India on Saturday announced a $15 million grant for the promotion of Buddhist ties with its neighbor Sri Lanka.
Indian Prime Minister Narendra Modi made the offer during a virtual summit with his Sri Lankan counterpart, Mahinda Rajapaksa.
Buddhism is practiced by more than 70% of Sri Lanka's population.
Indias External affairs Ministry said the promotion will be through construction and renovation of Buddhist monasteries, capacity development, cultural exchanges, archaeological cooperation and reciprocal exposition of Gautam Buddhas relics.
India recently upgraded its airport in Kushinagar, an important Buddhist pilgrimage site in the northern Indian state of Uttar Pradesh, to receive international flights. India plans to fly a Buddhist delegation from Sri Lanka on the inaugural flight soon.
His followers believe that Buddha attained a transcendent state after his death in Kushinagar.
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