Ranil Wickremesinghe predicts India as global superpower by 2050

Former Sri Lankan President Ranil Wickremesinghe asserted that India has reached its “takeoff point” toward becoming an economic superpower. Speaking at the NXT 2025 Conclave in New Delhi, he predicted that by 2050, India would emerge as one of the three global superpowers, alongside the United States and China.

Reflecting on his six-decade association with India, Wickremesinghe emphasized the country’s economic trajectory, calling it the driving force that could propel South Asia into a new era of prosperity. “I have been coming to India since 1963. It’s now that you have to see it. India has reached the take-off point to become an economic superpower,” he stated.

According to Wickremesinghe, India’s GDP, currently at approximately $3.5 trillion, is expected to soar to $30 trillion by 2050. He highlighted that this extraordinary expansion would reshape the region’s economy, fostering supply chains, manufacturing clusters, and economic corridors benefiting nations such as Bangladesh, Nepal, and Sri Lanka.

Call to Redefine South Asia’s Identity

Wickremesinghe urged South Asia to reassess its identity, starting with rejecting externally imposed terminologies. “The terminology is not ours. It comes from the West. You do not come across this term in any of the South Asian languages, nor in any Indian language. It was in 1949 that the U.S. Security and Defense Establishment, through one of its subcommittees, decided to call our area South Asia. We simply adopted it,” he remarked.

Comparing the region’s integration progress with ASEAN, he pointed out that South Asia has lagged behind. “Unlike ASEAN, which built its own successful integration and became part of the Asia-Pacific, South Asia has made very slow progress. Our heads of government haven’t met since 2014. Yet, we are bound by strong commonalities—languages, culture, and civilizational ties,” he added.

Wickremesinghe envisioned an expanded “Greater South Asia” extending beyond SAARC’s current boundaries, incorporating the Indo-Gangetic Plain, the Indian Peninsula, the Himalayas, Afghanistan, and the Indian Ocean islands. He also stressed the need for stronger economic ties linking the region with Southeast Asia, the Arabian Sea, and the Mediterranean.

India’s Economic Surge and Regional Trade Dynamics

Wickremesinghe predicted that South India alone would develop into a $6 trillion economy by 2050, naturally fostering economic corridors connecting Sri Lanka, Bangladesh, Nepal, and Southeast Asia into an India-centric supply chain. He also pointed out that while China’s trade with ASEAN is expected to triple, India’s trade could grow nine-fold, potentially bringing ASEAN closer to India than China over time.

However, he warned against protectionist trade policies in the region, stating that “the vestiges of Nehruvian socialism” still persist in South Asia’s economic strategies.

Source: Pratidin Time

‘You didn’t drop Adani, Adani dropped you’: Mano Ganesan slams govt

Tamil Progressive Alliance (TPA) leader and opposition MP Mano Ganesan on Saturday slammed the Sri Lankan government over the exit of Adani Green Energy from the island nation, saying that it has sent the wrong signal to the world.

Speaking in Parliament during a debate, Ganesan accused the government of mishandling the project and asserted that it was not the administration that dropped Adani, but rather the Indian conglomerate that abandoned the government.

“You didn’t drop Adani. The truth is Adani dropped you,” he said, criticising the government and President Anura Kumara Dissanayake over its handling of the project.

Furthermore, the opposition MP also argued that the Adani project was not just about supplying energy to Sri Lanka’s domestic grid but also aimed at exporting power to India, a move that could have generated revenue for the island nation.

“Our concerns over pricing, if any, could have been negotiated. Instead, this government failed to recognise the long-term economic benefits of energy exports to India,” Ganesan said.

The MP also questioned President Anura Dissanayake’s recent visit to the United Arab Emirates, questioning its outcome.

“President went to the UAE and returned. What happened there? Is any investment coming in? International investors, especially from the Middle East and Europe, would only consider Sri Lanka if Indian partnerships were in place,” he said.

Ganesan also described Adani’s withdrawal as a “major blunder” that could deter future investments in Sri Lanka, particularly in the renewable energy and infrastructure sectors.

Taking to social media, Ganesan reiterated his concerns and said, “The prospective energy export through grid connectivity with India would have brought revenue to Sri Lanka. You failed to understand this with an eye on the future. The exit of Adani has sent wrong signals to potential foreign investors looking at Sri Lanka”.

