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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | ECONOMIC CRISIS IN SRI LANKA’S: BATTLING FOR SURVIVAL AND SUISTANABLE ECONOMIC GROWTH |
| Authors Name: | Dr. Chitra Prabhat |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_189772
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| Published Paper Id: | IJNRD2303415 |
| Published In: | Volume 8 Issue 3, March-2023 |
| DOI: | |
| Abstract: | The purpose of my research is, to describe how Sri Lanka’s Economic crisis will affect and bring challenges for Indian economy. Why Sri Lanka’s economic crisis is occurred. Described what impact being created due to economic crisis in Sri-lanka and also recommend some measures in order to come out from this crisis. Sri Lanka was one of the South Asian nations which have better living conditions and economic stability compared to other South Asian nations. But now Sri Lanka is facing the worst ever economic crisis in the year 2022. Sri Lanka is experiencing a severe economic crisis as a result of the country's depletion of foreign reserves, which has resulted in shortages of food, fuel, medication, cement, and other necessary products with electricity blackouts. As a consequence of Sri Lanka’s economic crisis is a fast putting citizen in hardship. The Sri Lankan government is optimistic that the crisis would be addressed shortly. Even though the circumstances on the ground and analyses of the government's policy measures imply that Sri Lankans would not receive economic respite anytime soon, global geopolitical-economic trends, particularly in the aftermath of the Russia–Ukraine war. In Sri Lanka, public resistance to the government's handling of the matter is steadily growing. India, being the nearest neighbour has offered 1billionto help the island nation for buying necessary commodities. The role of China in the affairs of Sri Lanka will be a trouble for India in the future. India depends mainly on Colombo port for trade purposes at present, the economic crisis should be tackled carefully by India because it will affect the economy, India. |
| Keywords: | economic, crisis, commodities, Inflation, decline |
| Cite Article: | "ECONOMIC CRISIS IN SRI LANKA’S: BATTLING FOR SURVIVAL AND SUISTANABLE ECONOMIC GROWTH ", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 3, page no.e116-e120, March-2023, Available :http://www.ijnrd.org/papers/IJNRD2303415.pdf |
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| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID:IJNRD2303415 Registration ID: 189772 Published In: Volume 8 Issue 3, March-2023 DOI (Digital Object Identifier): Page No: e116-e120 Country: Katni, M.P., India Research Area: Arts Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2303415 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2303415 |
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
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