Japan has agreed to grant 375 Billion Yen (US$ 3.45 Billion) long-term
loan for nine urban infrastructure projects including highways, metro
trains, rail corridors, water supply, pollution abatement,
Community-Based Forest Management, and Livelihoods Improvement in India.
To be returned in 30-40 years, this is the Official Development
Assistance (ODA) provided by Japan to India through its agency the Japan
International Cooperation Agency (JICA) on very easy interest rates. Read more....
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