Last month, Adani Green Energy announced its withdrawal from two proposed wind power projects in Sri Lanka, following the new government’s decision to renegotiate tariffs. The decision was conveyed in a letter sent by the company to Sri Lanka’s Board of Investment.

Adani’s renewable energy arm had planned a USD 442 million investment in Sri Lanka’s wind power sector, covering both generation and transmission. However, the newly-elected government under President Anura Kumara Dissanayake aimed to cut electricity costs tied to Indian conglomerate’s energy projects in the country.

Source: India Today

Nominations period for 2025 LG Elections announced

Nominations for the upcoming Local Government Elections will be accepted from March 17, 2025 to March 20, 2025, the Elections Commission announced.

The deadline for submissions is 12 noon on the final day.

The relevant gazette notification has already been sent for printing, according to Additional Election Commissioner M.M.S.K. Bandara Mapa.

However, the Commission did not announce the date for the elections, which originally were to be held in January 2023.

The polls were delayed after then President Ranil Wickremesinghe declared there were no funds to hold the elections after the country faced an unprecedented economic crisis in 2022.

The new government led by President Anura Kumara Dissanayake passed the Local Authorities Elections (Special Provisions) Bill on February 17 with an overwhelming majority to hold the delayed polls and allow the Election Commission to withdraw the previous election.

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Ex-Army Intelligence personnel arrested over Keith Noyahr abduction granted bail

The two former Sri Lanka Army Intelligence personnel, who were arrested on suspicion of being involved in the abduction and assault of journalist Keith Noyahr in May 2008, have been granted bail by the Mount Lavinia Magistrate’s Court, Ada Derana reporter said.

Accordingly, the two suspects were ordered to be released on two surety bails of Rs. 1 million each.

The two suspects had been arrested yesterday (01) in the Nawagaththegama and Elayapaththuwa police divisions by officers of the Criminal Investigation Department (CID) based on investigations into the assault on journalist Keith Noyahr in May 2008.

On May 22, 2008, journalist Keith Noyahr, was assaulted after being abducted in a van in the Waidya Road area of the Dehiwala Police Division.

The arrested suspects are two retired Army Intelligence personnel from the Military Intelligence Corps (MIC), aged 42 and 46, and residents of the Nawagaththegama and Ulukkulama areas.

The CID is conducting further investigations into the incident.

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TN Governor meets protesting fishermen, promises to escalate SL Navy issue

Tamil Nadu Governor RN Ravi has engaged with Indian fishermen protesting the Sri Lankan Navy’s arrest of 32 of their colleagues and seizure of five boats on February 23.

During the Sunday meeting, Governor Ravi assured the demonstrators he would raise their concerns with both state and central authorities.

Following the discussion, however, Ravi criticized the DMK-led Tamil Nadu government, suggesting they should adopt a “constructive approach” rather than “politicizing” the situation.

The arrests occurred near the North Mannar region, with Sri Lankan authorities claiming the fishermen had crossed the international maritime boundary.

This incident has sparked widespread protests across Tamil Nadu’s coastal communities.

“I totally understand your problem. The solution can be derived only by the state and the central government together, and I’ll try for that,” Ravi told the fishermen while listening to their grievances.

In a subsequent social media post, the Governor described the fishermen as “victims of an iniquitous agreement of 1974,” which he characterized as insensitive to the livelihood concerns of Tamil Nadu’s fishing communities.

He stated that previous governments in Delhi and Chennai had “committed a grave sin” by depriving fishermen of traditional fishing rights around Katchatheevu island.

“Instead of politicising this issue and faulting the Central Government, a constructive approach by the State Government will go a long way in wiping the tears of our affected people,” Ravi added, noting that the party currently ruling Tamil Nadu was an ally of the central government responsible for the 1974 agreement.

The protests, now in their third day, were triggered by the continued detention of over a hundred fishermen and confiscation of numerous boats by Sri Lankan authorities.

On Saturday alone, 5,000 fishermen in 450 boats were reportedly intercepted, with 32 arrested and taken to Talaimannar Naval Camp.

The ongoing strike has left approximately 700 boats anchored at Rameswaram fishing port, causing daily economic losses estimated at Rs 1 crore.

