Japan Commits Rs 12,800 Crore for Diverse Projects in India
In a significant move to bolster India’s infrastructure and innovation landscape, the Japanese government has pledged a substantial loan of 232.209 billion yen (approximately Rs 12,800 crore) to fund nine distinct projects across various sectors in India. This financial assistance marks a notable step in enhancing the strategic and global partnership between India and Japan, a relationship that has been thriving since 1958. The agreement was formalized between Vikas Sheel, Additional Secretary of the Department of Economic Affairs, and Suzuki Hiroshi, the Japanese Ambassador to India.
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