Japan commits Rs 2,113 cr support for COVID relief efforts

The Government of Japan has committed Official Development Assistance loan of 30 billion Japanese Yen which is approximately Rs 2113 crore rupees for a programme loan to support India’s efforts at providing social assistance to the poor and vulnerable households, severely impacted by the COVID-19 pandemic.

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India and Japan have had a long and fruitful history of bilateral development cooperation since 1958. In the last few years, the economic cooperation between India and Japan has strengthened and grown into a strategic partnership.

Important takeaways for all competitive exams:

  • Japan Capital: Tokyo.
  • Japan Currency: Japanese yen.
  • Japan Prime minister: Yoshihide Suga.

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