Fishermen leaders have threatened to expand their protests to other coastal districts if authorities fail to secure the prompt release of their detained colleagues.

Source: The Hans India

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Chinese scientist honored in Sri Lanka for dedication to drinking water safety

At the end of 2024, Chinese scientist Wei Yuansong received an extraordinary honor: a set of commemorative stamps issued by Sri Lanka featuring his portrait.

This rare tribute recognized his decade-long commitment to providing communities with safe drinking water and fostering scientific collaboration between China and Sri Lanka.

The connection of Wei, a leading expert in water pollution control, with Sri Lanka began in 2013 when S.K. Weragoda, a Sri Lankan researcher trained in China’s water and sanitation program, sought his assistance in addressing a pressing public health crisis: Chronic Kidney Disease of Unknown Etiology (CKDu).

Since 1990, CKDu had affected over 40,000 people in Sri Lanka, with early studies by the World Health Organization linking the disease to groundwater used for drinking.

In August 2014, Wei embarked on his first research trip to Sri Lanka, marking the start of a challenging, yet transformative, journey. Alongside Weragoda, he traveled for hours each day along rugged roads to reach the most severely affected regions. They visited households, engaged with villagers, and worked tirelessly to understand the epidemic’s root causes.

However, their efforts were initially met with skepticism. At that time, experts from multiple developed countries had already carried out studies and assistance in the Asian country.

“Many locals believed that Chinese researchers, like others before them, were only interested in publishing papers, not in solving the problem,” Wei recalled. Despite these obstacles, the team persisted with sustained communication and concrete steps of cooperation, gradually earning the trust of communities.

Their perseverance paid off. In March 2015, China and Sri Lanka signed an agreement to jointly investigate CKDu and improve drinking water safety. Since then, Wei and his team have made frequent visits to Sri Lanka, conducting in-depth research and developing tailored water treatment solutions.

Today, at 55, Wei continues to lead the Laboratory of Water Pollution Control Technology at the Chinese Academy of Sciences (CAS), driving innovation in environmental governance and international cooperation.

The issuance of Sri Lankan stamps honoring Wei not only celebrates his contributions but also underscores the power of cross-border scientific partnerships in tackling some of the world’s most pressing challenges.

Wei’s unwavering dedication, alongside his team, has brought about big changes in Sri Lanka. Notably, the CAS facilitated the construction of four water treatment facilities in regions severely affected by CKDu. These facilities now provide safe drinking water for more than 5,000 villagers and 1,300 schoolchildren.

Additionally, the China-Sri Lanka Joint Research and Demonstration Center for Water Technology (JRDC) has been in service since 2021 to further bolster collaborative efforts.

Beyond infrastructure development, the CAS has prioritized capacity building, training over 30 water specialists and approximately 40 graduate students in water and environmental studies for Sri Lanka. This focus on local expertise has created a sustainable foundation for long-term environmental and public health improvements.

“Villagers suffering from kidney diseases have reported not needing hospital visits for years, thanks to the assistance provided by Chinese scientists,” said Titus Cooray, a Ph.D. student at the JRDC, adding that the local people now trust Chinese scientists wholeheartedly.

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First US-based RM Parks’ Shell fuel station opens in Sri Lanka

The first US-based RM Parks’ Shell fuel station opened in Sri Lanka on Wednesday at the BS Cooray Filling Station, in Ambatale.

The US Ambassador to Sri Lanka Julie Chung declared open the fuel station.

“Proud to join the opening of the first California-based RM Parks’ Shell fuel station in Sri Lanka, with 150 stations planned. This investment adds a reliable fuel provider to the market and makes America and Sri Lanka more prosperous. Diversifying fuel suppliers will help avoid the fuel shortages that caused Sri Lanka’s 2022 fuel crisis,” the Ambassador said.

She said the opening highlights Sri Lanka’s openness to foreign investment and to maintaining a level playing for all businesses.

“This opening is great for all Sri Lankan drivers: motorcyclists, car drivers, tuk drivers, truck drivers. Adding competitors to the markets gives them more quality and product options. And the convenience stores will provide snack and essentials to a society increasingly on the go,” she added.

