The economic collapse in Sri Lanka in 2019 serves as a reminder to countries to make wise decisions when taking out loans for growth. The serious economic crisis was not a sudden occurrence; rather, it was brought on by persistent governmental indifference and careless actions committed at the highest levels. This essay explores the political causes of the island's economic collapse, with a focus on the decisions and policies made towards economic recovery, particularly with regard to China and India. Sri Lanka has emerged as a significant factor in the equation between Delhi and Beijing. The study goes on to compare the Chinese and Indian responses to the crisis and their assistance in the process of national recovery.
