Patna: The opposition INDIA bloc has named Rashtriya Janata Dal (RJD) leader and former Bihar Deputy Chief Minister Tejashwi Yadav as the head of its coordination committee for the upcoming Bihar Assembly elections.

The decision was made during a meeting of the six alliance partners – Congress, RJD, Communist Party of India (CPI), Communist Party of India (Marxist), Communist Party of India (Marxist-Leninist) Liberation (CPI(ML)), and the Vikassheel Insaan Party (VIP) – held in Patna on Thursday, April 17.

While the bloc stopped short of formally declaring Yadav as its chief ministerial candidate, it confirmed that he will lead the key decision-making committee for the election campaign. The committee will be responsible for drafting a common minimum programme, finalizing the manifesto, managing seat-sharing talks, and coordinating campaign strategies.

Congress’s Bihar in-charge Krishna Allavaru, speaking at a joint press conference after the meeting, said, “The coordination committee will be the supreme body for the INDIA alliance, overseeing every aspect of the election. Tejashwi Yadav will be its chairman, and members from all alliance partners will be included.”

The meeting followed Yadav’s recent discussions in Delhi with Congress president Mallikarjun Kharge and Leader of the Opposition Rahul Gandhi.

Addressing the media after the Patna meeting, Yadav said, “There is deep resentment among the people of Bihar due to unemployment, poverty, and increasing migration. Even the NITI Aayog’s report confirms Bihar as the poorest state despite 20 years of rule under the NDA.”

He further criticized both Chief Minister Nitish Kumar and the central government, stating, “The real double engine in Bihar is crime and corruption.”

In the 2020 Assembly elections, the RJD emerged as the single largest party with 75 seats, while Congress won 19 of the 70 it contested. The CPI(ML) secured 12 of 19 seats, and the VIP, despite exiting the alliance before the elections, won four seats.

The INDIA bloc is now preparing to mount a consolidated challenge to the ruling NDA in the upcoming state polls.

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Colombo (PTI): The IMF has approved an emergency funding of USD 206 million under its rapid finance instrument to help Sri Lanka “address the urgent needs arising from the catastrophic Cyclone Ditwah and preserve macroeconomic stability”.

The cyclone caused widespread destruction in the island nation and left over 643 people dead.

In a statement issued on Friday, the Washington-based International Monetary Fund (IMF) said the disaster has created urgent humanitarian and reconstruction needs, generating significant fiscal pressures and balance-of-payments needs.

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The emergency financial support provided by the IMF under the rapid finance instrument will help address these pressures, it said.

The IMF added that the cyclone devastation hit when the Fifth Review of Sri Lanka’s USD 2.9 billion bailout was nearing completion.

“Given the time needed to assess the economic impact of the cyclone and examine how an IMF-supported programme can best support Sri Lanka’s recovery and reconstruction efforts while preserving objectives and policy priorities, the Fifth Review has been deferred," it said.

"An IMF mission team will visit Sri Lanka in early 2026 to resume discussions,” it added.

The 48-month extended fund facility deal with the IMF in March 2023 carried hard reforms to Sri Lanka's welfare-based governance.

It was signed after Sri Lanka plunged into an unprecedented economic meltdown with its first-ever sovereign default.

Several hours before the IMF decision, the parliament here approved without a vote a supplementary estimate of LKR 500 billion, which the government said was required to restore the livelihoods of those affected by the disaster.