May 03, 2026 05:07 pm (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Jolt to TMC! Supreme Court rejects plea challenging central staff deployment at Bengal counting centres | Bangladesh MP warns of refugee crisis if BJP wins West Bengal polls | Diplomatic row: Bangladesh summons Indian envoy over Himanta Biswa Sarma remarks | Supreme Court grants Pawan Khera anticipatory bail in case over allegations against Himanta Biswa Sarma's wife | ‘Not necessary to humiliate me with arrest’: Pawan Khera to SC over remarks on Himanta Biswa Sarma’s wife | ‘Let’s not choose for people capable of choosing’: Supreme Court to Centre on teen pregnancy termination | I-PAC co-founder Vinesh Chandel gets bail after Bengal polls conclude | Exit Polls Give Bengal to BJP—But One Survey Begs to Differ | Big defence push: Rajnath Singh to hold high-stakes talks with Italy’s Defence Minister | “Voting without fear”: PM Modi hails record turnout in West Bengal 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
Security beefed up outside Kolkata's Netaji Indoor Stadium ahead of vote counting
Security beefed up outside Kolkata's Netaji Indoor Stadium ahead of vote counting May 03, 2026, at 11:30 am
Mamata’s midnight meltdown: CM stays 4 hours at strongroom over ‘EVM tampering’ fears
Mamata’s midnight meltdown: CM stays 4 hours at strongroom over ‘EVM tampering’ fears May 01, 2026, at 03:56 am
In Images: Mamata Banerjee casts her vote in Kolkata
In Images: Mamata Banerjee casts her vote in Kolkata Apr 29, 2026, at 05:27 pm
Related Videos
Mamata Banerjee casts her vote in Kolkata May 03, 2026, at 03:37 pm
Bengal Polls: Prosenjit Chatterjee on voting with son in Kolkata May 03, 2026, at 03:34 pm
Faith in Democracy: MoC Nuns and ISKCON Monks Cast Votes in Bengal Elections May 03, 2026, at 03:31 pm