Team Blitz India
The Government of Japan has committed Official Development Assistance (ODA) loan of JPY 232.209 billion for nine projects in various sectors in India. The notes were exchanged on February 21 between Vikas Sheel, Additional Secretary, Department of Economic Affairs, Ministry of Finance and Suzuki Hiroshi, Ambassador of Japan to India.
The ODA loan has been committed for:
The road network connectivity projects aim to improve infrastructure in India’s North East region while the Chennai peripheral ring road project aims to alleviate traffic congestion and strengthen connections to the southern parts of the state.
The project in Nagaland will help develop tertiary level medical service delivery by developing a medical college hospital contributing towards universal health coverage. A unique project in Telangana will help discover entrepreneurial skills with focus on women and rural population and support business expansion of MSMEs.
