Japan Extends 30 Billion Yen Loan to India for Coronavirus Support
Japan has committed an Official Development Assistance (ODA) loan of 30 billion yen (approx Rs 2,113 crore) for a programme loan to support India's efforts at providing social assistance to Covid-19 impacted poor and vulnerable households.
New Delhi, January 8: Japan has committed an Official Development Assistance (ODA) loan of 30 billion yen (approx Rs 2,113 crore) for a programme loan to support India's efforts at providing social assistance to Covid-19 impacted poor and vulnerable households.
The notes were exchanged on Friday between India's Additional Secretary, Economic Affairs, C.S. Mohapatra, and Japan's Ambassador Suzuki Satoshi for the Covid-19 Crisis Response Support Loan for Social Protection. New Coronavirus Strain: India First in World to Successfully Culture and Isolate 'UK Variant' of COVID-19-Causing SARS-CoV-2 Virus.
Subsequent to the exchange of notes, agreement for this programme loan was signed between Mohapatra and JICA's Chief Representative Katsuo Matsumoto.
This programme loan aims to support India's efforts to provide coordinated and adequate social protection to the poor and vulnerable across the country against the severe impacts of Covid-19 pandemic.
(The above story first appeared on LatestLY on Jan 08, 2021 10:26 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).