Colombo, Dec. 24 -- Sri Lanka's Ministry of Industry and Entrepreneurship Development has released LKR 106.2 million ($350,000) in financial assistance as part of the first phase of relief for industries affected by Cyclone Ditwah, as the government steps up efforts to stabilise the economy after widespread damage.
Under the programme, 531 registered industrialists verified by divisional secretariats will each receive a one-time grant of LKR 200,000 ($660), according to the secretary to the deputy minister of industry.
The funds have been channelled to district secretariats in Gampaha, Colombo, Mannar, Batticaloa, Ampara, Trincomalee, Kegalle, Monaragala, Badulla, Polonnaruwa, Ratnapura and Anuradhapura for immediate distribution.
Offici...