April 19, 2026 06:20 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Pushback from smartphone makers: Centre drops Aadhaar app pre-install plan — report | Meta eyes first wave of layoffs on May 20: Report | TCS breaks silence on Nida Khan: ‘No HR role, no power’ in Nashik case | ‘Panic reaction’: Rahul Gandhi on women’s bill, says PM Modi ‘wants to send a message’ | Adani Group shares rise as Gautam Adani becomes Asia’s richest, overtakes Mukesh Ambani | TCS Nashik ‘conversion’ case accused seeks anticipatory bail citing pregnancy | IT raids TMC candidate Debasish Kumar’s premises ahead of Bengal polls | Bengal SIR: Supreme Court allows voters restored by tribunal till April 21 and 27 to vote | 'Women won't spare you': PM Modi warns Opposition over resistance to quota bill | Vijay booked in 3 cases over poll code violation ahead of Tamil Nadu polls

Japanese Official Development Loan Assistance for India

| | Mar 31, 2016, at 06:29 pm
New Delhi, Mar 31 (IBNS) Union ministry of finance announced on Thursday that the Japanese government has committed an Official Development Assistance (ODA) loan of JPY 242.2 billion (approx. Rs 14,251 crores at INR 1 = JPY 1.70).
S. Selvakumar, Joint Secretary, Department of Economic Affairs, Government of India and  Kenji Hiramatsu, Ambassador of Japan to India represented their respective countries.
 
The ODA loan assistance will be utilised for various projects: Transmission System Strengthening Project in Madhya Pradesh (JPY 15. 45 Billion); Odisha Integrated Sanitation Improvement Project (II) (JPY 25.7 Billion); Dedicated Freight Corridor Project (Phase 1) (III) (JPY 103.6 Billion); North East Road Network Connectivity Improvement Project (Phase 1) (I) (JPY 67.1 Billion); and Jharkhand Horticulture Intensification by Micro Drip Irrigation Project (JPY 4.65 Billion). 
 
The government of Japan has committed a total of JPY 390 billion in the current financial year, which is the highest amount committed in a year.
 
Image: Kenji Hiramatsu, Ambassador of Japan to India, and S. Selvakumar, Joint Secretary, Department of Economic Affairs, Government of India signing the notes. /PIB
#Japanese Official Development Loan Assistance for India

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
In Images: Mamata Banerjee files nomination from Bhabanipur for Bengal polls
In Images: Mamata Banerjee files nomination from Bhabanipur for Bengal polls Apr 08, 2026, at 01:04 pm
In Images: Kangana Ranaut at Kalighat Temple in Kolkata
In Images: Kangana Ranaut at Kalighat Temple in Kolkata Apr 07, 2026, at 02:46 pm
In Images: Amit Shah holds roadshow for BJP candidates in Kolkata
In Images: Amit Shah holds roadshow for BJP candidates in Kolkata Apr 02, 2026, at 05:14 pm
Related Videos
TMC-BJP clash in Bengal #westbengal #tmc #bjp Mar 30, 2026, at 04:20 pm
Seven stolen dogs in China make daring escape from meat traders Mar 30, 2026, at 04:20 pm
Munich elects first openly gay Green mayor in historic shift Mar 30, 2026, at 04:19 pm