Japan International Cooperation Agency (JICA) signs ₹16,420 crore loan deals for four projects in India

Key facts

• Japan International Cooperation Agency (JICA) signed four Official Development Assistance loan agreements with the Government of India totalling ₹16,420 crore.
• The agreements cover Maharashtra tertiary healthcare and medical education, Punjab sustainable horticulture, Bengaluru Metro Phase 3, and Mumbai Metro Line 11.
• Maharashtra project loan is 62,294 million Japanese Yen, Punjab horticulture project is 18,684 million Japanese Yen, Bengaluru Metro Phase 3 is 102,480 million Japanese Yen, and Mumbai Metro Line 11 is 92,400 million Japanese Yen.
• Alok Tiwari, Joint Secretary, Department of Economic Affairs, Ministry of Finance, and Takeuchi Takuro, Chief Representative of JICA India Office, signed the loan agreement in New Delhi.