India has agreed to amend a 2002 US$ 31 million wheat grain credit line to Sri Lanka, allowing the island to import busses instead. India has agreed to amend a 2002 US$ 31 million wheat grain credit line to Sri Lanka, allowing the island to import busses instead. Cabinet spokesperson Anura Priyadarshana Yapa told reporters on Friday that the Sri Lanka has utilized only US$ 7 million or 60 metric tones of the 300 metric tone wheat grain credit line todate.
“India has agreed to amend the credit line and allow us to import busses instead,” Yapa said.
The new Rajapaksa government, in it pre-poll properganda, proposed to revive Sri Lanka’s ailing state transport network, injecting 5000 new busses within three years.
The 2006 budget made provisions for 3000 new busses to be added into service, under the Centralised Transport Board (CTB), all pained back to its old red colour.
However, transport sector experts say the government needs to do more than add new busses to improve the public transport service, including an overhaul of the loss making operation.
The CTB has depended heavily for yea