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

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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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Japan commits Rs 2,113 cr support for COVID relief efforts_60.1

Japan commits Rs 2,113 cr support for COVID relief efforts_70.1

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