Q. Japan will provide how much Official Development Assistance (ODA) loan for infrastructure projects in India for FY 17?
Answer: Yen 371 billion
Notes: Japan will provide an Official Development Assistance (ODA) loan for an amount of Yen 371.345 billion (=Rs.21,590 crore approx) under FY 2016-2017 to India for infrastructure projects, the dedicated freight corridor. For this, the notes were exchanged in New Delhi between S Selvakumar, Joint Secretary under Department of Economic Affairs and Kenji Hiramatsu, Ambassador of Japan to India. (Exchange Rate: Re.1 = Yen 1.72).
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