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The Government of Japan has committed Official Development Assistance loan of an amount of JPY 30 billion (approx. Rs. 2,113 crore) for a programme loan to support Indias efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic. The
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FAQ :
Japan has committed an Official Development Assistance loan of JPY 30 billion, which is approximately Rs. 2,113 crore.
The loan is intended to support India's efforts in providing social assistance to poor and vulnerable households that have been severely impacted by the COVID-19 pandemic.
The Notes were exchanged between Dr. C.S. Mohapatra, Additional Secretary for the Government of India, and Mr. Suzuki Satoshi, Ambassador of Japan to India.
The loan is officially known as the COVID-19 Crisis Response Support Loan for Social Protection.
India and Japan have a history of bilateral development cooperation dating back to 1958.
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