Financial assistance extended for passenger ferry service between Nagapattinam and Kankesanthurai
SriLanka, Sept. 21 -- The Government of India has extended the financial assistance for the passenger ferry service between Nagapattinam and Kankesanthurai for another year. This marks the third consecutive year of financial support by the Government of India for the ferry service, beginning with its resumption in August 2024. The extension reflects India's continued commitment to enhancing regional connectivity and strengthening people-to-people linkages between the two countries.
The financial support is being extended under the Viability Gap Funding mechanism, amounting to nearly LKR 300 million annually. The assistance is aimed at ensuring the affordability and operational sustainability of the service by covering key logistical and ...
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