Business Today

Give And Take

The Japanese have been helping India get several large projects off the ground on reasonable terms

Japan International Cooperation Agency (JICA), the government body that coordinates the official development assistance (ODA) given by Japan to other nations, has an illustrative map to provide a glimpse of projects in India that it is supporting. One glance is enough to make you realise the extent of its help. Of the 29 states in India, 25 have projects that have got financial assistance, almost all soft loans, from Japan. With accumulated soft loan commitment of Rs 3,00,000 crore (till 2017/18), India is JICA's largest development partner in the world. "India was the biggest recipient of Japanese ODA last year

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today1 min read
Plane Pain
▶ The top three players have rebounded after Covid-19 by growing sales quickly ▶ SpiceJet failed to reach the pre-Covid level of sales even in FY23 *2022-23 IS AKASA’S FIRST FULL YEAR OF OPERATIONS SOURCE DGCA ▶ Leading airlines have been experiencin
Business Today3 min read
Road Warrior
IN THE HEART of Khalid Wani, who is the Senior Director of Sales for the India region at the American storage drive maker, Western Digital, beats the rhythm of a fervent traveller. He’s a man who believes passionately that the most precious memories
Business Today11 min read
The Dark Side Of Gold Loans
THE RBI ASKED the company to immediately stop its gold loan operations, which accounts for a third of its business. The reason: the regulator found some major lapses in how the company handled the loans. When the regulator looked into the company’s f

Related