelerate Sri Lanka’s transition to inclusive electric mobility

LOLC Holdings PLC has entered into a strategic mobility collaboration with PickMe, to accelerate the adoption of electric vehicles (EVs) while creating an inclusive and sustainable vehicle ownership pathway for independent ride-hailing drivers across the country.

time to read

3 mins

January 23, 2026

The Island

Opposition slams sitting HC judge's appointment as Justice Ministry Additional Secretary

... alleges Prez trying to control judiciary

time to read

2 mins

January 23, 2026

The Island

Power policy consultation 'sham', say consumers

The Electricity Consumers' Association has raised serious concerns over the consultation process for the proposed National Electricity Policy, describing it as inadequate and legally questionable.

time to read

2 mins

January 23, 2026

The Island

JVP stunted Lanka's progress by opposing education reforms: SJB

Sri Lanka could have been in a position to be even ahead of South Korea today if the JVP had not opposed the Education White Paper in the early 1980s, Colombo District SJB MP Mujibur Rahuman told Parliament yesterday.

time to read

1 min

January 23, 2026

The Island

The Island

DPMC unveils Bajaj electric three-wheeler in Sri Lanka, setting a new benchmark in sustainable mobility

BAJAJ, Sri Lanka's most trusted three-wheeler brand, represented by David Pieris Motor Company (Private) Limited (DPMC), has announced the introduction of the BAJAJ Electric Three-Wheeler, marking a major milestone in the country's transition towards sustainable and cost-effective mobility solutions.

time to read

1 min

January 23, 2026

The Island

The Island

Local entrepreneurs propose high-quality saree manufacturing in Sri Lanka to curb forex outflow

A group of local entrepreneurs is urging the government to overhaul the nation's textile import policy, proposing a bold shift toward domestic saree manufacturing to stem the critical outflow of foreign exchange.

time to read

2 mins

January 23, 2026

The Island

The Island

Second Bailey bridge built under India's post-Ditwah reconstruction assistance programme inaugurated

Road constructed under India’s USD 450 million Reconstruction and Rehabilitation Assistance to Sri Lanka.

time to read

1 mins

January 23, 2026

The Island

The Island

LB Finance continues growth momentum. PAT up 24% to Rs. 8.9 bn

LB Finance PLC reported a strong financial performance for the nine months ended 31 December 2025, recording a 24% year on year increase in Profit After Tax (PAT) to Rs. 8.93 billion, underpinned by sustained income growth and a sound financial position.

time to read

1 min

January 23, 2026

Listen

Translate

Share

-
+

Change font size