Japan Friday committed 132.645 billion Yen (Rs.7,802.17 crore) as part of the official development assistance (ODA) loan package to fund four development projects in India.
The projects include development of the Indian Institute of Technology (Hyderabad) campus (Rs.313.62 crore), Tamil Nadu transmission system improvement project (Rs.3,572.73 crore), Rajasthan rural water supply and fluorosis mitigation project (Rs.2,211.52 crore), and Delhi water supply improvement project (Rs.1,704.30) crore.
"Notes were exchanged today (Friday) between joint secretary of department of economic affairs and charge de' affaires ad interim of embassy of Japan to India. Through this exchange of notes, Japan committed an amount of Yen 132.645 billion," the finance ministry said in a statement.
With Friday's commitment, the ministry said the ODA from Japan has reached 3,587.302 billion Yen.
The projects include development of the Indian Institute of Technology (Hyderabad) campus (Rs.313.62 crore), Tamil Nadu transmission system improvement project (Rs.3,572.73 crore), Rajasthan rural water supply and fluorosis mitigation project (Rs.2,211.52 crore), and Delhi water supply improvement project (Rs.1,704.30) crore.
"Notes were exchanged today (Friday) between joint secretary of department of economic affairs and charge de' affaires ad interim of embassy of Japan to India. Through this exchange of notes, Japan committed an amount of Yen 132.645 billion," the finance ministry said in a statement.
With Friday's commitment, the ministry said the ODA from Japan has reached 3,587.302 billion Yen.
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