India to receive assistance loan worth Rs 3,500 Cr from Japan to fight COVID-19

Japan has committed an official Development Assistance loan of 3 thousand 500 crore rupees for the COVID-19 Crisis Emergency Response Support. The Notes were exchanged between the Additional Secretary in the Department of Economic Affairs Dr C.S. Mohapatra and Ambassador of Japan to India Suzuki Satoshi for a Health sector programme loan to fight the COVID-19 crisis.

Subsequent to the Exchange of Notes, Loan Agreement for the programme loan was signed between Dr Mohapatra and Chief Representative of JICA in New Delhi Katsuo Matsumoto.

Japan International Cooperation Agency, JICA is a governmental agency that coordinates Official Development Assistance for the Government of Japan.