Categories: National

Japan commits ODA of Rs 3500 crore to fight COVID-19 in India

India will receive an Official Development Assistance (ODA) loan of an amount of JPY50 billion (approx. Rs. 3,500 crore) from the government of Japan. Japan has committed the loan for the COVID-19 Crisis Emergency Response Support in order to fight the COVID-19 crisis.

WARRIOR 3.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams | Bilingual | Live Class

The ODA loan will support India’s efforts in its fight against COVID-19. It will also assist the country to prepare the health system to handle future epidemics. It will also increase the resilience of India’s health systems against infectious diseases.

Japanese government has also committed Grant Assistance of an amount of JPY 1 billion (approx. Rs. 70 crore) for offering medical equipment to bolster the public health and medical system in India.

Find More National News Here

Recent Posts

Keoladeo National Park: Location, Biodiversity, Migratory Birds and Conservation Importance

Following good monsoon rains, migratory birds like storks, pelicans, painted storks, and bar-headed geese have…

27 mins ago

National Forensic Infrastructure Enhancement Scheme (NFIES): Objectives, Components and Latest Updates

With rising crime complexity and new legal mandates requiring forensic evidence, India is strengthening its…

36 mins ago

Fiscal Policy in India: Objectives, Instruments, Types and Role in Governance

Fiscal Policy is one of the most influential pillars of India’s economic strategy. It determines…

50 mins ago

Which is the Coldest Place on the Earth? Check the Name and Significance

The Earth has many amazing and unusual places, and some of them experience temperatures that…

51 mins ago

Billionaire Wealth Transfer Enters Historic Phase

In a striking reflection of a shifting global wealth landscape, the UBS Billionaire Ambitions Report…

56 mins ago

Sunil Narine Makes T20 History With 600‑Wicket Milestone

In a landmark moment for cricket, Sunil Narine has become the first player in the…

56 mins ago