Sri Lanka, Feb. 1 -- The Government of India has proposed a total of 4 billion Indian Rupees in grants and loans to Sri Lanka through the 2026/27 Budget.

India's annual budget made a fresh bet on the country's manufacturing sector as Finance Minister Nirmala Sitharaman laid out priorities for Asia's third-biggest economy and pledged to accelerate growth amid a volatile global environment.

The budget for the next fiscal year will focus on structural reforms particularly in the manufacturing sector, building a robust financial sector and stepping up investments in cutting-edge technologies, including artificial intelligence, she said on Sunday (Feb 1).

The Modi government has been struggling to raise manufacturing from the current level ...