Colombo, July 5 (UNI) India has the clout to bail out Sri Lanka out of the present crisis but Colombo will need
20-25 billion worth of funds in the next three years to put its tottering economy back on some decent footing and to restart growth, an economist said in comments published on Tuesday.
"As China is in dilemma while the rest of the world has qualms over helping Sri Lanka, India could deepen its role in bailing out its debt-strangled neighbour by giving the leadership for a proposed donor consortium," the Daily Mirror quoted Dr Ganeshan Wignaraja as saying.