Japan gives Rs 6668.46 crore loan for developing projects in India
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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