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A private-run passenger ferry service is currently in service between Nagapattinam and Kankesanthurai. |
India has decided to further extend the financial assistance for another year to support the ongoing passenger ferry service between Nagapattinam and Kankesanthurai in line with India’s continued commitment to enhancing regional connectivity and strengthening people-to-people linkages between the two nations, the Indian High Commission in Colombo said.
The financial support is being extended under the Viability Gap Funding (VGF) mechanism, amounting to over Rs 300 million annually (approx. Rs 25 million per month). It is aimed at ensuring the affordability and operational sustainability of the service by covering key logistical and operational costs on terms similar to the previous year, a statement from the High Commission said.
Since its resumption in August 2024, the ferry service has facilitated the movement of over 15,000 passengers, reinforcing cultural, economic, and social exchanges between the two countries.
“The continuation of the financial support for the ferry service also aligns with the shared vision for enhanced maritime connectivity, as reaffirmed during the visit of the President of Sri Lanka to India in December 2024 and the visit of the Prime Minister of India to Sri Lanka in April 2025,” the statement said.
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