President Gotabaya Rajapaksa of Sri Lanka announced a state of emergency in the country after thousands of Sri Lankans demanded his resignation due to the country's severe economic predicament. Fuel and food are in low supply across the country. Foreign reserves have plummeted by 70%, inflation has risen by 25% in a month, and debts have risen to $4 billion! But how did the country end up in this precarious position? What is the response of the government to this? In what ways is India assisting Sri Lanka? In this video, I discuss all of these topics.