The Ambassador said that in alignment with US President Trump’s vision of making America safer, stronger, and more prosperous, the event in Sri Lanka reinforces the United States as a global energy leader.

She said that by investing in Sri Lanka’s energy infrastructure, the US is not only strengthening supply chains, but also advancing the ties that bind the two nations.

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Ex-President Ranil heads to India for third visit in recent months

Former Sri Lankan President Ranil Wickremesinghe is set to depart for New Delhi, India, today (27) to deliver a keynote address on global issues.

The speech will take place at the Bharat Mandapam in New Delhi on Friday (28), with the participation of diplomats and distinguished guests. Indian Prime Minister Narendra Modi, former Canadian Prime Minister Stephen Harper, and former Australian Prime Minister Tony Abbott are also slated to speak at the event.

Wickremesinghe’s address will focus on South Asia’s geopolitical landscape, economic challenges, and regional cooperation.

In addition to his speech, the former president is expected to hold discussions with Prime Minister Modi. Political sources indicate that their meeting will cover key bilateral and regional matters. Wickremesinghe will also engage with prominent Indian business leaders during his visit.

This marks his third visit to India in recent months. Wickremesinghe is scheduled to return to Sri Lanka on March 2.

Ex-Presidents’ expenditure on foreign trips revealed; Mahinda tops list

During today’s (27) parliamentary session, Prime Minister Dr. Harini Amarasuriya revealed the total expenditure on foreign trips made by former Presidents of Sri Lanka.

The details shed light on the financial costs incurred by the state for presidential travels over the years.

The Prime Minister provided the following breakdown of the foreign trip expenses for each former President:

Mahinda Rajapaksa (2010–2014): Rs 3,572 million
Maithripala Sirisena (2015–2019): Rs 384 million
Gotabaya Rajapaksa (2020–2022): Rs 126 million
Ranil Wickremesinghe (2023–2024): Rs 533 million
Anura Kumara Dissanayake (Sep. 2024–Feb. 2025): Rs 1.8 million

The Prime Minister highlighted that the highest expenditure during the period from 2010 to 2025 was recorded in 2013, when President Mahinda Rajapaksa’s foreign trips cost the state a staggering Rs. 1,144 million.

Singapore declines to extradite Arjuna Mahendran implicated in bond scam

The Singaporean authorities have cited inability to extradite former Central Bank Governor Arjun Mahendran to Sri Lanka in terms of the legal system of that country, posing a fresh challenge for the government in its attempt to investigate the bond scam which caused a loss of Rs.10 billion in 2015, Daily Mirror learns.

The Sri Lankan Attorney Generals Department sought the extradition of Mr. Mahendran who is implicated in the bond fraud that took place under the Yahapalana government. Mr. Mahendran, a Singaporean of Sri Lankan origin, was appointed Central Bank Governor at that time.

Last year, the Colombo Magistrate’s Court noticed him to appear before the court on February 25, 2025 over a case filed by the Bribery Commission.

The Colombo Permanent Trial-at-Bar bench has already issued a warrant through Interpol for the arrest of former Central Bank Governor Arjuna Mahendran in connection with the Central Bank bond scam

The case has been filed over the alleged misappropriation of bonds causing a loss of over Rs. 10 billion to the government of Sri Lanka in 2015.

President Anura Kumara Dissanayake, in the run up to the presidential elections last year, vowed to bring him back to Sri Lanka. He even said it would be a priority of his government. After the presidential election, then Cabinet spokesman Foreign Affairs Minister Vijitha Herath announced that the Public Security Ministry had commenced legal investigations into the bond fraud, taking into account the findings of the Presidential Commission of Inquiry and the Parliamentary Select Committee.

The Central Bank bond scam, which occurred on February 27, 2015. The scam involved the issuance of government bonds by the Central Bank under the leadership of Mr. Mahendran as the governor.

Perpetual Treasuries Limited, a primary dealer in the bond market and owned by Mahendran’s son-in-law Arjun Aloysius, was a major beneficiary of the bond issuance.

A top source said that the legal authorities of Singapore had informed their Sri Lankan counterpart that Mr. Mahendran could not be extradited according to the law of that country.

The Commonwealth Schemes provide for extradition of fugitive criminals between Sri Lanka and Singapore as commonwealth countries.