Japan gives Rs 6668.46 crore loan for developing projects in India

Japan-Abe

India is the largest recipient country of Japanese ODA Loan in FY2018 as well as in FY2017 on the commission basis. Through this post let`s understand how this loan will be used by present government in India.

This loan is focused around three projects/initiatives of Indian Government

  • The loan will used to develop phase two of the Chennai metro project
  • Improvement of income levels of dairy farmers in India
  • Institution building and policy development related to Sustainable Development Goals (SDGs) in India

For more details:

India is the largest recipient country of Japanese ODA Loan in FY2018 as well as in FY2017 on the commission basis.

Source: New Indian Express

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