With reference to 'Operation Sagar Bandhu', consider the following statements:
1. It was launched by India to provide reconstruction assistance to Sri Lanka following the devastation caused by Cyclone Ditwah.
2. The financial assistance package provided under this operation consists entirely of non-repayable grants.
Which of the statements given above is/are correct?

Question

Accepted Answer

A: 1 only — Statement 1 is correct as Operation Sagar Bandhu was launched to aid Sri Lanka post-Cyclone Ditwah. Statement 2 is incorrect because the USD 450 million package is a mix of both a USD 100 million grant and a USD 350 million concessional Line of Credit (LoC).

Launch of Operation Sagar Bandhu in Sri Lanka

Inaugural Supercomputing India Summit 2025