Japan To Provide 3,500 crore loan to India to fight Against Covid-19

Vastavam web: Japan has committed India an aid of Rs 3,500 crore under the name of Development Assistance Loan to deal with the COVID-19 crisis. Additional Secretary in the Department of Economic Affairs Dr CS Mohapatra and Japan’s Ambassador to India, Suzuki Satoshi exchanged the notes for a health sector programme private loan in the fight against COVID-19 pandemic. Dr Mohapatra and Chief Representative of Japan International Cooperation Agency (JICA) in New Delhi, Katsuo Matsumoto signed the Loan Agreement for the programme, subsequent to the notes exchange.