May 14, 2026 03:58 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Vijay-led TVK wins Tamil Nadu floor test as AIADMK split plays out | Congress veteran Sonia Gandhi admitted to Medanta Hospital in Gurugram | PM Modi halves convoy size after austerity call | Mulayam Singh's younger son Prateek Yadav dies at 38 | Protests erupt in Delhi after NEET UG 2026 cancellation over alleged paper leak | AIADMK cracks widen after Tamil Nadu defeat; faction backs Vijay-led TVK government | Himanta Biswa Sarma takes oath as Assam CM for second term after BJP’s landslide win | Bengali rights activist Garga Chatterjee arrested over alleged provocative remarks ahead of assembly polls | No return to full WFH yet: IT firms unlikely to change hybrid work model despite PM Modi’s appeal | Suvendu Adhikari Cabinet clears BSF land transfer, census rollout, Ayushman Bharat in Bengal

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: CM Suvendu Adhikari leads victory rally in Bhabanipur after historic Bengal win
In Images: CM Suvendu Adhikari leads victory rally in Bhabanipur after historic Bengal win May 13, 2026, at 11:03 pm
Bengal CM Suvendu Adhikari pays tributes to Mohun Bagan stalwart Tutu Bose
Bengal CM Suvendu Adhikari pays tributes to Mohun Bagan stalwart Tutu Bose May 13, 2026, at 05:55 pm
In Images: Suvendu Adhikari visits Nabanna
In Images: Suvendu Adhikari visits Nabanna May 11, 2026, at 03:22 pm
Related Videos
PM Modi shares breathtaking Somnath Temple visuals, Suryakiran flypast May 12, 2026, at 10:27 am
PM Modi Kneels, Bows to Bengal People in Emotional Gesture At Suvendu Swearing-in May 09, 2026, at 04:43 pm
Modi Touches Feet Of 97-Yr-Old Syama Prasad Mukherjee Associate At Suvendu’ Oath, Video Goes Viral May 09, 2026, at 04:06 pm