Sri Lanka- Country in South Asia in Turmoil

Protest

 Sri Lanka, formerly known as Ceylon, and officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia. It lies in the Indian Ocean, southwest of the Bay of Bengal, and southeast of the Arabian Sea; it is separated from the Indian subcontinent by the Gulf of Mannar and the Palk Strait.

Sri Lanka is a lower-middle-income country with a GDP per capita of USD 3,852 (2019) and a total population of 21.8 million.

Indians in Sri Lanka refer to Indians or people of Indian ancestry living in Sri Lanka, such as the Indian Tamils of Sri Lanka.

Indian traders have been visiting and settling down in Sri Lanka for more than 2,500 years, Colombo Chetties are descendants of traders who had come to Sri Lanka during the Portuguese colonial era since 1505 CE. Sri Lankan monarchs have used the services of South Indian labor since centuries BCE. According to the primary source Mahavamsa, number service groups from Pandyan kingdom in present-day Tamil Nadu accompanied the settlement of Anuradhapura by Prakrit speakers. There is epigraphic evidence of traders and others self identifying as Damelas or Damedas (Sinhala and Sinhala prakrit for Tamils) in Anuradhapura and other areas of Sri Lanka as early as 2nd century BCE. The idea of looking upon the Demedas as aliens was not prevalent in the Early Historical Period.


Sri Lanka’s economic crisis deepens as the country is snowed under its crushing debt.



Sri Lankan President Gotabaya Rajapaksa declared an economic emergency in September. It allowed the government to take control of the supply of basic food items, and set prices to control rising inflation, which spike to 14.2% in January
Since 2010, Sri Lanka witnessed a sharp rise in foreign debt, reaching 88% of the country's GDP in 2019. The onset of the COVID-19 pandemic induced global recession accelerated the crisis and by 2021, the foreign debt rose to 101% of the nations GDP  ..

Sri Lanka declares state of emergency amid economic crisis, unrest.

Sri Lanka's President declares state of emergency as thousands protest and demand his resignation.

Sri Lankan economy 'completely collapsed', Prime Minister says'.

Sri Lanka protesters set the prime minister's home on fire after he agrees to resign





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